Platinum

India restricts imports of certain platinum jewellery

This follows similar steps taken in September, when the government restricted imports of certain silver jewellery until March 31, 2026

Platinum outshines gold, silver in 2025’s precious metals rally

After years in the shadows, platinum shines again on tight supplies and renewed investor interest

Centre curbs import of palladium, rhodium alloys having over one percent gold by weight

A palladium and rhodium alloy containing gold is primarily used in jewellery for white gold, as well as for dental applications.

Importers take Tanzania, Thailand route to bring gold disguised as platinum alloy

According to multiple sources familiar with the development, importers are using a legally available route by importing alloy that has a platinum content of more than two percent – the rest is predominantly gold – and be in complete compliance with the Customs Tariff Act.

India's four-week platinum imports surpass 2023 total as gold shown as platinum

India is the world’s second biggest consumer of gold and relies on imports to fulfil most of its requirement. It is also among the top five global consumers of platinum

Short Call | Havells, Manappuram, Tata Power, Godrej Properties in focus amid war for AI talent & Buffet’s oil feast

Gold bound for seventh monthly loss; Fed meet in spotlight

Spot gold was flat at $1,642.55 per ounce, as of 0331 GMT, but was down 1% for the month so far.

Gold Prices Today: Yellow metal rises by over Rs 100 as dollar and bond yields fall

Gold futures traded up 0.22 percent or Rs 112 at Rs 51,272 per 10 grams. Silver futures climbed 1.2 percent or Rs 729 to Rs 61,640 per kg

India raises import duty on platinum to 15.4%

In July, New Delhi raised import duty on gold to 15% but then kept the tax on platinum imports unchanged at 10.75%.

Britain to increase tariffs on Russian platinum, palladium in new sanctions

Import tariffs on a range of products will be raised by 35 percentage points, Britain said, while it will also ban exports of goods such as chemicals, plastics, rubber and machinery to Russia, worth a combined 250 million pounds ($310 million).

Platinum and palladium forecasts slashed after chip shortage hits auto sector

Longer term, the phasing out of combustion engines will be worse for palladium because platinum is less dependent on the auto industry and is used in hydrogen fuel cells, said StoneX analyst Rhona O'Connell.

Platinum slumps to lowest since 2002 as precious metals collapse

Precious metals joined a wider market sell-off as the coronavirus continued to spread rapidly, with some investors obliged to sell assets to cover margin calls.

Go long in platinum at $931/oz for target of $1,045-1,103: Dharmesh Bhatia

Platinum is used to clean up the exhaust gases of cars, and the funds are hoping that automakers will start using more of the metal as a substitute for more expensive palladium.

Sale of Platinum continues to grow in India: PGI

According to Platinum Guild International, MD, Vaishali Banerjee, as per the fifth annual report of Platinum Jewellery Business Review, a strong consumer retail sales was reported in United States, Japan and India in 2017.

Seeing strong demand for platinum jewellery ahead of festive season: Gautam Choksi

In an interview to CNBC-TV18, Gautam Choksi, ED of Hindustan Platinum spoke about the current trend in commodities market specifically platinum and palladium.

Gold down on dollar strength, political risks lend support

"In the short term, factors including a strengthening dollar could pull prices down to around the $1,230 an ounce range," said Yuichi Ikemizu, head of commodity trading at Standard Bank in Tokyo.

Muthoot launches non-jewellery platinum products with WPIC

World Platinum Investment Council Director of Market Development Marcus Grubb said India is a robust market and annually growing at about 30 percent, representing big opportunity for development of platinum as investment medium.

Private wealth on course to touch Rs 558 trillion by 2022

Karvy Private Wealth today said individual wealth grew 8.5 per cent to race past Rs 300 trillion mark at the end of 2015-16, driven by faster-clipped growth in physical assets, and will grow to Rs 558 trillion in the next five years.

Platinum, diamond jewellery leading trend this Diwali: Assocham

Diamond studded or platinum jewellery is leading the trend this Diwali on the back of growing change in the mindset of women, industry body Assocham on Thursday said.

India, Japan platinum demand to be strong in 2017: PGI

Platinum was trading above USD 940 an ounce on Tuesday, up from an eight-month low hit the previous day, and it still remains up about 6 percent for the year so far. The drop-off in prices over the two months since Aug. 12 has widened platinum's discount to gold to the most since June.

Gold steady as $ slips, on track for second straight weekly gain

"Gold is going to follow the dollar so closely till the U.S. Federal Reserve meeting in September and could trade within a range of USD1,335-USD1,365," said Ronald Leung, chief dealer at Lee Cheong Gold Dealers in Hong Kong.

As gold, platinum prices fall, investors flee metal funds

According to Bank of America Merrill Lynch's weekly flows report, investors yanked USD 1 billion from precious metals funds in the week to Nov. 25, the chunkiest outflow in 17 weeks. Data this week were based on four days of fund flows as opposed to the normal five due to Thanksgiving holiday, the bank said.