Page 4 - Gold Imports

Norms on Korean gold imports may be changed before next CEPA meet

Revised CEPA deal signed this week lowered tariffs on Indian shrimps, popcorn, beer

After rising 71% in Dec, five reasons why gold imports will halve in Jan

After rising by a staggering 71% in Dec 2017, the decline in imports this month has its roots in both tradition and economics

Gold imports may fall 25% in October -December

Weak festival demand takes shine off; lower purchases by India could drag global prices

India's gold imports in Q4 may fall 25% on weak festive demand: Analysts

Lower gold purchases by India could drag global prices that have already fallen nearly 6 per cent from this year's peak

Gold imports surge on withdrawal of PMLA rule

From Oct 1, the govt has reduced the import tariff on gold by $18 to $413 per 10 grams

90% of South Korea gold imports by two business groups

Only two entities have together imported close to 10,000 kg of gold from India's free trade partner of South Korea since July, after implementation of the goods and services tax (GST). These imports in the form of coins and medallions have surprised the government, which is now examining ways to impose interim restrictions.Of the total of 11,000 kg imported from July 1 to August 9, around 90 per cent has been brought in by two business groups which have taken advantage of the favourable reduction in tax incidence under GST, routing their imports through Korea, say government sources. One of the two is a leading player in the jewellery business, with a bullion refinery in Hardwar, learnt to have imported around 7,000 kg. The other is a Delhi-based trader in the bullion business for over a generation, having imported around 3,000 kg."Only two players have imported almost all the gold. The free trade pact has been misused. Some restrictions will be put in place soon. Beside, a permanent .

Gold imports more than doubled in July

Demand is expected to slow in second half on new tax: WGC

GST impact: Surge in gold imports from South Korea alarms govt

The surge has in gold imports jumped to $338.6 million during July 1 and August 3 this year

Gold imports double to $11.25 bn in Q1 due to seasonal, festive demand

According to commerce ministry data, Gold imports stood at $4.90 billion in April-June 2016-17

Gold imports more than double in June

Local consumption is forecast to rise to 850 tonness to 950 tonnes by 2020

India's May gold imports surge 4-times from year ago: GFMS

India had imported 25.3 tonnes gold in May 2016

Gold imports shrink 13.5% to $27.4 bn in FY17

Total imports of the precious metal in 2015-16 amounted to $31.7 billion

After Q1 spike, gold imports to drop sharply under GST, says WGC

India is the world's second largest gold consumer after China

Gold import shrinks 24% to $23 billion in Apr-Feb FY17

Total import of the precious metal in the corresponding period of 2015-16 stood at $30.71 bn

Gold imports fall 32% to $17.7 billion in April-Dec 2016

Gold imports dipped by 48.49% to $1.96 billion in December

Gold imports decline by 59% during January-September: Report

Assocham report says gold imports declined due to a prolonged strike by jewellers and continuation of 10 per cent customs duty on imports

Gold import bill falls to 10-yr low

Experts believe that import duty on the yellow metal needs to be cut back to at least 6% to discourage unofficial imports

FinMin considers norms for unrefined gold imports

Move follows instances of pure gold imports as dore

Gold import up, discount down

Discounts fall to 3-month low levels due to pick-up in imports, demand

April gold imports down 67%

"Gold imports declined to 19.6 tonnes in April, against 60 tonnes in the year-ago period," a senior official at MMTC Pamp said.