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Total 28 results found. Search for [ A. Ananthalakshmi ]

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A Ananthalakshmi
Mumbai, February 13, 2016
Consumers who bought gold over the last few years had their fingers burnt as prices fell by a third between 2013 and 2015. Gold had enjoyed a 12-year bull rally before that.


James Pomfret, A Ananthalakshmi
Shenzhen/Singapore, December 23, 2015
The hundreds of jewellery stores in Shuibei have seen business take a downturn since a buying boom peaked in 2013 as once-voracious Chinese consumers turn cautious.


A Ananthalakshmi and Gavin Maguire
Singapore, December 8, 2015
A drop to $1,000 would be gold's lowest since October 2009, and could potentially cause a spike in physical purchases in key consumers, India and China.


Rajendra Jadhav
Mumbai, June 19, 2015
The government is planning to issue sovereign bonds linked to the bullion price in an effort to divert some of the estimated 300 tonnes of annual demand for gold bars and coins.


Rajendra Jadhav and A. Ananthalakshmi
Mumbai/Singapore, June 17, 2015
Nearly two-thirds of India's gold demand comes from rural areas where jewellery is a traditional store of wealth for millions who have no access to the formal banking system.


Manolo Serapio Jr and A. Ananthalakshmi
Singapore, May 22, 2015
\"Demand is extremely slow. Customers are focusing on equity markets and aren't really interested in gold for the time being,\" said Dick Poon, general manager at Heraeus Precious Metals in Hong Kong.


A. Ananthalakshmi and Rajendra Jadhav
Singapore/Mumbai, May 20, 2015
Support from banks would be crucial for the success of the monetisation plan. Deposit schemes, similar to the one proposed on Tuesday by the government, have previously failed as the incentives offered were not profitable for banks.


A. Ananthalakshmi
Singapore, May 15, 2015
Spot gold was steady at $1,219.50 an ounce by 07:49 am, after rising 0.5 per centon Thursday. Prices had climbed to $1,227.04 in the previous session, their highest since Feb. 17.


A Ananthalakshmi
Singapore, April 29, 2015
Bullion has been boosted in recent days after a string of data, including US consumer confidence data released on Tuesday, hinted at slowing momentum in the US economy.


A. Ananthalakshmi
Singapore, March 27, 2015
The softness in demand comes ahead of April's Akshaya Tritaya festival, when it is considered auspicious to buy gold.


A. Ananthalakshmi
Singapore, March 20, 2015
Gold price was headed for its biggest weekly jump since January, after the US Federal Reserve cautioned over its rate hike path and US economic growth.


A. Ananthalakshmi
Singapore, March 9, 2015
The dollar drifted to its highest in more than 11 years against a basket of major currencies early on Monday.


Meenakshi Sharma and Krishna N. Das
February 28, 2015
In moving towards recycling of gold held in households and temple trusts for years, Finance Minister Arun Jaitley signalled the government's intent to cut shipments into the world's top consumer of the metal. Massive gold imports often skew India's trade balance.


Meenakshi Sharma and A. Ananthalakshmi
Mumbai/Singapore , February 19, 2015
Banks would again be allowed to import gold on a \"consignment basis\", under which they act as intermediaries and don't pay for the stock until a buyer has been found, which is usually quickly.


Meenakshi Sharma and A. Ananthalakshmi
Mumbai/Singapore, February 12, 2015
The World Gold Council forecast demand for gold in both India and China to rise to 900-1,000 tonnes in 2015, but said India was likely to retain its edge.


Tanya Ashreena, A. Ananthalakshmi and Devidutta Tripathy
New Delhi/Singapore, January 16, 2015
Jewellery firms are finding it hard to get credit to import raw material and ship out their wares as banks tighten the screws, worried about defaults in the sector.


Meenakshi Sharma and A Ananthalakshmi
Mumbai/Singapore, December 12, 2014
Traders had expected clarifications to the 80-20 rule, but there have been none yet. Another reason for the lack of strong imports is the adequate gold supply.


Meenakshi Sharma and A. Ananthalakshmi
Mumbai/Singapore, December 9, 2014
The industry body says allowing banks to hold the yellow metal as part of their liquidity reserves would motivate them to introduce gold deposit schemes.


A Ananthalakshmi and Meenakshi Sharma
Singapore, December 1, 2014
India, which is the world's second-biggest bullion buyer scrapped a rule on Friday mandating traders to export 20 per cent of all gold imported into the country.


A. Ananthalakshmi and Meenakshi Sharma
Singapore/Mumbai, November 28, 2014
Local premiums have fallen to about $10 an ounce from $18 last week due to the speculation over curbs, they said.


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