NEW DELHI (Reuters) – The Finance Ministry has written to the RBI to consider reimposing some restrictions on gold imports after inbound shipments surged in the last few months, widening the trade deficit, the Economic Times reported on Monday.

NEW DELHI: Gold prices recovered by Rs 75 to Rs 27,775 per 10 grams in the national capital today on the back of increased buying by jewellers and retailers amid ongoing festive season and firming global trend. Silver also recovered by Rs 225 to Rs …

“This scenario continues to be supportive for gold, as it allows for more room to rebuild positions in the near term should investor doubts on global growth and uncertainties on the timing of Fed rate hikes linger,” Joni Teves, an analyst at UBS AG in …

Over the last few days to finish out last week gold ran into the previous key level at $1240 which has resisted and forced gold a little lower, although it did rally and surge through to reach four week high in the process. During this period, gold has …

NEW YORK—Gold futures rose Monday as softer U.S. equities and a weaker dollar bolstered investor interest in protective assets like precious metals. The most actively traded contract, for December delivery, was recently up $7.70, or 0.6%, at $1,246.70 …

Gold ticks up after two straight sessions of losses * U.S. data on consumer sentiment, housing starts supports equities (Updates prices) By A. Ananthalakshmi SINGAPORE, Oct 20 (Reuters) – Gold edged up on Monday towards a one-month high, recovering …

Gold held a retreat from a five-week high as a rebound in global equities reduced demand for a haven. Silver, platinum and palladium advanced. Bullion for immediate delivery fell as much as 0.3 percent to $1,234.74 an ounce, and traded at $1,238.24 at …

Analysts say that historically October has been seasonally a good month to buy gold. Vikas Vaid, product head of commodity and currency of Prabhudas Lilladher Group, said it has been observed that historically gold prices bottomed out in October and …

Gold is a good hedge against inflation and global investors get on the gold train only when they fear that inflation will go up. After fears of inflation, the European Union (EU) region is facing the threat of deflation, mainly due to the fall in …