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Gold

JIM ROGERS: Gold Won't Bottom Until The Faithful Are Washed Out
www.businessinsider.com

After a brief summer rally, gold prices have begun their downward trend again and are near $1,300 level. Legendary investor Jim Rogers told us back in July that gold hadn't bottomed yet, and he still argues that it won't bottom until the gold faithfuls …

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Gold Selloff Sparks Goldman To Recommend Miners Hedge Production To …
www.ibtimes.com

Gold mining companies should lock in 2013 prices by hedging their production as all signs point to further declines in the yellow metal in coming months, Goldman Sachs Group analysts said recently. In a research note the analysts reiterated their …

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The Gold iPhone 5S Sold Out Instantly In Hong Kong And China
www.businessinsider.com

Apple's first gold-colour iPhone sold out immediately in Hong Kong and mainland China, according to reports and online buyers desperate to snap up the new status symbol. State-run news website sh.eastday.com reported Wednesday that the gold iPhone …

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PRECIOUS-Gold extends losses as Fed stimulus decision looms
www.reuters.com

Gold down for 3rd session, falls over 1 pct * Next support only near $1,270-$1,280 -traders * Coming up: Fed Chairman news briefing at 1830 GMT (Updates prices) By A. Ananthalakshmi SINGAPORE, Sept 18 (Reuters) – Gold extended losses into a third …

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RBI tightens gold loan rules
www.deccanchronicle.com

Mumbai: The RBI on Tuesday tightened the rules for lending against gold by non-banking finance companies (NBFC). In line with the recommendations made by a working group led by K.U.B. Rao, the central bank set a standard method to value the yellow …

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India Hikes Import Duty On Gold And Silver Jewelry From 10% To 15% To …
www.ibtimes.com

India increased customs duty on gold and silver jewelry from 10 percent to 15 percent, in a bid to protect the interests of domestic manufacturers, the finance ministry said in a statement on Tuesday.

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Import duty on gold jewellery hiked to 15 %
www.thehindu.com

The government on Tuesday increased the import duty on gold and silver jewellery to 15 per cent from 10 per cent to protect the domestic industry, although it would make ornaments more expensive for consumers. “To protect the interests of small …

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Gold Profits in Japan Seen in Abe Mulling Higher Tax
www.bloomberg.com

Japanese gold retailers are preparing for an acceleration in consumer purchases in the next six months if a planned sales-tax increase is carried out as part of the government's policy to end deflation. Prime Minister Shinzo Abe will decide whether he …

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PRECIOUS-Gold dips for 3rd session, Fed stimulus decision in focus
www.reuters.com

SINGAPORE, Sept 18 (Reuters) – Gold extended losses into a third session on Wednesday, falling about 1 percent to trade below $1,300 an ounce, with investors expecting the U.S. Federal Reserve to announce a reduction in its bullion-friendly stimulus …

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