Bombay Bullion Association

• Bombay Bullion Association eyes stake in MCX, shares gain

  India's leading bullion trade body said it was considering buying the MCX stake through a consortium led by a smaller bourse it promotes, Universal Commodity Exchange.

• Gold sales on Dhanteras hurt by inflation, say experts

  Gold sales on the occasion of Dhanteras were down by about 50 per cent despite lower price as sluggish demand for bars and coins amid high inflation and weak economic outlook dimmed the sparkle of the precious metal.

• Gold jewellery sales seen plunging 60 per cent this Diwali: experts

  Despite demand, gold jewellery sales are likely to decline by up to 60 per cent this festive season due to a stock crunch following restrictions on imports, say industry experts.

• Gold demand lacklustre; prices recover from 2-month low

  Gold demand in India, the world's biggest buyer of the metal, stayed lacklustre after last week's festivals amid high premiums, even as prices edged higher from their lowest level in two months.

• Gold imports may pick up, touch 725 tonne mark in FY14: industry body

  Gold imports in India, the world's biggest consumer of the precious metal, are expected to pick up and touch 725 tonnes this fiscal year, according to the latest report by a top industry body.

• Gold loan NBFCs' profitability to decline by nearly 0.75 per cent: Crisil

  Rating agency Crisil has said the latest set of norms by the Reserve Bank of India (RBI) on gold loan non-banking finance companies (NBFCs) would lead to a short-term fall in profits, but also to an orderly, sustainable growth of the sector in the long term.

• India poised for gold scrap supply surge as import curbs bite

  Scrap gold supply in India could race to at least 300 tonnes - topping flows seen in recent years - two major industry bodies said on Tuesday, as government moves to curb bullion imports lead to a jump in premiums on fast-shrinking supplies.

• Gold may get costlier due to RBI measures to boost exports, say experts

  Gold may get costlier after the Reserve Bank of India (RBI) made it mandatory to export 20 per cent of imports in a bid to arrest the rupee's fall and improve the countrys high current account deficit, traders and jewellers said on Monday.

• Gold traders wary of fresh deals as prices hit one-month high

  Gold imports into India fell about 81 per cent in June from the previous month after the government raised import duty and stopped consignment imports.

• Gold demand remains subdued as prices near two-week high

  The actively traded gold for August delivery on the Multi Commodity Exchange (MCX) was 0.21 per cent lower at Rs 26,620 per 10 grams, easing from the previous day's high of Rs 26,858, a level last seen on June 25.

• Gold falls to 3-week low; rupee fall cuts physical demand

  Indian gold extended losses on Friday to hit their lowest level in three weeks, but a weaker rupee limited the downside in prices, keeping away physical importers amid tight supplies.

• India's gold import to fall by 25 per cent in April: Bombay Bullion Association

  Gold imports are likely to go down by about 25 per cent this month to around 53.25 tonnes compared to the same period last year due to the declining gold prices, a bullion trade body today said.

• Sliding gold prices dampen India's firepower on imports

  Falling gold prices pose a dilemma for the government as it continues to look for ways to show in its upcoming Budget it can control a record current account deficit.

• Gold demand moderate as prices soften

  Gold demand in India, the world's biggest consumer of the metal, was moderate on Friday as the correction in prices lured some jewellers, but some investors were on the sidelines hoping for a sharp drop in future.

• India's gold imports surge 23 percent in January

  India's gold imports in January surged 23 percent from a year ago to their highest in 18 months as traders snapped up supplies ahead of a hike in duty, undermining the government's efforts to control a ballooning current account deficit.