Thursday, February 12, 2015

Today's Gold Rate and Silver Rate - 13th February 2015 am

In INR terms

#goldrate #silverrate #gold #jewelry


  



India's gold demand slips 14% as Government restricts imports


Gold demand inGold demand in India declined 14% to 842.7 tonnes in 2014 as compared to the previous year, mainly due to government policies putting restrictions on imports, according to the World Gold Council (WGC).


 


Gold demand in India declined 14% to 842.7 tonnes in 2014 as compared to the previous year, mainly due to government policies putting restrictions on imports, according to the World Gold Council (WGC).


 



 India declined 14% to 842.7 tonnes in 2014 as compared to the previous year, mainly due to government policies putting restrictions on imports, according to the World Gold Council (WGC).


 

  



Central Banks Are Boosting Their Gold Reserves


 


Central banks have added to gold reserves for the past five years, a reversal from two decades of selling since the late 1980s. Purchases will be at least 400 tons this year, according to estimates from the London-based council, which represents 17 gold producers. Total demand for gold fell last year as Chinese consumers bought less jewelry, bars and coins.