After 4% surge on Monday, benchmark prices resume slide.
Pitru Paksha is upon us, a time when it is considered bad form to make deals of any sort. But times are changing.
But domestic premiums of just $5 an ounce show demand is not as frenzied as last year when gold traders demanded as much as $170 above London price.
It won't announce its verdict on the matter until an unspecified later date.
But investors hoping the festive season in the world's second-largest gold buyer will boost the metal’s ailing price are likely to be disappointed, analysts say.
Reviving the China-India ore trade which peaked at 120mtpa in 2009 could be part of a grand bargain when Modi and Xi meet for the first time in New Delhi.
The country lifted a long-standing ban on selling uranium to energy-starved India in 2012 and both have been negotiating a nuclear safeguards agreement since then.
Historically holding gold going into September reaps investors a more than 3% return.
They barely have enough to last a week, the lowest level since one of the world's worst blackouts hit the country in 2012.
One year after Vladislav Baumgertner blasted the global potash market wide open, the now ex-Uralkali CEO's predictions seem to be playing itself out.
The country’s top court will decide on whether to revoke those permits in a series of hearings starting September 1.
And that's only during the construction phase.
Diamonds coming to earth's surface are billions of years old.
This is one of the greatest wealth transfers in history.
Chief Executive Officer Andrew Mackenzie said the project ramains in BHP's main plans, but added the firm is not in a rush to develop it.
Who stands to capture the graphite market?
Adani now only needs to get the federal government green light on the same railway to have all required permits in place.
Q2 study shows decline in global gold demand, but US and UK jewelry buying surges and central banks add to holdings for a 14th straight quarter.
He had the expensive outfit made for his 45th birthday.
The country now accounts for 42% of Swiss exports of both precious metals.
800m tonnes going into Asian markets that the big four can't displace says 10m tonne per year Pilbara producer Atlas Iron.
The U.S. second largest coal producer blamed weak market conditions and increased government regulation for the decision.
No signs of production slowdown in major coal-exporting countries.
The White House document concludes that the cost of mitigating the effects of climate change could rise by as much as 40%.
The controversial US$15bn Carmichael Coal Mine and Rail Project is being developed by Indian conglomerate Adani Group.
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