Here’s how desperate Indian traders are for gold
Traders are paying the airfare for non-residents to bring in gold.
Latest Stories
Vale sheds more assets: No longer majority share holder of logistics company VLI
An investment fund managed by Brookfield Asset Management has purchased a quarter of Vale's stake in VLI SA for $800 million.
China stabilizing GDP growth, prioritizing reform
But exports forecasted to rise by at least 10% next year.
Germany repatriated 37 tons of gold in 2013
Final goal is to store half the national reserves of the precious metal, or about 3,400 tons, in its own vaults by 2020.
Canada’s Sherritt sells coal business for almost $1bn
The two separate buyers are US-based Westmoreland Coal and a group led by Altius Minerals.
Centerra and Kyrgyzstan reach agreement on Kumtor
Christmas miracle.
World’s No.1 aluminum producer sues LME
Rusal is challenging the LME's plans to reform how it stockpiles commodities.
Levi Spry highlights quality Australian projects that will find funding
Quality will win out, says Levi Spry, senior resources analyst at GMP Securities Australia.
Americans take advantage of low gold price to adorn themselves in jewellery
US gold jewellery industry is seeing a big spike in sales.
