Commodity Trade Mantra

Posts Tagged ‘Gold Import Curbs’

Cracks in the Bearish Sentiments Towards Gold

We are beginning to see cracks in the overall bearish sentiments towards gold expressed by most bank analysts earlier this year, but some still remain unmoved by the recent positive gold price performance. How long they continue to do so if gold maintains its recovery, remains to be seen.

Gold Prices Surge On Speculation India May Ease Gold Import Curbs

Gold prices shot up near a six-week high, set for the longest weekly rally since September 2012, based on speculation that India may lower gold import curbs, which may in turn help the the jewelry industry which has shrunk under the curbs while gold smuggling is rising.

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