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Investment banks, rating agencies lower gold outlook after dropping over 25% since Jan 29 01
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Gold: India swings to premium on price retreat; China demand muted
03
Gold heads for fourth weekly loss on hawkish Fed bets
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Silver sheds all gains made this year as precious metals in India toe global trend

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Investment banks, rating agencies lower gold outlook after dropping over 25% since Jan 29
Gold: India swings to premium on price retreat; China demand muted
Gold heads for fourth weekly loss on hawkish Fed bets
Silver sheds all gains made this year as precious metals in India toe global trend

Investment banks, rating agencies lower gold outlook after dropping over 25% since Jan 29

With gold hovering around $4,000 an ounce levels and its near-term environment challenging, the precious metal’s price outlook has been lowered by investment banks and rating agencies. “While we remain constructive on gold over the medium term, the near-term environment has become more challenging. As a result, we are lowering our gold price forecasts,” said…

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ED flags irregularities in Rajesh Exports FEMA compliance and foreign transactions probe

The probe further highlighted unusually low remuneration to top executives despite high revenues, and a reported 40% mismatch in stock records during physical verification. The Enforcement Directorate on Wednesday alleged that gold refining and jewellery manufacturing company Rajesh Exports’ key business indicators showed “significant” departures from normal commercial practices, in addition to the non-availability of…

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Andhra Pradesh CM Naidu inaugurates India’s first private gold mine in Jonnagiri

Andhra Pradesh Chief Minister N Chandrababu Naidu Andhra Pradesh Chief Minister N Chandrababu Naidu on Wednesday inaugurated the country’s first private gold mine and gold processing unit, set up by Geomysore Services at Jonnagiri in Kurnool district. Addressing the gathering, Naidu said Geomysore Services had invested ₹405 crore in the project. The unit is expected…

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