Monthly Archives: December 2014

India Drops 80:20 Gold Bullion Import Rule

In a surprise move, the Indian government has eased import restrictions on gold, removing the nation's 80:20 rule. Introduced last year, the mandate required bullion importers to set aside at least one-fifth of the gold brought into the country so that it can be used for future export purposes. The...

‘No’ Vote Prevails in Swiss Referendum

Advocates of the Save our Swiss Gold campaign were left disappointed on Sunday (November 30), as the referendum returned a 'no' verdict. Over three-quarters (77 per cent) of voters rejected plans that would have resulted in Switzerland moving to a de-facto gold standard. Under a 'yes' result, the Swiss government...

5 Reasons to be Optimistic About Gold

Gold's performance stabilised this year, following the commodity's 30 per cent value slump in 2013. However, the precious metal remains sluggish, with current prices slipping under the US$1,200 mark in November. However, there are still plenty of reasons to be optimistic regarding gold's prospects in the months ahead, as a number of...

Financial Expert Predicts Huge Upswings in Gold

The value of gold is likely to experience a substantial correction in the near future, resulting in massive gains for precious metal investors, according to one industry specialist. Asset management expert John Embry claimed gold prices are being artificially suppressed, but this can only continue for so long, particularly as...

India Set to Launch Gold Policy Centre

Gold's influence on Indian markets could be set to rise, following the announcement of a new facility focused on researching the precious metal. The World Gold Council (WGC) and the Indian Institute of Management, Ahmedabad (IIMA) recently joined forces to launch the India Gold Policy Centre, which will explore all...

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