“The banks are positioned for a huge move higher in gold and a sell-off in the dollar. The only question is timing. The commercial category of the COT Report (banks + producers/merchants/processors/users). It says it is net long silver futures for the first time in at least 25 years. In […]
Tag: India
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With A Cutback On Gold Imports – What Does The Future Hold For India?
A Decade Ago Over the past decade, investors have been backing physical gold as a wise investment to a client’s portfolio. Now there seems to be an unnerving rumble, worldwide, that India is changing its rules and regulations on the import of this precious metal. The domestic gold market of […]
Gold in India
Nigam Arora, chief investment officer of the Arora Report, would argue the current rumours surrounding India are the true reason for the recent fall in gold prices. Arora told Kitco News “The Indian Bullion & Jewellers Association has informed its members that they are hearing from certain circles of a […]