Capitalmind
Capitalmind
Actionable insights on equities, fixed-income, macros and personal finance Start 14-Days Free Trial
Actionable investing insights Get Free Trial

35 ArticlesGold

3 / 4

When Gold Prices Fall, India Doubles Gold Imports!

I had recently mentioned that the Gold price drop would cause the Indian Current Account Deficit to narrow, and even quantified the amount: (How Much do the ...

How Much do the Crude and Gold Price Crash Help India’s Current Account Deficit?

Indian markets have rallied substantially in the face of falling crude and falling gold. This is on the assumption that India will have a much lower current ...

Raising Gold Duty Will Only Increase Gold Demand

The government has raised the Gold import duty to 6% from 4%, and pleads with people to please "moderate" their purchases of gold. This is a ...

Of Kingfisher and Mallya's Pot of Gold

There is tremendous outrage that Vijay Mallya, the flamboyant chief of the ailing Kingfisher Airlines has donated 3 kilograms of gold to a temple, while the ...

No More Gold Loans From Banks

The RBI, in the October Policy banned loans against Gold, citing that it causes speculative trading in the yellow metal. A notification has now been issued: ...

Gold is 1/4th of India's Trade Deficit

NRIs who were returning to India were allowed to bring in upto 10 kgs of Gold (on payment of customs duty) Now that limit has been cut to 1 kg, because ...

RBI: Gold Loans at 60% of Value, No Coins Please

RBI has changed the rules for the Gold Loan NBFCs. They now need to only lend upto 60% of the value of jewellery, with the change in "Loan-To-Value” ...

The Gold Standard and Deflation

Gold is increasingly viewed in two kinds of angles, by seriously literate people all over the world. 1. That there will be inflation, and thus, gold will be ...

RBI Frowns on Gold-Backed Lending by Non-Banks

RBI just hurt Gold Loan companies who had big advertisements on TV and Radio (Mannapuram, Muthoot). From Moneycontrol: The RBI is keen that banks lend more to ...

Futures and Options on GoldBEES

NSE is introducing Futures and Options on the Gold ETF – GOLDBEES – from April 30. This is quite interesting because no commodity has options on them in ...