Gold Imports by India Are Said to Slump Before Key Day for Sales

by
Spot Gold

Gold Silver Reports (GSR) – Gold Imports by India Are Said to Slump Before Key Day for Sales — Shipments plunged 47 percent to 64.2 metric tons in March from 121 tons a year earlier, the person said, asking not to be identified as the figures aren’t public. Imports in the first three months totaled 159 tons, down 42 percent from a year ago. Finance Ministry spokesman D.S. Malik didn’t answer a call to his mobile phone.                                                     

Read More →

Thieves Take 12 Kilogram of Gold From South African Mine

by

Gold Silver Reports (GSR) – Thieves Take 12 Kilogram of Gold From South African Mine – The robbers accessed “heavily guarded” gold storage facilities in a significant security breach at the mine, situated in South Africa’s North West province, she said. The incident is being investigated.                          

Read More →

Deutsche Bank Taps the Brakes on Its Global Ambitions

by

Gold Silver Reports (GSR) – Deutsche Bank Taps the Brakes on Its Global Ambitions – It’s been reorganized and recapitalized, refocused and rebooted. For the better part of a decade, Deutsche Bank AG has been trying to retool itself for a tamer era of more regulation and less risk-taking. Now, as Germany’s biggest lender installs yet another chief executive officer, it’s facing the same old existential question: Should it focus more on rebuilding its domestic banking franchises, rather than continue trying to be Europe’s world-beating answer to Goldman Sachs Group Inc.?                        

Read More →