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  • Welcome to Bombay Bullion Association

    The Bombay Bullion Association Ltd. was established in September 1948, because the then prevailing circumstances in the market warranted an association with multi-faceted approach, which the association is fulfilling and currently has projections which stretch far beyond the visions of its original conception. As envisaged the Bombay Bullion Association ltd has proved to be an unbiased platform & has been acceptable to all the precious metal trading community in general.

    BBA News

    Industry news

    Gold prices fall 1.5 percent in India, near one-month low

    RBI can buy $9 billion more forex from market

    Gold Futures longest dip

    Gold tallies a loss of 6% in six sessions

    Gold Prices slide and stocks rally

    Govt and RBI havet got it all wrong

    Gold flat in Asia post losses

    New Circular on Import of Gold by Nominated Banks

    WGC India tie-up with offer

    Thailand to crack down on rerouting of gold to India

    Gold and Platinum top choices this Akshaya Tritiya

    Gold ticks lower as equities gain, ETFs plunge

    Gold trades at Rs 20,640 for a sovereign

    Silver futures decline to Rs 45,575 per kg

    Gold holds at 2 week High

    Investment Thought

    Could gold break $1525 this week

    Curb Bank funds to help Grey Market Jewellers

    RBI New Guidlines

    Gold rebounds

    Gold remains at 1 week high

    Weak price to increase gold demand in India

    Swiss to hold onto gold rush

    Indians make the best of Gold nose dive...

    Govt says deficit to reduce to half in 2 years

    Central banks suffer $560bn gold loss

    Puneites make a beeline for jewellery stores as gold prices nosedive

    Jewelry shops close as gold plunges

    Govt reduces tariff value of gold, silver

    Gold dips below 26k on global cues

    Biggest Fall in 30 years

    Gold's weakness due to rise of dollar after economic crisis in Europe

    Sell MCX Gold June fut; target Rs 25549-25369: Fortune Fin

    India's gold import to fall by 25% in April

    Cut in gold production seen if price dip sub $1250/oz: UBS

    Gold futures rebounds

    Gold lowest since Feb

    Gold Slips

    Weekly Gold Review: Poor Non Farm Leads To Radical Gains

    Profit booking may continue in Gold, Silver: Nirmal Bang

    Gold On Recovery Trail, Settlement Rules Activity

    Should you bet on gold loan companies?

    Gold Declines in Worst Run Since 2001 as Economic Concerns Ease

    Gold below $1,600, falls nearly 5% in quarter

    Gold Price defies firm Dollar

    Gold likely to remain range bound

    Silver futures dip 0.2% to Rs 55,080 per kg

    Gold Likely to go up today:Emkay

    Gold likely to rule in ranges as Euro zone fears lurk

    Buy gold, silver on dips for today: Nirmal Bang

    PRECIOUS-Gold edges up, after hitting 1-week low on Cyprus deal

    Gold imports likely to be high this year

    Gold futures slip on profit-booking

    India's love for gold distorting trade balance

    Gold price gains on global trend, silver retraces 55K

    Gold climbs 0.5 percent

    Gold extends gains to $1,611

    High CAD: Gold is not the villain, says Andy Mukherjee....

    KYC Norms for Jewellers withdrawn under Anti Money Laundering Act......Read more

    Gold prices linger around $1,590, heads for 2nd weekly gain

    Gold price lingers around $1,590/oz, US job data weighs

    Central banks seen buying more gold ...

    Gold up by Rs 125 to regain Rs 30,000 level on firm global trend

    Gold price holds below $1,590 after upbeat US data

    Gold slides on optimism of US economic improvement

    Gold: The best possible liquid investment, finds RB

    Gold Extends Gains Towards $1600

    Gold prices hold near two-week high on euro zone concerns

    Gold price up by Rs 35 on sustained buying, global cues

    Striking gold

    Gold takes a hit as risk appetite rises

    MARK TO MARKET

    Gold loses haven appeal; prices edge down

    Golden run

    gustav klimt

    Kamzor mang se sone aur chandi mein giravat

    ICICI Bank to auction 25 kg of pledged gold

    NEWS TRACK

    Indian gold demand to face a difficult year ahead

    Videsh mein narmi se sona fisla, Chandi chamki

    Sone ke mulay mein halki giravat

    Jewellers Now Push Handcrafted Pieces to Hook Weary Customers

    Gold Snaps Four-day Fall on Prospects of Further Easing

    A glitter that blinds and binds...

    Gold sale in Gulf to rise

    Gold to test supports, rise

    GOLD's LOSING STREAK LONGEST IN 16 YEARS

    Gold underperforms equities during periods of growth

    What should be your fixed income strategy?

    Will inflation indexed bonds be a better bet than gold?

    More gold for NRIs

    Sona-Chandi va basemattels aye CTT ki chapet mein

    Inflation-index bonds to woo gold investors

    Not a shining story

    BONDS TO HEDGE INFLATION

    PAY MORE FOR PORSCHE RIDES, PUFFS & PHONES

    Inflation-index bonds to woo gold investors

    Low Demand Robs Gold of its Sheen

    Stocks

    Investment options needed to slow down the gold rush

    Govt needs to curb oil, gold imports to fix CAD worry

    Curb price rise to cut gold import

    Jewellery stocks slip as Survey bats for sapping gold demand

    Gold Set to Dip Further as Investment Demand Falls

    Gold ayat par ankush ki waqalat

    A Halo for Gold Loan NBFCs

    Gold mining cos come clean on costs to win investors back

    Sone ayat par sakhti barte sarkar

    Gold sales curbs a must Survey

    Strict meansures needed to contain gold imports

    Sone-chandi mulay mein phir uchhal

    Goldman feels slleen's off gold as ETP holdings fall

    The Gold rush

    Sona 30 hazar se niche chandi mein tez giravat

    Declining trend gold futures may help lower imports

    Hedge Funds Cut Gold Bets by Most Since 2007

    Sliding gold prices dampen India's firepower on imports

    Indians use gold to detect arsenic

    Gold futures to test support levels

    Signals point to last lap of commodities boom

    Russia, Turkey beef up gold holdings in January

    Married to the gold-buying culture

    Kharidari badane se Sona aur Chandi ki badi chamak

    Betting on gold might not be rewarding in 2013

    Gold pares gains, stays on track for 2nd weekly loss

    De Beers sees solitaires as an emerging trend

    Crude, gold edge up on hope Fed will retain stimuli

    Rules for measuririg weight apply to gold-loan firms too

    Married to the gold-buying culture

    Sone ka bhaav ghatkar 30 hazar rupay se niche

    Will Gold Correct Further?

    American ahat se sone-chandi mein giravat

    Gold plunges to 7-month low

    Significant reduction in current account deficit will be difficult

    Sona 7 mahine baad 30 hazar se niche

    THE DECK OF ALTERNATIVES

    Traders rush to buy gold on fear of more curbs in budget

    Gold springs a surprise, demand falls 12% in 2012

    Uncertainty over pick-up in jewellery demand

    Gold imports down 9% as Govt curbs shipments

    Ancient copper plates, gold coins found in Karnataka temple

    India freezes gold jewellery imports from Thailand

    Sona va Chandi ke daam aur gire

    Traders rush to buy gold on fear of more curbs in budget

    No Gold Jewellery Imports From Thailand

    Thailand mein jewellery import par pabandi

    Govt to ban gold imports from Thailand

    Curb on import of gold from Thailand

    India Suspends Jewellery Imports from Thailand

    Learning the Basics

    FUND ANATOMY

    Sone aur chandi mein narmi

    MMTC sees more gold import curbs: official

    Sliree Ganesh to invest Rs.550 cr to start gold mining in Ghana

    Gold holdings shrink most in seven months

    Bullish Bets Fall Most Since Nov as Growth Signs Dull Gold Appeal

    Disquieting imbalance

    Retail consumers drive gold demand in India

    Royal Mint to restart Indian production

    Sone ke ayat shulk aur badane ki sambhavna

    Sebi might make SME listings easier

    Both ETFs and gold funds try to mirror the price of gold

    The Shining Truth: Gold Price isn't Made in India

    Disquieting imbalance

    India may curb gold imports to tame account deficit

    Comex gold futures may fall further

    How much to Invest in Gold

    Gold is Good Money

    Gold slips down

    Gold may get attractive on US recovery

    'Gems& jewellery firms seek to take their brands abroad

    Gold, silver lose sheen; base metals await China's return to market

    Gold Plunges to the Lowest in Six Months But You Still Cannot Buy

    January Gold Imports surge 23%

    Gold imports in January surge 23%

    Regulator Allows Mutual Funds to Lend Idle Gold

    Gold hits 5-month low as George Soros, Louis Bacon cut holdings

    India's gold demand surges by 41 % in Q4 of 2012: WGC

    Sebi Allows MFs to Lend Idle Gold

    Gold council sees import duty hike stifling demand

    Gold craze going down?

    Gold ETFs allowed to invest in Gold Deposit Schemes

    Billionaires Soros, Bacon cut exposure to gold on decline....

    Sebi extends pre-open call auction to all scrips

    Gold body, govt offer different gold import figures

    Gold consumption surges but demand falls in '12, says WGC

    Despite higher price, gold demand jumps 41% in Q4

    Kamzor mang se chandi 1000 rupay giri

    Govt Curbs may Not be Enough to Bring Down Gold Import

    Sarakr ki kadayi se sone ki mang 12% ghatkar 864 ton

    Gold demand, imports jump in Q4

    Demand for gold in India down 12 per cent in 2012

    7 saal tak jama kar sakenge Sona

    Govt Curbs May Not Take Sheen Off Gold This Year

    Global gold demand falls for first time in 3 years: WGC

    Gold demand imports jump in Q4

    2012 mein 12% ghati Bharat mein sone ki mang

    Mr. Marcus Grubb - MD Inv. World Gold Council

    Gold consumption surges but demand falls in '12, says WGC

    Gold demand surges 41% in Dec quarter

    Higher import duty dents gold demand by 12 per cent in 2012

    Gold could touch dollar 2000/oz if stimulus policies continue

    Investment in gold and silver

    BIG HEADACHE FOR FINMIN

    Import duty on gold to curb all time high current account deficit

    Platinum's premium to gold widens to 17-month high

    Vishv bazar mein platinume va pailadiume uchch star par

    It 'Takes Money To Make Money

    Sone ka bhav 31 hajar se neeche

    Bikwani se sona 31 hajar ke neeche

    THE GLOBAL RISK

    Gold dealers rush to set up refineries

    Russia could overtake Australia, China and US in g - 02/13/2013

    India- Gold dealers rush to set up refineries

    India- Gems, jewellery exports may decline 14% in 2012 - 13

    NEWS IN MUMBAI

    Mushkil hoga sone ka ayaat par ankush lagana

    Putin turns black gold to bullion as Russia outbuys world

    Videsh mein kamzori ke bich sona tuta

    Gold falls to 1-mth low, Tokyo pulls back from rec - 02/12/2013

    Russia, China, Germany Make Bold Gold Moves - 02/12/2013

    Gold rules in ranges; sentiment weak

    Sone va chandi mein badat zari

    Gold gains on sustained buying

    Sona sudhra, Chandi mein 200 rupay ki giravat

    CELEBRATE THE DAY OF LOVE IN TRUE SYTLE

    Gold prices likely to advance

    Co-op banks told not to give loans for gold purchase

    Putin Turns Black Gold Into Bullion as Russia Out- - 02/11/2013

    Gold prices in correction mode - 02/11/2013

    Platinum shines over gold on investor demand - 02/11/2013

    Jewellers upbeat, target 20-45 age group too

    World Gold Council gets new India Managing Director

    Ayat shulk badane ke khilaf hai jewellery karobari

    Jewellery scheme ki jagah ETFya gold funds ko de tarjeeh

    Manappuram Finance net falls 48% in third quarter as yields drop

    Make 1% tax at source mandatory on purchase of bul - 02/08/2013

    Gold firms in volatile post-ECB trade

    Govt raises customs duty on gold

    Benign inflation key to curbing gold demand

    World Gold Council's new MD

    Gold News Hindi Paper

    Somasundaram is MD of WGC India

    Gold ayat par sakhti

    Permit banks to buy back gold coins from public: RBI report

    Reduce dependence on banks, panel tells gold loan firms

    China Largest Gold Producer ....

    Limit gold imports by banks, MMTC and STC- RBI pan

    As Central Banks continue to debase their respecti - 02/06/2013

    As Central Banks continue to debase their respective currencies, owning gold is essential.

    Upside fundamentals for gold still intact

    Indian gold buyers wait for below support price levels

    Quantitative easing does little to boost gold prices

    Commodity markets at crossroads; demand for gold wanes

    CAD-strapped India seeks to raise duty on Thai gold imports

    Duty badne ke baad sone ka ayat fika pada

    ALL SET TO LOSE SOME GLITTER

    Asia Gold: India buying evaporates due to tax hike, firm prices

    Standard Bank Says Physical Gold Purchases Unusually High

    India And Vietnam Are Trying To Get Their People Off Gold

    Gold stalls- as US debt talks make progress

    Gold imports decline following duty hike

    Sona aur chandi mazboot

    Restrictive policy on gold to defreeze stock

    Goldman sees US gold prices rising due to debt ceiling

    The journey of a jeweller who made a glittering mark

    Gold stalls as US debt talks make progress

    Gold buying evaporates due to import duty hike

    Gold price up on seasonal demand

    Unchaining the golden bond

    YELLOW METAL RISES AHEAD OF DEBT CEILING VOTE

    Sona Chandi mein ayi tezi

    Gold stalls as US debt talks make progress

    Gold buying evaporates due to import duty hike

    No tangible gains here

    Sone ke biscuit padenge mehange

    Gold ETFs may be allowed to park 20% holding with banks

    Sone mein tezi chandi sust

    Ayat shulk se ghategi sone ki mang

    Indian jeweller becomes billionaire as gold surges

    Sone jaisa return dene wale nivesh instruments laye

    Indian jeweller becomes billionaire as gold surges

    BLING corner

    Kerala Jeweller Becomes Billionaire as Gold Surges

    Unchaining the golden bond

    Gold imports may drop 5-10%, but duly hike can't be the solution

    Import duty on raw gold more than doubled

    Gold jewellery, bar prices set to go up

    Gold import duty raised to 6% to curb rising demand

    Sone ke ayat mein a sakti hai 15% kami

    Economy ke liye sankat bana sona

    Sona huya aur mehanga

    Govt hikes duty to 6% to curb gold imports

    Gold gets the duty to cut the import bill

    Mineral Production November 2012

    Ayat shulk badane se mehanga huya sona

    Gold price may hike

    Govt Hikes Import Duty On Gold, Platinum To 6%

    Gold platinum to cost more as govt hikes duty by 2%

    Govt raises gold import duty by 50 pc; prices shoot up

    Import duty on gold, platinum hiked to 6 pc; prices go up

    Gold import tax raised; move unlikely to deter buyers

    Sone chandi mein tezi

    Sona va Platinum huya aur mehanga

    Import duty on gold up 2%, ETFs to be freed

    Gold gets costlier

    Govt hikes duty to 6% to curb gold imports

    Sona aur mehanga

    Govt hikes import duty on gold again to curb demand

    Sone par shulk ki maar

    Govt hikes import duty on gold, platinum to 6%

    Uncertainty over demand may affect jewellery stocks

    Tanishq launches diamonds for teens, working women

    Govt raises Customs duty on gold by 2 percentage points

    Duty hike unlikely to tame imports, say jewellers

    Gold ETF holders likely to benefit

    Uncertainty over demand may affect jewellery stocks

    Indian jewellery trade going through a transition phase, survival tough for small jewelers

    Dear Friends,

    The Reserve Bank of India (RBI) has recently issued circular RBI/2012-2013/499 dated 13 May 2013, regarding restriction of gold on consignment basis by banks for the domestic market use. The new circular says the banks are now allowed to import gold on consignment basis only to meet the needs of exporters of Gold Jewellery.

    Gold imported by nominated banks on consignment basis was not funded by the banks and hence there was no level playing field between gold importers and other importers.

    With the reduction of the price of Gold in the month of April 2013 the gold import has gone up by 138% in comparison to April 2012. The Government is unable to control the current account deficit due to high import of Gold in April 2013. Probably the latest circular dated 13th May 2013 will take care of import of gold as well as current Account Deficit!

    Regards,

    Mohit Kamboj
    President
    BBA

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