Edition:
United Kingdom

Arpan Varghese

Imperial shuts Kearl oil sands output after pipeline spill

02 Sep 2020

Imperial Oil Ltd on Wednesday said it had shut all production at its 220,000 barrel-per-day (bpd) Kearl oil sands site in Canada due to an outage of part of the Polaris diluent pipeline following a leak. Timing to restart production is unknown, the company said in a release. Imperial is majority owned by U.S. major Exxon Mobil Corp.

Empty jewellery shops plague India market as Dubai exports arrive

21 Aug 2020

MUMBAI/BENGALURU Physical gold dealers in India this week offered the highest discounts in more than one and a half months, as buyers stayed away even as more bullion flowed in from the United Arab Emirates.

Asia Gold-Empty jewellery shops plague India market as Dubai exports arrive

21 Aug 2020

MUMBAI/BENGALURU, Aug 21 Physical gold dealers in India this week offered the highest discounts in more than one and a half months, as buyers stayed away even as more bullion flowed in from the United Arab Emirates.

Dwindling gold demand pushes Chinese discounts to record high

14 Aug 2020

BENGALURU/MUMBAI Chinese discounts for physical gold scaled yet another record peak versus global spot rates this week as the COVID-19 pandemic continued to choke retail appetite, with even a price dip failing to lure consumers in India.

Asia Gold-Dwindling demand pushes Chinese discounts to record high

14 Aug 2020

BENGALURU/MUMBAI, Aug 14 Chinese discounts for physical gold scaled yet another record peak versus global spot rates this week as the COVID-19 pandemic continued to choke retail appetite, with even a price dip failing to lure consumers in India.

Chinese discounts hit record as pandemic hammers physical demand

31 Jul 2020

BENGALURU/MUMBAI Chinese gold dealers were forced to offer the steepest-ever discounts this week as physical demand plunged, while the Indian market flipped to a premium again.

UPDATE 1-Asia Gold-Chinese discounts hit record as pandemic hammers physical demand

31 Jul 2020

* Solid interest for silver in Singapore - dealer (Adds graphic)

Asia Gold-Chinese discounts hit record as pandemic hammers physical demand

31 Jul 2020

BENGALURU/MUMBAI, July 31 Chinese gold dealers were forced to offer the steepest-ever discounts this week as physical demand plunged, while the Indian market flipped to a premium again.

Gold eyes $2,000 mark in speedy record-breaking run

28 Jul 2020

LONDON/BENGALURU Gold's record rally is moving tantalisingly close to the psychologically key $2,000 level, powered by investors seeking cover from COVID-19's global economic toll, as reflected in dollar weakness, faltering stocks and U.S.-China trade tensions.

India, China retail gold markets reel from pandemic pain

17 Jul 2020

BENGALURU/MUMBAI Physical bullion remained out of favour this week among consumers in top hubs China and India in the grip of the coronavirus, while investors in Singapore and Japan bought gold and silver to safely park their wealth.

World News