Gold price events timeline, 2013

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Categories: Supply and demand, Investment

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  • Date
    Event
    Related documents
  • Q1, 2013
  • 1
    21st Jan21st January
    Indian import duty on gold raised from 4% to 6%
  • 2
    MarchMarch
    Net exports from HK to China hit a record 130t
  • Q2, 2013
  • 3
    30th Apr30th April
    American Eagle Bullion sales peak at 209,500 oz
  • 4
    5th Jun5th June
    Indian import duty raised on gold from 6% to 8%
  • Q3, 2013
  • 5
    JulyJuly
    Gold premiums on the Shanghai Gold Exchange average US$33/oz.
  • 6
    13th Aug13th August
    Indian import duty on gold raised from 8% to 10%
  • 7
    14th Aug14th August
    Reserve Bank of India introduces 80:20 import/export ratio for gold
  • Q4, 2013
  • 8
    1st Oct1st October
    Shutdown of US government begins as budget fails to be agreed
  • 9
    17th Oct17th October
    US Senate passes deal to avoid technical default and reopen US government
  • 10
    13th Nov13th November
    ECB reduces interest rates to 0.25%
  • 11
    18th Dec18th December
    Fed announces tapering of QE to $75bn to commence in January