Bullion News News

World Gold Council warns India against curbs on gold imports

World Gold Council warns India against curbs on gold imports

MD of the Indian operation of the industry body, said gold not at the centre of the current account deficit issue.

Sep 19, 2018, 11:32 AM IST
RBI announces new norms for exchanging mutilated currency notes

RBI announces new norms for exchanging mutilated currency notes

The RBI has tweaked norms for exchanging mutilated currency notes.

Sep 08, 2018, 22:41 PM IST
Golds slips below Rs 32,000-mark on global cues, muted demand

Golds slips below Rs 32,000-mark on global cues, muted demand

Silver followed suit and cracked below the Rs 41,000-mark by plunging Rs 650 to Rs 40,450 per kg.

Jun 11, 2018, 15:03 PM IST
Gold falls Rs 120 on weak global cues, low demand

Gold falls Rs 120 on weak global cues, low demand

Silver also dropped by Rs 150 to Rs 40,300 per kg due to reduced offtake by industrial units and coin makers.

Apr 30, 2018, 18:01 PM IST
India's gold imports shrink 40 percent to USD 2.49 billion in March

India's gold imports shrink 40 percent to USD 2.49 billion in March

India's gold imports fell 40.31 per cent to USD 2.49 billion in March, which is expected to keep a lid on the current account deficit (CAD).

Apr 13, 2018, 20:53 PM IST
Here is why gold prices will continue to rise against all odds

Here is why gold prices will continue to rise against all odds

CPM forecast net gold investment at 20.3 million ounces during 2018, a 6.6 percent rise from its 19.1 million ounces in 2017, and the highest increase since 2016 when it rose 23.9 percent to 26.1

Mar 28, 2018, 11:51 AM IST
Budget 2018: Gold, silver to become expensive

Budget 2018: Gold, silver to become expensive

The gems and jewellery industry were disappointed that there was no announcement in reduction of import duty on bullion.

Feb 01, 2018, 19:03 PM IST
Gold surges on firm global cues, jewellers' buying

Gold surges on firm global cues, jewellers' buying

Silver also gained Rs 150 to Rs 40,200 per kg, backed by increased offtake by industrial units and coin makers.

Jan 31, 2018, 17:01 PM IST
Gold price hits 14-month high, surges to Rs 31,450 per 10 gram

Gold price hits 14-month high, surges to Rs 31,450 per 10 gram

Silver regained the Rs 41,000-mark by jumping Rs 1,100 on increased offtake by industrial units and coin makers.

Jan 25, 2018, 15:09 PM IST
Gold up on local demand, global gains

Gold up on local demand, global gains

Silver followed suit and gained Rs 120 to Rs 39,800 per kg due to pick up in demand from industrial units and coin makers.

Jan 12, 2018, 15:11 PM IST

Dow hits 25,000 points for 1st time on US hiring data

US stocks have opened 2018 in full-throttle bull market mode, bidding stocks up to a succession of records following the December passage of a massive tax cut signed into law by President Donald

Jan 04, 2018, 20:41 PM IST
Gold turns weak on muted demand, silver remains up

Gold turns weak on muted demand, silver remains up

Globally, gold rose 0.05 percent to USD 1,295.30 an ounce in Singapore.

Dec 29, 2017, 17:24 PM IST
Dhanteras 2017: Here are the gold prices in major Indian cities

Dhanteras 2017: Here are the gold prices in major Indian cities

 In Delhi, the price of 22-carat gold was Rs 29,700 and that of 24-carat gold was Rs 32,400 per 10 gram.

Oct 17, 2017, 20:51 PM IST
Jewellers see no sparkle in sales this Dhanteras

Jewellers see no sparkle in sales this Dhanteras

However, organised players like P C Jewellers, Kalyan, Talwar Sons and Jewellers are expecting 10-35 per cent jump in sales, thanks to the growing trust in quality and designs of products and

Oct 17, 2017, 20:03 PM IST
Gold sales likely to revive during Diwali as KYC norms eased

Gold sales likely to revive during Diwali as KYC norms eased

Higher sales are expected on Dhanteras to be celebrated on October 17 this year. Dhanteras is considered to be an auspicious day for buying gold, silver and other valuables and is largely celebrated

Oct 08, 2017, 13:00 PM IST

New limit for reporting gold transactions soon: Govt

The government had on Friday reversed its August order of bringing gems and jewellery dealers under the purview of the reporting requirement of the Prevention of Money Laundering Act (PMLA).

Oct 08, 2017, 12:28 PM IST
Gold duty cut may become a thorny issue in India-EFTA talks

Gold duty cut may become a thorny issue in India-EFTA talks

Under a free trade pact, partners offer market access to each other by eliminating or significantly reducing duties with a view to promoting bilateral trade in goods.

Sep 29, 2017, 18:17 PM IST
GST rate of 3% on gold too low: Economic Survey

GST rate of 3% on gold too low: Economic Survey

The Survey said that the GST Council will have to take up these issues in the coming months.

Aug 12, 2017, 16:39 PM IST
Gold ETFs see Rs 250 crore outflow in April-July FY18

Gold ETFs see Rs 250 crore outflow in April-July FY18

The outflow meant assets under management (AUM) of gold funds plunged to Rs 5,098 crore at July-end from Rs 5,480 crore at the end of March.

Aug 06, 2017, 17:23 PM IST
Silver prices climbed Rs 100 to Rs 39,250 per kg; gold steady

Silver prices climbed Rs 100 to Rs 39,250 per kg; gold steady

Silver prices climbed Rs 100 to Rs 39,250 per kg at the bullion market on Saturday, tracking a firm trend overseas and increased offtake by consuming industries.

Jul 29, 2017, 16:46 PM IST

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