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Jewellers divided on calling off strike; Delhi shops still shut Jewellers divided on calling off strike; Delhi shops still shut

A section of jewellers and bullion traders continued their strike for the 20th day here Monday, demanding rollback of the proposed 1 percent excise duty on non-silver jewellery, even as major associations called off the stir after meeting Finance Minister Arun Jaitley.

Gold eases, but underpinned by weaker dollar Gold eases, but underpinned by weaker dollar

Spot gold eased on Monday, but found support from a weaker dollar as US and European central bank rhetoric turns more dovish, investors will search for further hints of easing in a week with few data releases to indicate whether years of loose monetary policy are having any material effect.

 Jewellers end 18-day strike, government assures no harassment by excise department Jewellers end 18-day strike, government assures no harassment by excise department

After continuing for 18 days, jewellers have finally called off their strike after the government assured them they will not be harasssed by the excise department in collecting a new tax

Won't call off strike, but ready for alternate tax: Jewellers Won't call off strike, but ready for alternate tax: Jewellers

Gold traders and jewellers, whose pan-India strike continued for the 17th day on Friday, said they would not call off their indefinite strike till the government rolls back one per cent excise duty, but expressed willingness to pay tax in some other form. 

Third tranche of gold  bond scheme subscribed for only 1,128 kg Third tranche of gold bond scheme subscribed for only 1,128 kg

In comparison to the second tranche, the third tranche of sovereign gold bond (SGB) scheme has received a very silent response

Artisans, job workers exempt from 1% excise on jewellery: Finance Ministry Artisans, job workers exempt from 1% excise on jewellery: Finance Ministry

In a bid to calm the frayed nerves of jewellers agitating against imposition of 1 percent excise duty, the finance ministry today said artisans and job workers will not have to pay this levy.

Siddhivinayak temple in Mumbai to mobilise gold as India scrambles to cut imports Siddhivinayak temple in Mumbai to mobilise gold as India scrambles to cut imports

The 200-year-old Shree Siddhivinayak temple in Mumbai has said it will deposit a portion of its gold hoard with a bank by the end of the month for recycling, responding to a government campaign to monetise some of the country`s thousands of tonnes of privately owned stocks of gold and cut costly imports

No breakthrough for jewellers; strike clings to day 17 No breakthrough for jewellers; strike clings to day 17

Gold traders and jewellers continued their strike for the 17th day on Friday, in protest against the proposed one per cent excise duty on non-silver jewellery.

Gold set for weekly gain as Fed stance keeps dollar under pressure Gold set for weekly gain as Fed stance keeps dollar under pressure

Gold edged up on Friday with the market on track to end the week on a firmer note as the dollar hovered near its lowest in five months, pressured by the Federal Reserve`s plan to make fewer-than-expected interest rate hikes

Jewellers protest excise duty, shops shut for 15th day Jewellers protest excise duty, shops shut for 15th day

Gold and jewellery establishments across the country remained closed for the 15th day today as traders are protesting the Budget proposal to levy 1 percent excise duty on non-silver jewellery

Gold, silver drop on reduced demand, global cues Gold, silver drop on reduced demand, global cues

Standard gold (99.5 purity) dipped by Rs 320 to end at Rs 28,765 per 10 grams from Monday's level of Rs 29,085.

 

Jewellers strike enters 13th day against excise duty Jewellers strike enters 13th day against excise duty

Jewellers have been on a strike since March 2 protesting against the proposed excise duty imposition on non-silver jewellery items.

Will take up excise duty issue with PM: Union Minister to jewellers Will take up excise duty issue with PM: Union Minister to jewellers

Gujarat MP and Union Minister Mohan Kundariya today said he will take up with Prime Minister Narendra Modi the excise duty issue raised by striking jewellers in an effort to resolve the matter.

Jewellers strike enters 11th day over excise duty Jewellers strike enters 11th day over excise duty

The strike by jewellers and bullion traders continued for a 11th straight day Saturday demanding withdrawal of the proposed excise duty on non-silver jewellery items.

Cut in gold imports to keep current account deficit under control Cut in gold imports to keep current account deficit under control

Gold traders all over the country may be on strike against imposition of 1 percent excise duty in the recently tabled budget, the government is not stressed big time as the protest is helping it to observe a sharp cut in imports of the yellow metal in March from a year earlier

Gold price cracks below Rs 29,000-mark on investors selling Gold price cracks below Rs 29,000-mark on investors selling

Gold prices drifted further to close below the significant milestone mark of Rs 29,000 as intense selling continued for a second straight day at the domestic bullion market here Thursday.

Bullion strike spills onto Day 9 as jewellers press demand Bullion strike spills onto Day 9 as jewellers press demand

Jewellers across the country have been in protest mode since March 2 against the proposed levy on non-silver jewellery items announced in the Budget 2016-17 and mandatory quoting of PAN by customers for transactions of Rs 2 lakh and above.

 

Bullion traders refuse to budge, shut shop for 8th day Bullion traders refuse to budge, shut shop for 8th day

Gold and jewellery establishments in many parts of the country remained closed for the 8th day Wednesday as traders continue their protest against the budgetary proposal to levy 1 percent excise duty on non-silver jewellery.

 

Gold price soars to 22-month high on heavy buying; global buoyancy Gold price soars to 22-month high on heavy buying; global buoyancy

Standard gold (99.5 purity) rose by Rs 270 to finish at Rs 29,580 per 10 grams from last Friday's closing value of Rs 29,300 - its strongest close since May 12, 2014.

Gold glitters again, reclaims Rs 30,000 per 10 grams level Gold glitters again, reclaims Rs 30,000 per 10 grams level

Gold prices reclaimed Rs 30,000-level in futures trade Tuesday as speculators widened their bets taking positive cues from the global market.