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Gold imports should be for actual usage, not trading: Sharma Gold imports should be for actual usage, not trading: Sharma
Expressing concern over rising gold imports, Commerce and Industry Minister Anand Sharma Monday advocated that import of the precious metal should be only for actual usage and not for trading purposes.
Govt may take more steps to curb gold import: FinMin Govt may take more steps to curb gold import: FinMin
The Finance Ministry Monday said the government could take more steps to reduce gold imports, which may include banning sale of the yellow metal by banks.
Gold price up by Rs 75, silver by 380 on firm global cues Gold price up by Rs 75, silver by 380 on firm global cues
While gold added Rs 75 to Rs 27,425 per 10 grams, silver rose by Rs 380 to Rs 44,500 per kg on fresh buying by industrial units and coin makers.
Govt hikes import tariff value of gold to $459/10 grams Govt hikes import tariff value of gold to $459/10 grams
Tariff value is the base price on which the customs duty is determined to prevent under-invoicing.
Gold posts weekly gain of Rs 300 per ten grams Gold posts weekly gain of Rs 300 per ten grams
Gold of 99.9 percent purity commenced higher and scaled to Rs 27,790 before ending at Rs 27,350 per 10 grams, still showing a gain of Rs 300.
Gold sinks below Rs 27K-mark on stockist selling, global cues Gold sinks below Rs 27K-mark on stockist selling, global cues
Gold prices tumbled below the psychologically important Rs 27,000 per 10 gm mark at the domestic bullion market Saturday amid profit by stockists and global cues.
Gold price plunges Rs 440 to Rs 27,350; silver drops Rs 980 Gold price plunges Rs 440 to Rs 27,350; silver drops Rs 980
While gold plunged by 440 to Rs 27,350 per 10 grams, silver dropped by Rs 980 to Rs 44,140 per kg on lack of buying by industrial units and coin makers.
Gold price today: Latest updates Gold price today: Latest updates
Gold prices declined further by Rs 79 to Rs 26,795 per ten grams on Saturday against their previous close of Rs 26,897.
Gold may cheaper by Rs 2,000 in medium term: Report Gold may cheaper by Rs 2,000 in medium term: Report
The report, however, said that gold is unlikely to fall below Rs 25,000 per 10 grams due to a strong buying support at that level and a weak rupee against the US dollar.
Gold price zooms further by Rs 310 to Rs 27,790 per ten grams Gold price zooms further by Rs 310 to Rs 27,790 per ten grams
While gold prices spurted by Rs 310 to Rs 27,790 per ten gram, silver gained Rs 500 to touch Rs 45,100 per kg.
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