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Decrease in price of gold

Decrease in price of gold

Share Bazar, Mandi Live, Aap Ka Bazar, First Trade, Big Debate etc.

Profit buying on gold

Profit buying on gold

Share Bazar, Mandi Live, Aap Ka Bazar, First Trade, Big Debate etc.

Govt yet to take call on alpha-numeric code for jewellery

The government on Tuesday said it has not yet taken a final decision on its proposal to introduce a nine-digit alphanumeric identity code for every gold jewellery manufactured in India, to fix purity and traceability.

India to review gold policy after surge in imports: Sources

India is considering curbs on gold imports by private trading firms after foreign purchases surged in the past two months, two sources with direct knowledge of the matter said.

Gold import likely to be less than 500 tonne in FY14: GJF

The total sales are likely to decline by 25-30 percent this fiscal compared to last year as the market did not have enough variety to woo the customers, he said.

Gold prices fall by Rs 175 to Rs 30,225 per ten grams

In Mumbai, gold 99.9 and 99.5 percent purity traded at Rs 29,850 and Rs 29,700 per ten grams, respectively, while silver enquired at Rs 44,400 per kg.

Gold imports may fall to 500 tonne in 2014: Traders

"We are expecting gold imports to decline by 20-30 percent to around 500 tonne in 2014, from around 650-700 tonne estimated this year," All India Gems and Jewellery Trade Federation (GJF) director Bachhraj Bamalwa said.

Gold up 0.54% on global cues

Gold rose by 0.54 percent to Rs 30,220 per 10 gram in futures trade on Thursday as participants engaged in enlarging their positions mostly supported by a firming trend overseas.

Gold import will remain compressed in 2013-14: Chidambaram

Gold imports rose to 23.5 tonnes in October from 11.164 tonnes in September.

Jobs on the line as gold sector suffers under curbs

Squeezed by government rules meant to curb a surge in gold imports, India`s bullion industry is shrinking, with banks and others opting to redeploy personnel for now but possibly facing big job cuts in coming months.

Gold recovers Rs 100 in Mumbai on good buying

Pure gold of 99.9 percent purity gained by a similar margin to close at Rs 30,395 per 10 gram from Rs 30,295.

Indians may import record volumes of silver

Higher silver demand in the world's biggest buyer may help support prices, which have fallen almost 30 percent this year on the international market.

'Demand for jewellery won't be affected by economic downturn'

The demand for jewellery will continue to rise even if there is a downturn in the economy, Union Minister Kapil Sibal said on Saturday.

China to be world's top gold buyer this year: Experts

China is set to overtake India to become the world's top gold consumer this year, as the driving forces in the market shift from West to East, an industry association said on Tuesday.

Govt hikes tariff value on imported gold; cuts on silver

Taking cues from global price movements, the government today raised the import tariff value of gold to USD 436 per 10 grams, while reducing it on imported silver to USD 702 per kg.

Everything is fair in love for ‘gold’!

India’s dependency on gold for fulfilling their traditional rituals is so high that many jewellers are duping Indians by selling adulterated gold jewellery.

Gems, jewellery exports lose lustre in FY12

Gems and jewellery exports dipped marginally to USD 42.84 billion in 2011-12 owing to weak demand in western markets like the US and Europe, Gems and Jewellery Export Promotion Council said on Monday.