Last Updated: Friday, November 01, 2013, 21:37
Gold imports rose to 23.5 tonnes in October from 11.164 tonnes in September.
Last Updated: Friday, November 01, 2013, 11:24
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.
Last Updated: Tuesday, October 22, 2013, 17:22
The government has set a record 10 percent import duty on gold and imposed a rule that requires 20 percent of imports to be re-exported, meaning importers need to find a buyer who will guarantee those exports before bringing in any gold.
Last Updated: Wednesday, October 09, 2013, 09:42
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.
Last Updated: Saturday, October 05, 2013, 23:24
The demand for jewellery will continue to rise even if there is a downturn in the economy, Union Minister Kapil Sibal said on Saturday.
Last Updated: Tuesday, October 01, 2013, 21:21
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.
Last Updated: Tuesday, October 01, 2013, 17:12
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.
Last Updated: Thursday, August 15, 2013, 10:47
All wholesale commodity markets, including bullion and metals here will remain closed on Thursday on account of Independence Day.
Last Updated: Friday, May 31, 2013, 12:30
At the Multi Commodity Exchange, gold for delivery in June up by Rs 104, or 0.38 percent, to Rs 27,262 per 10 gm in business turnover of 2,994 lots.
Last Updated: Friday, April 05, 2013, 16:05
Traders said revival of buying from retailers on attractive lower levels mainly led a recovery in gold prices.
Last Updated: Saturday, March 30, 2013, 14:47
While gold fell by Rs 130 to Rs 30,070 per 10 grams, silver lost Rs 700 at Rs 53,500 per kg.
Last Updated: Tuesday, March 26, 2013, 18:24
Standard gold of 99.5 percent purity moved up by Rs 25 to end at Rs 29,540 per 10 gm from Monday's closing level of Rs 29,515.
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