gold price
gold price News
Indians bought gold worth Rs 47,010 crore in January-March 2019
According to the World Gold Council’s latest Gold Demand Trends report, India’s Q4 gold demand value was Rs 47,010 crore, a rise of 13 per cent in comparison with Rs 41,680 crore in the same period of last year.
Jewellery making: Govt eases export norms for select goods
The country’s gems and jewellery exports contracted by 0.75 per cent to $13.18 billion in April-August this fiscal.
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Gold hits over 6-yr high of Rs 32,625 on festive buzz, global cues
Bullion traders said sentiments also got a boost on firming trend in overseas where gold traded at over three-month high as the dollar eased and equities slumped.
Gold futures drop Rs 195 on weak global cues
Market analysts said that the fall in gold futures was mostly in tune with a weak trend overseas.
Gold prices shoot up by Rs 118 in futures trade
At Multi Commodity Exchange, gold for delivery in far-month October was trading Rs 118 or 0.40 per cent higher at Rs 29,964 per 10 gram in a business turnover of 12 lots.
Gold prices hit five-year low on Chinese sell-off
Bullion fell to as low as $1,088.05 an ounce - its weakest since March 2010 - shortly after the Shanghai Gold Exchange opened trading, with volumes soaring to a record level.
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Gold monetisation scheme: Tax exemptions proposed
Individuals can now earn interest from a minimum deposit of 30 grams.
Gold monetisation: Make your metal work for you and the economy
FICCI World Gold Council survey showed that 72 per cent of people sell gold in the jewellery shop; and when asked what action they took when the price of gold increased, and only 6 per cent said they sold gold.
Gold imports up 6-fold, trade deficit hits 18-month high
Exports grew by 7.27 per cent to $25.96 billion after shrinking by a little over 5 per cent in October.
Govt set to impose fresh curbs to stem surge in gold imports
The finance ministry is considering bringing back the provisions of the 80:20 scheme, relaxed in May.
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