The government's import duty stance in Budget 2017, impact of demonetisation, to influence gold prices this year; silver outlook also bleak.
Jan 14, 2017
Ever since PM Narendra Modi's demonetisation of high-value currencies, gold and silver prices have been falling.
Dec 26, 2016
Currently, the import duty on gold is 10 percent; gold companies like Titan, PC Jeweller say a cut would be good for the industry.
Dec 22, 2016
The Federal Reserve hiked rates for the first time in a year last week and projected three more increases in 2017.
Dec 21, 2016
In the first eight months (April-November) this year, gold imports into India dropped by $6.9 billion, or 30.5 percent.
Dec 16, 2016
Gold demand has remained subdued since demonetisation, leading to bearish market sentiments for Titan, TBZ and PC Jeweller.
Dec 15, 2016
Opecs surprise decision to cut oil production by 1.2 million barrels per day has boosted the crude oil price. Financial columnist Edmund Shing asks whats next for the oil industry and whether now is a good time to invest in companies dealing with crude.
Dec 7, 2016
The trend is unusual for the jewellery industry this time of the year due to the high demand during peak wedding season.
Nov 28, 2016
A 50-year-old man tried to smuggle 45 bars of gold worth Rs 1.65 crore by hiding them under his seat on a Jet Airways flight.
Nov 5, 2016
Gold lost Rs 110 on Dhanteras as weak global cues kept demand low despite token buying by jewellers and customers.
Oct 28, 2016
The price per gram of gold is Rs 2,957 after discount while the interest rate has been reduced to 2.50 percent from 2.75 percent.
Oct 22, 2016
The Directorate of Revenue Intelligence (DRI) seized 21 kg gold and Indian currency from an Old Delhi shop.
Oct 17, 2016
Gold and silver prices have dropped drastically in the past few days due to weak demand despite Dhanteras just 20 days away.
Oct 8, 2016
Weak global cues, low demand lead to gold prices dropping Rs 325 per 10 gm on Saturday.
Oct 1, 2016
Gold prices fell Rs. 80 to close at Rs. 31,520 per 10 gm on Monday, while silver lost Rs. 150 to end at Rs. 46,350 per kg.
Sep 26, 2016