Shipments of gold into India plunged for a second straight month in March to $972.96 million after an 85 percent surge in January.
Apr 19, 2016
Gold prices rose by Rs. 180 per 10 gm, while silver gained modestly to close at Rs. 38,700 per kg.
Apr 17, 2016
The mining lease held by state-owned Bharat Gold Mines Ltd will be up for sale to the highest bidder through a government tender.
Apr 11, 2016
Prospects for higher interest rates were already helping the dollar revive from five-months lows touched last week.
Mar 22, 2016
This scheme managed to collect 3 tonnes of gold against the targeted 20,000 tonnes lying idle without traded or monetised.
Mar 19, 2016
These schemes were launched to discourage citizens from hoarding physical gold.
Mar 18, 2016
In the second tranche, it had received 3.16 lakh applications for 2,790 kg of gold valued at about Rs 726 crore.
Mar 5, 2016
An excise duty of 1 percent on gold transactions worth Rs. 6 crore per year brings small manufacturers to book.
Mar 3, 2016
However, the government proposed a slew of exemptions for investment under the gold schemes announced last year.
Feb 29, 2016
Jewellers and retail consumers are waiting for a correction in gold prices amid hopes of a cut in import duty in the upcoming budget.
Feb 23, 2016
When foreigners were buying Indian equities over the last ten years, Indians were busy buying gold, Akhilesh Tilotia of Kotak Equities said.
Feb 20, 2016
The yellow metal managed to stay above $1,200 an ounce on Friday despite shedding previous day's gains.
Feb 19, 2016
A rally in global equities and crude oil prices has reduced the demand for the yellow metal among safe-haven seeking investors.
Feb 16, 2016
Gold prices have gone up sharply during this week amid a tailwind generated by stock markets and a depreciation in rupee.
Feb 12, 2016
The metal has appreciated sharply from its Jan.1 price of Rs 25,510 per 10 gm.
Feb 11, 2016