Gold

Import tariff on gold raised by $8 to $362 per 10 gm

The tariff was reduced by $14 to $443 per kg, according to finance ministry statement released on Friday.

Jan 29, 2016

Gold Scheme launched by Modi sbg gold bond scheme modi rbi collection price tranche fifth fourth third second government physical gold

Sovereign Gold Bond scheme gets boost in second tranche

The government received applications for 2,790 kg of gold valued at Rs 726 crore against 917 kg of worth of gold bonds in last November.

Jan 28, 2016

Gold Monetisation Scheme: Govt mobilises 900 kg, liberalises norms

To make the GMS more attractive to depositors, the Central government on Sunday modified the guidelines on premature redemption.

Jan 25, 2016

Gold, silver prices up on safe-haven demand

Gold prices hit an over two-month high of Rs 26,690 per 10 grams as jittery investors rushed to buy the yellow metal following sharp sell-off in global markets.

Jan 20, 2016

Govt hikes import tariff on gold, silver

The tariff value is up by $ 9 per 10 gm on gold and $5 per kg on silver.

Jan 18, 2016

Second issue of sovereign gold bonds 'soon', says Modi government

The first issue saw a tepid response, with 63,000 applications for 917 kg of gold.

Jan 14, 2016

Gold at 9-week high, crosses $1,100 as investors flock to safe haven metal after stock markets crash worldwide

Gold prices have been rising in India too since Monday.

Jan 7, 2016

Government reduces import tariff on gold, increases for silver

The tariff values were announced by the government on Thursday, 31 December, 2015.

Dec 31, 2015

Gold, silver lose sheen in 2015

Gold prices fell 6.30%,while silver prices declined 8% in calendar year 2015.

Dec 31, 2015

Gold smuggling refuses to abate in India

The smuggling of the yellow metal is lucrative for many reasons.

Dec 28, 2015

Gold prices could fall below $1,000 in 2016: Report

If gold falls settles at around $985 by end 2016, it will mark a 7-year low, according to Phillip Futures.

Dec 24, 2015

India's gold imports to reach 1,000 tonnes this year

The rise in gold imports is mainly to a sharp decline in the overseas metal prices.

Dec 22, 2015

Government raises tariff value on gold, cuts on silver

The import tariff value is normally revised on a fortnightly basis.

Dec 16, 2015

Gold reclaims Rs 26,000-mark as US Fed rate hike looks done deal

Gold prices are also supported by increased buying by jewellers to meet a spike in demand in the wedding season.

Dec 12, 2015

Mexico: Brutal cartels fight over conflict-free gold revenues

Heroin traffickers linked to the abduction and disappearance of 43 students a year ago are battling over millions of dollars paid by Canadian mining giant Goldcorp to a village in Mexicos southern gold belt, leading to a wave of murders.

Dec 8, 2015