Gold

China to 'kill US dollar' with its hidden gold reserves?

No one knows for sure if China has 20,000 tons of gold in reserves. But if indeed it has that deep a gold reserve, Beijing can take on the US dollar by using gold for international trade.

Sep 5, 2018

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Gold extends losses on weak global cues; silver recovers

Globally, gold fell 0.57 per cent to USD 1,194 an ounce and silver by 1.25 per cent to USD 14.28 an ounce in Singapore.

Sep 4, 2018

Jewellery shop robbery in Borivli, Mumbai

Weaker global gold prices lure buyers in most Asian hubs

Spot gold touched its lowest since December 19 at $1,260.84 an ounce on Thursday, weighed down by outlook for higher interest rates in the United States and as the dollar climbed to an 11-month peak.

Jun 24, 2018

Akshaya Tritiya 2018: Things to keep in mind while buying gold

During this Akshaya Tritiya, here are the six things that you should know before stepping into a jewelry store.

Apr 18, 2018

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Sovereign Gold Bond scheme 2018-19 issue opens April 16: Know all details

The first tranche of Sovereign Gold Bond scheme for the current year 2018-19 will open for subscription from April 16 to April 20.

Apr 14, 2018

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Gold price touches one-week high amid geopolitical tensions

Geopolitical tensions and the US inflation data had an impact on traders' sentiments, resulting in an increase in the demand for the safe-haven metal in the global market.

Apr 11, 2018

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Go gold: 3 gold investment schemes backed by Indian government in 2018

There's no better way of investing in gold than through the government-backed methods. Know more about Gold Monetization Scheme, Sovereign Gold Bonds Scheme, and Indian Gold Coin.

Apr 10, 2018

Dhanteras 2017: Jewellers trying to woo customers back with heavy discounts on gold

Gold is trading at Rs 29,550 level, which is about Rs 1,000 lower than the recent high. Market analysts bet on more correction in coming future which gives investors a good opportunity to invest in gold.

Oct 17, 2017

Polishing up: Money laundering rules to apply to gems and jewellery sector

The move to put the gems and jewellery sector under the PMLA's purview, is part of steps to stop misuse and laundering of money by the sector.

Aug 28, 2017

No rain checks: Monsoon, restocking jewellers will perk up gold imports

Import growth could taper off in coming months as jewellers restocked earlier than usual this year, fearing higher taxes.

Aug 13, 2017

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Weak domestic demand, global cues pull gold prices down

On Saturday, gold and silver prices drifted lower in Delhi bullion market.

Aug 5, 2017

Demand for gold jewellery in India rises 41% in June quarter: World Gold Council

As against the world average of 8 percent, the demand for gold jewellery in India shot up 41 percent in June quarter, the WGC says.

Aug 3, 2017

No GST on sale of old gold, vehicles: Report

The Centre's clarification comes after an initial statement that sale of old gold jewellery will be subject to 3 percent GST.

Jul 14, 2017

India's gold imports more than double in five months; May trade deficit rises to $13.84 billion

Gold imports rose 131.7 percent to $18.49 billion between January and May this year as against $7.98 billion, YoY.

Jun 16, 2017

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Gold is cold: GST might tarnish profits of the jewellery sector, fear jewellers

Apex bullion dealers body India Bullion and Jewellers Association (IBJA) has said that the GST structure will block 87 per cent working capital to the industry.

Jun 11, 2017

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