Gold

Akshay Tritiya sales likely to remain weak due to high gold prices

Jewellers are expecting gold sales to remain subdued due to high prices this Akshay Tritiya.

May 6, 2016

Gold, silver prices fall in India on low demand, global cues

Gold prices declined by Rs. 225 per 10 gm and silver was down Rs. 150 per kg on Saturday in Delhi bullion market.

Apr 23, 2016

Gold, silver outperform Sensex in 2016

Gold and silver prices have risen 17.36 percent and 21.17 percent since Jan. 1, while Sensex had declined 1 percent.

Apr 22, 2016

gold bars, gold prices, trump policies, strong us dollar, gold demand, gold consumption

Gold imports plummet 80% in March due to strike by jewellers

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, silver prices rise on wedding-related purchases, global cues

Gold prices rose by Rs. 180 per 10 gm, while silver gained modestly to close at Rs. 38,700 per kg.

Apr 17, 2016

Australian-Indian consortium may bid to acquire Kolar gold mining lease

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

Spot gold steadies, but rate hike worries resurface

Prospects for higher interest rates were already helping the dollar revive from five-months lows touched last week.

Mar 22, 2016

Govt to strengthen gold monetisation scheme, rich Hindu temples to contribute

This scheme managed to collect 3 tonnes of gold against the targeted 20,000 tonnes lying idle without traded or monetised.

Mar 19, 2016

Sovereign gold bond scheme fetched govt just Rs 1,400 cr against Rs 15,000 cr targeted

These schemes were launched to discourage citizens from hoarding physical gold.

Mar 18, 2016

Govt to launch third tranche of gold bond scheme on March 8

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

3-day jewellers' strike may cost the economy $432 million

An excise duty of 1 percent on gold transactions worth Rs. 6 crore per year brings small manufacturers to book.

Mar 3, 2016

Budget 2016: Gold prices rise as FM Arun Jaitley leaves import duty unchanged

However, the government proposed a slew of exemptions for investment under the gold schemes announced last year.

Feb 29, 2016

Gold imports likely to slump to 2-year low in February

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

Indians spent $267B on gold in last 10 years

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

Gold gains on fresh demand; ETFs rise despite stock market rally

The yellow metal managed to stay above $1,200 an ounce on Friday despite shedding previous day's gains.

Feb 19, 2016

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