Latest News on Precious metal
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Precious metal - Total results - 15
Jun 04, 2017
GST rate for gold fixed at 3%, biscuits 18%, bidis 28%; states, except West Bengal, agree to 1 July rolloutNew Delhi: Footwear below Rs 500 will be taxed at 5 percent under the Goods and Services Tax, while the rest would be in the 18 percent bracket once the new regime is rolled out from 1 July.
Jun 03, 2017
GST Council to fix tax rate on gold and other commodities today; jewellers on toesThis will probably be the last meeting of the GST Council before the implementation of the new tax regime from 1 July
Dec 28, 2014
December gold imports fall, government unlikely to add new restrictionsArray
Dec 19, 2014
April-September gold seizure rises four-fold to Rs 632 crThere has been almost four-fold increase in seizures of smuggled gold during April-September this year compared to the same period a year ago, government said today.
May 31, 2012
What? Gold headed for worst fall in 30 years?Gold is down six percent , which is its worst May performance since 1982. This fall comes in the light of concerns over Spain's banking system and the crucial Greek elections which will determine its position in the eurozone.
May 16, 2012
Has gold lost its ability to be a safe haven?Investors are dumping gold along with other risk-sensitive assets like stocks and commodities, leading some commentators to point out that the metal is currently trading like a risk asset rather than a safe haven.
Apr 24, 2012
Akshaya Tritiya: Will it be a lucky day for gold sales?Despite the current downbeat mood among buyers, jewellers are keeping their fingers crossed.
Mar 20, 2012
Pranab justifies duty hike, says gold import strains exchange rateThe import of gold of such magnitude strains balance of payments and affects exchange rate of rupee through impacting supply-demand balance of foreign exchange said Finance Minister Pranab Mukherjee.
Feb 02, 2012
Gold hits 8-week high as investors bet on more gainsGold appears in the process of convincing investors that its stint as a hybrid between a safe haven and a risk asset is coming to an end
Nov 21, 2011
Marriage season spikes gold prices, silver falls on sluggish demandGold rose by Rs 35 to Rs 29,240 per 10 grams on buying by retailers for the ongoing marriage season, however, silver lost Rs 550 to Rs 55,850 per kg.