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Planning to buy gold on Dhanteras? Here are a few tips that may help you

Oct 21, 2014

Planning to buy gold on Dhanteras? Here are a few tips that may help you

A survey by the Bureau of Indian Standards held across 16 cities found that 90.10 percent of 162 gold samples failed purity tests. More shocking fact is that the highest purity shortage was 44.6%.Here are a few tips that may help you buy real gold. #Gold #yellow metal #MetalWatch #Dhanteras #Diwali2014
Gold jewellery exports dip 30 percent in December

Jan 17, 2014

Gold jewellery exports dip 30 percent in December

Gold jewellery exports from April to December fell 51.5 percent to $4.92 billion, the Gems and Jewellery Export Promotion Council (GJEPC) said in a statement. #Gold #yellow metal #CAD #gold jewellery #Gold Exports
Good news: Govt in talks to ease gold imports

Jan 06, 2014

Good news: Govt in talks to ease gold imports

Officials are in discussions to cut a record high import duty on gold and relax rules on exports, government sources said, after the measures helped narrow the country's trade deficit and now threaten to encourage smuggling. #Gold #finance ministry #yellow metal #imports #Import duty
Barclays sees gold struggling in 2014

Jan 06, 2014

Barclays sees gold struggling in 2014

"Slower-than-expected tapering, weaker equity markets and a softer dollar could help to revive gold in the short term," the bank said. #Gold #Barclays #ExpertView #yellow metal
Rs 7.36 cr worth gold bars found on Kolkata-bound plane toilet

Nov 21, 2013

Rs 7.36 cr worth gold bars found on Kolkata-bound plane toilet

Smuggling is on the rise into India, one of the world's biggest buyers of gold, after the government raised import duty to a record 10 percent and slapped restrictions which have shrivelled supplies into the domestic market. #bullion #Gold #Jet Airways #Mumbai #bIhar #Dubai #yellow metal #Kolkatta #gold bars #Customs #Smuggling
Gold ends up on dollar fall, breaks four-day drop

Nov 14, 2013

Gold ends up on dollar fall, breaks four-day drop

Gold prices eked out a small gain on Wednesday to snap a four-day losing streak, boosted by a drop in the dollar and bargain hunting with prices near a one-month low. #Dollar #bullion #Gold #US #yellow metal
Dhanteras demand: Gold may cross Rs 33,000 on shortage

Oct 28, 2013

Dhanteras demand: Gold may cross Rs 33,000 on shortage

With sale of gold coins down 70 percent this Diwali, those in the dry fruit business and chocolate makers are minting money this Diwali. #Gold #Diwali #yellow metal #chocolates #dry fruits
August gold jewellery exports dip from last year, but up from July

Sep 24, 2013

August gold jewellery exports dip from last year, but up from July

Exports of gold jewellery from India nearly halved in August to $561 million, a leading industry body said on Tuesday, although they picked up from July, when the Reserve Bank of India (RBI) tied imports by the world's biggest bullion buyer to its overseas shipments. #Gold #exports #yellow metal
Gold loans: "Free-market" Rajan shows his true colours

Sep 18, 2013

Gold loans: "Free-market" Rajan shows his true colours

The RBI has unnecessarily inflicted needless regulation on gold loan companies - giving the lie to Raghuram Rajan's free market credentials. #Gold #RBI #Raghuram Rajan #yellow metal #ETF #Gold loan companies #The Gold Bug
Govt hikes import duty on gold, silver jewellery to 15%

Sep 17, 2013

Govt hikes import duty on gold, silver jewellery to 15%

The government today increased the import duty on gold and silver jewellery to 15 percent from 10 percent to protect the domestic industry, although it would make ornaments more expensive for consumers. #Gold #silver #NewsTracker #yellow metal #Gold Import #import price hike