Bullion
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All Stories for Bullion
With revenues falling, taxman rakes up three-year-old demonetisation cases; about 15,000 jewellers sent tax demands
•Tax authorities are within the rights to demand tax on past revenue, which takes time to scrutinise, but it is highly unusual for officials to demand the entire revenue as tax.
Gold eases from 7-year high, but coronavirus fears limit losses; further escalation in epidemic likely to propel market higher
•Spot gold was down 0.2 percent to $1,657.40 per ounce, after declining 1 percent earlier in the session. On Monday, the metal rose as much as 2.8 percent to its highest since January 2013 at $1,688.66.
Gold rises to three-month high, set for best year since 2010 on weakening dollar, year-end buys
•The dollar slipped against a basket of rivals, making gold cheaper for holders of other currencies
Gold shines on Dhanteras; trade records 30 tonnes of sales, registers around 25% drop in demand against last year
Fp Staff •Traders expected only 20 tonnes of gold to be sold in the domestic bullion market on Dhanteras this year, due to weak demand.
Gold prices expected to go up as investors bet on precious metal; muted consumer demand to perk up with festive season next month
Sulekha_nair •The loose monetary policies of countries and the central banks across the globe diversifying into gold has also contributed majorly in the sharp spike in gold prices,
Gold slips Rs 140, still above Rs 38,000-mark on easing in demand from jewellers despite precious metal gaining overseas
•A day after touching an all-time-high level, gold prices on Friday slipped Rs 140 but traded above the Rs 38,000-mark at Rs 38,330 per 10 gram, on easing in demand from jewellers despite the precious metal gaining overseas and sustaining above the psychological level of $1,500 an ounce
Gold prices hit six-year high on softer dollar; US-Iran friction drives investors towards safe-haven bullion
•Gold prices climbed more than 1 percent on Tuesday to their highest in six years as the dollar weakened on prospects of monetary easing by the Federal Reserve, while simmering U.S.-Iran tensions drove investors towards the safe-haven bullion
Gold prices fall by Rs 100 to Rs 34,270 per 10 gram in Delhi on easing demand
•Gold prices declined by Rs 100 to Rs 34,270 per 10 gram in the bullion market here on Monday due to easing demand from jewellers despite a positive overseas trend, according to the All India Sarafa Association
Gold prices surge Rs 300 to Rs 33,870 per 10 gram in Delhi on fresh buying, strong global trend
•Gold prices rose by Rs 300 to Rs 33,870 per 10 gram in the bullion market here on Friday on fresh buying by jewellers and a firm trend overseas, according to the All India Sarafa Association
Gold prices plunge Rs 360 to Rs 33,370 per 10 gram in Delhi on tepid demand, weak overseas trend
•Gold prices fell by Rs 360 to Rs 33,370 per 10 gram in the national capital Tuesday tracking a weak trend overseas and tepid demand from local jewellers, according to the All India Sarafa Association