Precious Metals

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Precious Metals - Total results - 10
Gold prices up as rapid spread of coronavirus in Italy, Iran spurs safe-haven demand
Business

Gold prices up as rapid spread of coronavirus in Italy, Iran spurs safe-haven demand

Italy has reported more than 400 cases of coronavirus and Iran has reported only 139 cases, but epidemiologist say the true number of cases must be many times higher.

GST rate for gold fixed at 3%, biscuits 18%, bidis 28%; states, except West Bengal, agree to 1 July rollout
Business

GST rate for gold fixed at 3%, biscuits 18%, bidis 28%; states, except West Bengal, agree to 1 July rollout

New 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.

GST Council to fix tax rate on gold and other commodities today; jewellers on toes
Business

GST Council to fix tax rate on gold and other commodities today; jewellers on toes

This will probably be the last meeting of the GST Council before the implementation of the new tax regime from 1 July

April-September gold seizure rises four-fold to Rs 632 cr
Money

April-September gold seizure rises four-fold to Rs 632 cr

There 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.

Akshaya Tritiya: Will it be a lucky day for gold sales?
Business

Akshaya Tritiya: Will it be a lucky day for gold sales?

Despite the current downbeat mood among buyers, jewellers are keeping their fingers crossed.

Gold hits 8-week high as investors bet on more gains
Economy

Gold hits 8-week high as investors bet on more gains

Gold 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

Silver's fall from grace: High global exposure did it in
Investing

Silver's fall from grace: High global exposure did it in

Spot silver's fall was really sharp. Its widespread industrial use means that due to the bullion's high exposure, it's far more vulnerable to worries of economic growth than gold.

Jewelers, consumers seek alternative to gold
Economy

Jewelers, consumers seek alternative to gold

High prices have practically squeezed gold out of the low and medium-priced segments of western jewellery markets, with other metals or alternative gadgets replacing it as small gifts worth 100-300 euros.

Canara Bank Selects Commodity XL For Precious Metals
Biztech

Canara Bank Selects Commodity XL For Precious Metals

New to the precious metals market, Canara Bank required a solution that enabled rapid entry into the market and effective management of inventory, reconciliation, risk and regulatory compliance.