| Refineries seek import duty cut on raw gold | 03-JUL-09 |
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| National Spot Exchange Ltd, an associate of the country’s largest commodity exchange the Multi Commodity Exchange (MCX), has urged the government to waive two per cent customs duty on raw gold imports for stimulating domestic refineries. |
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| Bullion topples records | 04-APR-06 |
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| Domestic gold and silver prices rose to their respective all-time highs in tandem with spiralling overseas prices.
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| Gold prices up 2% in two days | 17-JAN-06 |
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| A weakening dollar, hedge fund buying and an anticipated recession in the US, have lifted gold prices by more than 2 per cent in the last two trading sessions. It has recorded a gain of Rs 165 till |
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| Gold surges Rs 165 to hit record Rs 7585 | 03-DEC-05 |
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| Still riding on the wave of fund and speculative buying, standard gold today hit yet another new high of Rs 7,585 a gain of Rs 165 over the previous day. In just two months between October 1 and |
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| Fund buying spawns bullion blitzkrieg | 29-NOV-05 |
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| Gold prices took another leap and opened strong at Rs 7,475 per 10 gm in the domestic market today on the back of hectic fund-buying. Prices opened at $499 per ounce in London.
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| Bullish prices keep gold offtake on hold | 01-NOV-05 |
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| Jewellers and traders on Monday said gold offtake was likely to be sluggish following the serial blasts in Delhi and the bullish price of the yellow metal, but the impact would, however, be minimal.
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| Minor correction seen likely | 03-OCT-05 |
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| Gold tracked the trend in the global markets and recorded substantial gains in the domestic markets too. Gold 99.5 and 99.9 rose to Rs 6,770 per 10 gm and Rs 6,805, respectively, by Friday - |
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| Gold hits new high of Rs 6770 | 01-OCT-05 |
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| Gold surged to an all-time high at Rs 6,770 per 10 gm owing to speculative and fund buying ahead of festival season despite lower demand from retail investors.
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| Gold prices may touch Rs 7,000 by Diwali | 12-SEP-05 |
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| Festive demand and rising prices in international market have pushed up spot gold (.999) prices to Rs 6,435 per 10 gm on Friday, a rise of Rs 35 from Monday's close. Similarly, spot gold (.995) also |
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| Octroi, Mumbai`s bugbear | 19-MAY-05 |
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| Mumbai is losing out to neighbouring cities in the silver trade too due to a steep levy of 2 per cent octroi on the white metal.
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| Mumbai loses the gold race | 18-MAY-05 |
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| Mumbais gold trade is fast losing out to Gujarat and Rajasthan. Though official gold prices in the city are much lower than those coming in from the two neighbouring states, actual purchase prices |
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| Gold close to 52-week high in home market | 18-NOV-03 |
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| Gold prices in the domestic markets today rallied to a near 52-week high as prices of pure gold (.999 purity) hit Rs 5955 per 10 gram and standard gold prices hit Rs 5910.
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