Page 35 - Gold
Why is China turning its back to gold jewellery? Chris Wood explains
In dollar terms, gold prices hit $2,331/oz at the end of H1-CY24, according to WGC data, rising 12.1 per cent during this period
 "Why is China turning its back to gold jewellery? Chris Wood explains")
Gold price slips Rs 10 to Rs 68,990, silver declines Rs 100 to Rs 84,400
The price of 22-carat gold slipped Rs 10, with the yellow metal trading at Rs 63,240
 "Gold price slips Rs 10 to Rs 68,990, silver declines Rs 100 to Rs 84,400")
Don't let tax rate hikes disrupt wealth creation through equity funds
International, gold and silver funds and ETFs will be taxed more favourably from next year
 "Don't let tax rate hikes disrupt wealth creation through equity funds")
After paints, Aditya Birla group forays into Rs 6.7 trn jewellery retail
Group aims for brand to be among top three national players in five years
 "After paints, Aditya Birla group forays into Rs 6.7 trn jewellery retail")
Investors hold on to gold ETFs even as prices slump after custom duty cut
Adjusted for fall in NAV, AUM of gold ETFs remain unaffected
 "Investors hold on to gold ETFs even as prices slump after custom duty cut")
Cut in gold import duty will curb smuggling, boost jewellery exports: Goyal
The announcement in the Budget to cut import duty on gold will help boost domestic manufacturing and promote jewellery exports, Commerce and Industry Minister Piyush Goyal said on Tuesday. He also said that the decision for the removal of angel tax will further strengthen the startup ecosystem in the country. "The gold import duty cut to 6 per cent will promote the manufacturing of gold and silver jewellery. It will also contain smuggling," Goyal told PTI. He added that the gold prices are high and the marriage season is coming and this move would help the people. Presenting the Union Budget 2024-25 on Tuesday, Finance Minister Nirmala Sitharaman said that to enhance domestic value addition in gold and precious metal jewellery in the country, the government has proposed to reduce customs duties on gold and silver to 6 per cent and that on platinum to 6.4 per cent. Giving a big relief to startups, the government on Tuesday announced the removal of angel tax for all classes of inves
 "Cut in gold import duty will curb smuggling, boost jewellery exports: Goyal")
Gold prices decline from all-time peak on profit taking, firmer dollar
Spot gold was down 1.9% at $2,399.13 per ounce by 1709 GMT. Bullion hit an all-time high of $2,483.60 on Wednesday
 "Gold prices decline from all-time peak on profit taking, firmer dollar")
Gold price climbs Rs 10 to Rs 75,010, silver grows Rs 100 to Rs 96,100
The price of 22-carat gold rose Rs 10, with ten grams of the yellow metal selling at Rs 68,760
 "Gold price climbs Rs 10 to Rs 75,010, silver grows Rs 100 to Rs 96,100")
Gold Strategy: Buy dips; resistance at Rs 75,400, support at Rs 73,000
Spot gold surged to a fresh record high of $2465 on July 16 as traders continued to pile into the metal on Fed rate cut bets.
Gold price climbs Rs 10 to Rs 74,030, silver slips Rs 100 to Rs 94,900
The price of 22-carat gold rose Rs 10, with ten grams of the yellow metal selling at Rs 67,860
 "Gold price climbs Rs 10 to Rs 74,030, silver slips Rs 100 to Rs 94,900")
Gold prices hover near 1-month peak as Fed rate cut hopes lend support
The dollar held steady, while long-dated U.S. bond yields rose, as investors weighed whether the assassination attempt on Trump increased his chances of victory
Stocks, Gold, Bitcoin: Where should you invest?
What should be your stock market investment strategy for the rest of 2024? Should you invest in stocks, gold, or Bitcoin? Watch the video to know what experts suggest.
 "Stocks, Gold, Bitcoin: Where should you invest?")
Gold price climbs Rs 10 to Rs 73,760, silver falls Rs 100 to Rs 95,400
The price of 22-carat gold rose Rs 10, with the yellow metal selling at Rs 67,610
 "Gold price climbs Rs 10 to Rs 73,760, silver falls Rs 100 to Rs 95,400")
Gold price climbs Rs 10 to Rs 73,430, silver rises Rs 100 to Rs 95,600
The price of 22-carat gold rose Rs 10, with the yellow metal selling at Rs 67,310
 "Gold price climbs Rs 10 to Rs 73,430, silver rises Rs 100 to Rs 95,600")
Gold price slips Rs 10 to Rs 73,190, silver declines Rs 100 to Rs 94,400
The price of 22-carat gold also slipped Rs 10, with the yellow metal trading at Rs 67,090
Global gold ETFs lose $6.7bn in 2024; worst H1 drop in 11 years: WGC
WGC defines gold ETFs as regulated securities that hold gold in physical form. These include open-ended funds traded on regulated exchanges and other regulated products like closed-end funds and MFs
 "Global gold ETFs lose $6.7bn in 2024; worst H1 drop in 11 years: WGC")
Gold price slips Rs 10 to Rs 73,190, silverfalls Rs 100 to Rs 95,400
The price of 22-carat gold also slipped Rs 10, with the yellow metal trading at Rs 67,090
 "Gold price slips Rs 10 to Rs 73,190, silverfalls Rs 100 to Rs 95,400")
Gold price dips Rs 10 to Rs 73,570, silver rise Rs 100 to Rs 95,100
The price of 22-carat gold also slipped Rs 10, with the yellow metal trading at Rs 67,440
Gold prices take a breather after sharp rally fuelled by US jobs data
Spot gold fell 0.6% to $2,377.38 per ounce as of 10:34 a.m. ET (1434 GMT), after rising to its highest level since May 22 on Friday. U.S. gold futures slipped 0.5% to $2,385.20
Gold price slips Rs 10 to Rs 73,790, silver declines Rs 100 to Rs 94,700
The price of 22-carat gold also slipped Rs 10, with the yellow metal trading at Rs 67,640