Page 42 - Gold

Gold price climbs Rs 10 to Rs 72,880, silver rises Rs 100 to Rs 94,100

The price of 22-carat gold also went up Rs 10, with the yellow metal selling at Rs 66,810

Gold price slips Rs 10 to Rs 72,100, silver falls Rs 100 to Rs 92,700

The price of 22-carat gold fell Rs 10, with the yellow metal selling at Rs 66,090

Gold price slips Rs 10 to Rs 72,540, silver falls Rs 100 to Rs 93,400

The price of 22-carat gold fell Rs 10, with the yellow metal selling at Rs 66,490

Tracking the rise of Reserve Bank of India's physical gold reserves

In the annual report for 2023-24, RBI has said - of the 514.07 metric tonne of gold held as asset of Banking Department, 100.28 metric tonnes held in India and 413.79 metric tonnes held abroad

RBI transfers 100 tonnes of gold from UK to its domestic vaults in India

Reports say that another similar amount of gold could be en route to the country in the coming months

Gold price slips Rs 10 to Rs 72,750, silver falls Rs 100 to Rs 96,400

The price of 22-carat gold fell Rs 10, with the yellow metal selling at Rs 66,690

Gold Strategy: Buy the dips towards Rs 71,400; Support near Rs 71,500

The MCX Gold August contract was down by 0.11 per cent at its LTP of Rs 72,193. Risk appetite remains weak as wider markets swoon

Biggest global gold ETFs by AUM see $3.9 bn outflow in 5 months. Check why

On the other hand, gold prices have seen a rise in the last few months amid steady demand, especially from the global central banks

Rs 81,000 for gold? Motilal raises price target, says buy at Rs 69,000

Gold gains 14% YTD in the domestic market while Silver displays upward mobility of 27% returns YTD in 2024

Gold price climbs Rs 10 to Rs 72,940, silver rises Rs 100 to Rs 96,600

The price of 22-carat gold rose Rs 10, with the yellow metal selling at Rs 66,860

Govt puts new wastage norms for gold, silver jewellery exports on hold

The government on Tuesday put on hold the new norms for permissible wastage amount for gold, silver and platinum content in jewellery exports until July 31, 2024, just a day after the notification after the gems and jewellery industry raised serious concerns on the new standards. The government on Monday notified revised norms related to the permissible amount of wastage and standard input output with regard to the export of gold and silver jewellery. The industry claimed that the norms were notified without any consultation. The Directorate General of Foreign Trade (DGFT) on Tuesday that now keeping in view the representation of the Gem and Jewellery Export Promotion Council highlighting the difficulties to their sector from the revised norms, another opportunity will be given to the industry for submission of their views. The DGFT said that the industry and the council can provide information/data to the concerned norms committee within one month. Accordingly DGFThereby places th

Anand Mahindra hails Dipa Karmakar for winning gold at Asian championships

Anand Mahindra wrote a heartfelt message after Dipa Karmakar won gold at the Asian Gymnastics Championships. Here's what he said

Gold price climbs Rs 10 to Rs 72,720, silver up Rs 100 at Rs 93,100

The price of 22-carat gold also went up Rs 10, with the yellow metal selling at Rs 66,660

Industry disappointed with revised norms for gold, silver jewellery exports

The government on Monday revised norms related to permissible amount of wastage and standard input output with regard to export of gold and silver jewellery. An industry official said the wastage norms have been eased and the manufacturers are disappointed with it. "The wastage permissible and standard input-output norms with regard to export of jewellery have been revised," the Directorate General of Foreign Trade said in a public notice. The official from the gems and jewellery export council said the industry was not consulted before taking this decision. According to the public notice, weight of mountings and findings (or parts) of gold or silver, if imported and used in export products, will not be included for determining net content of gold and silver in export products. Standard input-output norms (SION) are rules that define the amount of input/inputs required to manufacture a unit of output for export purposes. Input output norms are applicable for the products such as

Gold price dips Rs 10 to Rs 72,430, silver falls Rs 100 to Rs 91,900

The price of 22-carat gold fell Rs 10, with the yellow metal selling at Rs 66,390

Gold price slips Rs 10 to Rs 73,410, silver falls Rs 100 to Rs 92,400

The price of 22-carat gold dipped Rs 10, with the yellow metal selling at Rs 67,290

Should you buy gold now? Check key levels here before investing your money

The downside pressure on gold further intensified on Thursday on better-than-expected S&P US Global manufacturing and services PMI data

Limits of the global gold rush

Gold remains important in central bank reserves, but won't significantly replace financial assets on balance sheets

Gold price declines Rs 10 to Rs 74,500, silver rises Rs 100 at Rs 95,900

The price of 22-carat gold also went down by Rs 10, with the yellow metal selling at Rs 68,290

Gold imports could fall by a fifth as record price prompts jewellery swaps

Lower imports by India, the world's second biggest consumer of the precious metal, could cap a rally that carried global prices to a record this week