Page 89 - Gold

Duty-free gold import junked for machine-made jewellery export

Govt action aims to arrest round tripping but will hurt genuine exporters

Demand for gold, imports nosedive to three-year low post budget

In the first six months (January to June) of this calendar year, India imported 427.8 tonnes of gold at a monthly average of 71.3 tonnes

Banks forced to import gold when available at a 2% discount locally

Allowing banks to do local sourcing of gold that meets the standards will help solve many issues

Gems & jewellery industry in turmoil as exports fall sharply in August

Gold jewellery exports to the US in August increased 5.58 per cent to $910.87 mn

Short-term correction for gold, silver after a continuous rally

In global markets, both precious metals continued downward spiral

Silver opens above Rs 50,000 a kg in Mumbai, gold at Rs 39,000-plus

Demand is drying up at these price levels as consumers wait for correction before they buy

Time to hike share of gold in portfolio to at least 15%: Advisors

Today, gold needn't be held physically; which makes it truly an investment product that comes without the associate sentimental attachment

Higher gold prices keep the shine intact for major gold financiers

The average gold price in the September 2019 quarter, so far, is now up 11.5% from the June quarter

Customs department seizes 23% more illegal consignments of gold in Q1

Experts cite higher import duty as reason for rise in smuggling

Silver catching up with gold rally, price spike sharply in global market

After consolidating for a few days, gold and silver prices spiked yesterday on fears that inverse short- and long-term bond yields in the United States will lead to recession

Gold price rise poses a systemic long-term risk of jewellers' default

Money collected through deposit schemes is diverted to pay mark-to-market margin of lenders

Central banks just love gold and it's going to stay that way amid slowdown

Central banks added 374.1 tonnes in the first six months, helping push total bullion demand to a three-year high, according to the World Gold Council

Gold quotes at a huge discount in late trades as buyers desert market

The metal was trading at a discount of Rs 1,500 per 10 grams, or $65-70 an ounce, to the cost of imports, the highest since 2016, post demonetisation

Gold at over 6-year peak as trade war escalation sparks rush to safe-haven

On Friday, US President Donald Trump announced a 5 per cent additional duty on $550 billion in targeted Chinese goods

How much exposure should you take to gold and mid- and small-cap funds?

Mid- and small-caps have seen a deep correction

The gold or silver dilemma: Which is a better bet to build portfolio?

Both are rising steadily, but the yellow metal is the preferred choice due to less volatility

Gold prices soar to new high of Rs 38,820; silver jumps by Rs 1,140

Traders attributed the gain in gold to increase in the domestic spot market demand

Bleak outlook for jewellers as record prices, fading demand hit gold sales

India's consumption of gold has been affected by the government's efforts to curb its trade deficit and measures to discourage investors who used the metal to evade taxes

Consumers defer old gold sales on hopes of further rise in prices

Safe-haven buying of the metal has seen prices hitting a seven-year high in the international market and a life-time high in India

Gold prices likely to remain firm amid weak growth, soft rates

In India, a sharp fall in the equity market amid a slowing economy, subdued corporate earnings and an overall risk-averse sentiment have seen investors flock to the yellow metal