Page 95 - Gold

Gold import to determine size of India's current account deficit : Icra

Icra expects India's CAD to be curtailed under $20 billion in FY2017, lower than around $22 billion in FY2016

Will gold holdings be taxed? All your queries answered here

If you can satisfactorily explain the source of income, then you can hold any amount of gold without being taxed

Make sure your gold is accounted for

If you don't have bills, look up your bank records or ask your jeweller to reissue bills

Gold dips ahead of US jobs data, heading for weekly loss

Bullion is highly sensitive to rising interest rates, which make the non-yielding asset less attractive while boosting the dollar

No proposal to cut import duty on gold: Govt

Gems and jewellery exporters have demanded cut in the import duty to boost exports

Gold in your locker is safe: No jewellery seizure up to 500 gm for married women

Legitimate holding of jewellery up to any extent is fully protected

Gold rises from 10-month lows as dollar sags

Gold was trading down 0.7% for the week, on track to post a fourth consecutive weekly decline

Gold tumbles on developments in India, China

Gold prices have tumbled in a little over a month from $1,300 an ounce to $1,167

All you need to know about tax on gold and jewellery

There will be no seizure of gold jewellery and ornaments to the extent of 500 gm per married woman, 250 gm per unmarried woman and 100 gm per male member

Gold, jewellery inherited or acquired through disclosed income will not be taxed

No seizure of gold jewellery to extent of 500 gms per married lady, 250 gms per unmarried lady and 100 gms per male, Finance Ministry said.

Gold futures decline 0.50% on weak global cues

At Multi Commodity Exchange, gold for delivery in December fell by Rs 142, or 0.50%, to Rs 28,243 per ten grams

Gold rises as dollar weakens

A slightly weaker US dollar saw gold prices recover some of the losses achieved earlier in the week

Commerce Ministry favours 'restriction free' gold imports to curb smuggling

India's gold imports declined to 60 tonnes in April-July, much lower than 250 tonnes in year-ago period

Gold sells at huge discount; price falls to 4-month low

Poor consumer interest in jewellery, even for weddings, I-T raids, shave 1.5% off metal in Mumbai; silver sheds over 2%

Rs 20 crore in: Gold ETFs see first inflow in 41 months

This was the first inflow since May 2013, when Gold ETFs had seen an infusion of Rs 5 crore. Trading in Gold ETF segment has been tepid in the last three financial years. They had witnessed an outflow of Rs 903 crore, Rs 1,475 crore and Rs 2,293 crore in 2015-16, 2014-15 and 2013-14, respectively. The pace of outflow slowed down in 2015-16 as against the preceding two years on account of sluggish equity market. "In line with the overall demand for gold in India during the festive season, demand for gold ETFs also picked up as expected. This shows that investors are choosing this instrument as a means of investing in gold given that it is more efficient better and convenient as compared to other forms of gold purchase," Quantum AMC Senior Fund Manager (Alternative Investment Fund) Chirag Mehta said. According to the latest data available with ...

Gold rises as US dollar pares gains citing potential economic policies of president-elect Donald Trump

Spot gold was up 0.3 per cent at $1,231.40 an ounce at 0357 GMT, after rising 0.67 per cent in the previous session

Gold will remain below Rs 30,000 in coming months. Here's why

Analysts expect a correction of 5-15% in coming months

Afraid of taxmen, jewellers refuse to accept old notes, keep shops shut

According to the sources, the officials of Directorate General of Central Excise Intelligence (DGCEI), an arm under the Finance Ministry, has sent notices to these jewellers seeking details of the gold sales.

Gold prices rebound after sinking to near 6-month low

Spot gold was up 0.4 percent at $1224.76 an ounce at 0256 GMT. The metal had slipped to its lowest since June 3 at $1,211.08 an ounce on Monday.

Gold hits 5-month low on strong dollar, Treasury yields

The dollar rose to an 11-month high while yields on the US 10-year Treasury notes climbed to their highest since January at 2.2 per cent