The price of 22-carat gold rose Rs 10, with the yellow metal selling at Rs 67,310
The price of 22-carat gold fell Rs 10, with the yellow metal selling at Rs 66,590
The price of 22-carat gold also went up Rs 10, with the yellow metal selling at Rs 66,810
The price of 22-carat gold fell Rs 10, with the yellow metal selling at Rs 66,090
The price of 22-carat gold fell Rs 10, with the yellow metal selling at Rs 66,490
The price of 22-carat gold fell Rs 10, with the yellow metal selling at Rs 66,690
Increased imports by the world's biggest silver consumer could support global prices, which are trading near their highest level in more than a decade
Slightly softer than expected inflation data from University of Michigan, which was released Friday, continued to aid in commodities recovery
The price of 22-carat gold rose Rs 10, with the yellow metal selling at Rs 66,860
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
The price of 22-carat gold also went up Rs 10, with the yellow metal selling at Rs 66,660
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
The price of 22-carat gold fell Rs 10, with the yellow metal selling at Rs 66,390
The price of 22-carat gold dipped Rs 10, with the yellow metal selling at Rs 67,290
The price of 22-carat gold also went down by Rs 10, with the yellow metal selling at Rs 68,290
The price of 22-carat gold also dipped Rs 10, with the yellow metal selling at Rs 68,290
Silver price on MCX: Support is seen at $31 (Rs 93,500) /$29.50 (Rs 89,000)
The price of 22-carat gold also dipped Rs 10, with the yellow metal selling at Rs 67,590
Extending the record-breaking run to the second day in a row, silver prices hit lifetime high level of Rs 89,000 in the local market on Friday, even as gold prices fell Rs 150 to Rs 73,900 per 10 grams in line with firm trends in the overseas markets. According to HDFC Securities, silver prices jumped Rs 300 to Rs 89,000 per kg in the national capital. It had closed at Rs 88,700 per kg in the previous session. Meanwhile, gold prices declined Rs 150 to Rs 73,900 per 10 grams. In the previous session, it had settled at Rs 74,050. "Gold prices retreated on Friday as the US dollar and US Treasury yields recovered from multi-week lows. The US dollar index is currently quoting higher by 0.22 per cent against the previous close. "Traders reassessed the future path of interest rates, leading to a recovery in the US dollar and yields, following the US Fed's policymakers' emphasis on the need for US inflation to decrease further to justify lower borrowing costs and indicating that borrowing
The price of 22-carat gold was up by Rs 10, with the yellow metal selling at Rs 67,860