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Citing prevailing favourable factors boosting the country's overall trade performance, the Economic Survey on Friday said it is an "opportune time" to remove restrictions on gold imports.The robust
the stagnant prices of the yellow metal, the country's gold reserves continued to remain unchanged at USD 20.183 billion for the reporting week.
Goldpetal prices on MCX were trading lower on Friday. MCX Goldpetal April contract was trading at Rs 2655 down Rs 10, or 0.38 percent.
Goldm prices on MCX were trading lower on Friday. MCX Goldm April contract was trading at Rs 26150 down Rs 84, or 0.32 percent.
Watch the interview of Navneet Damani of Motilal Oswal Commodities Broker with Ekta Batra and Anuj Singhal on CNBC-TV18. He spoke about the current trend in commodities markets.
According to Angel Commodities, gold and silver prices are expected to trade sideways today as investors will be cautious ahead of Prelim GDP data release from the US tonight.
Indians are into buying gold for centuries. However when it comes to investing in gold one may not be aware of options beyond jewellery and issues such as taxation, cost of investing associated
Gold prices on MCX were trading lower on Friday. MCX Gold June contract was trading at Rs 26389 down Rs 62, or 0.23 percent.
Spot gold was up 0.2 percent at USD 1,210.60 an ounce by 0042 GMT, having touched a one-week high of USD 1,220 on Thursday. Bullion has gained 0.8 percent for the week.
Goldguinea prices on MCX were trading higher on Thursday. MCX Goldguinea March contract was trading at Rs 21285 up Rs 115, or 0.54 percent.
market which was already reeling under NSEL issues. Volumes have been affected severely since its introduction.BULLION India, the world’s largest consumer of gold, imports around 800-900 tonnes
this fiscal to beginning April 2014-January2015.Gold industry is expecting a drastic drop in import duties from 10% to 2% levels although there is no clear indication whether this would happen.Amendment of FCRA
The industry has sought reduction in customs duty on gold to two percent, from 10 percent now. The gems and jewellery sector, which employs about 35 lakh people, would get a boost from the move. Gold
Goldm prices on MCX were trading higher on Thursday. MCX Goldm May contract was trading at Rs 26336 up Rs 100, or 0.38 percent.
Vaishnavi Gold has reported a standalone standalone total income from operations of Rs 0.97 crore and a net profit of Rs 0.01 crore for the quarter ended Dec '14
Gold rose as much as 1 percent on Wednesday after Yellen indicated flexibility in raising US interest rates.
Jewellers may be happy if the government cuts import duty on gold in Union Budget 2015. Any cut in import duty (currently at 10 percent) is likely to boost gold volume, reduce prices and minimise
Rajeev ShethTara JewelsThe government of India needs to be complimented for doing away with the 80: 20 rule which stipulated that 20 per cent of the gold imported had to be exported
Goldm prices on MCX were trading higher on Wednesday. MCX Goldm April contract was trading at Rs 26231 up Rs 145, or 0.56 percent.
Gold in Singapore, which normally set price trend on the domestic front, climbed 0.9 percent to USD 1,211.84 an ounce and silver by 2.1 percent to USD 16.64 an ounce. In the national capital, gold
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