Gold

Government raises tariff value on gold, cuts on silver

The import tariff value is normally revised on a fortnightly basis.

Dec 16, 2015

Gold reclaims Rs 26,000-mark as US Fed rate hike looks done deal

Gold prices are also supported by increased buying by jewellers to meet a spike in demand in the wedding season.

Dec 12, 2015

Mexico: Brutal cartels fight over conflict-free gold revenues

Heroin traffickers linked to the abduction and disappearance of 43 students a year ago are battling over millions of dollars paid by Canadian mining giant Goldcorp to a village in Mexicos southern gold belt, leading to a wave of murders.

Dec 8, 2015

Gold traders raise bets prices will soon drop to $1,000

Gold has already lost 9% this year.

Dec 8, 2015

India may ban imports of 24-carat gold jewellery to avoid misuse of Asia FTAs

The import duty on the metal was raised to 10 percent in 2013 to curb demand.

Dec 6, 2015

Gold prices shrug off US Fed rate hike fears to reclaim Rs 26,000-mark

In contrast to market expectations, international gold prices remain firm despite an improvement in US employment data.

Dec 5, 2015

Gold prices slump to five-year low on looming US Fed rate hike

Silver prices also fell sharply tracking weakness in gold prices.

Dec 3, 2015

Government considers gold exchange for transparent trade, lower imports

A jeweller who needs gold temporarily can buy it locally instead of importing it, says economic affairs secretary.

Dec 2, 2015

Gold rebounds strongly on increase in physical demand

Overall, international gold prices registered 7% decline in November.

Dec 1, 2015

Gold sees further losses, drops towards lowest level in nearly six years

The precious metal has fallen out of favour as investors position themselves for the first U.S. rate hike.

Nov 30, 2015

Gold demand could dip to eight-year low on rural distress

Consecutive droughts have hit the income of farmers in rural India, weighing on the gold purchases.

Nov 26, 2015

Issue of sovereign gold bond postponed to November 30

Subscription for the sovereign gold bonds was open from November 5 to 20.

Nov 25, 2015

Modi govt's gold bond scheme flops; garners only around Rs 150 crore

Bankers said the high issue price was the biggest dampener.

Nov 22, 2015

Gold prices soar on safe-haven demand after Paris attacks

The metal prices were also underpinned by weak US economic data.

Nov 16, 2015

Gold prices plunge to 3-month low in India on growing fears over US Fed rate hike in December

Gold traded at over 5-year low in overseas markets.

Nov 13, 2015

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