The government has hiked the import duty on gold to 15% from 10.75% earlier. The decision comes in view of the falling Indian rupee which last week hit a record low of Rs 79 against the US dollar
In the previous trade, the yellow metal settled at Rs 50,852 per 10 gram. Silver also fell by Rs 664 to Rs 59,781 per kg from Rs 60,445 per kg in the previous...
The rupee appreciated by 7 paise to settle at 77.98 (provisional) against the US dollar on Monday as crude oil prices retreated from elevated levels
In the previous trade, the yellow metal settled at Rs 50,386 per 10 grams
The price of Gold has further fallen.
In the international market, gold was trading lower at USD 1,858 per ounce and silver was trading flat at USD 21.54 per ounce.
Jewellers can now only sell hallmarked gold jewellery and other items in India, according to the latest notification of Bureau of Indian Standards
In the previous trade, the precious metal settled at Rs 50,788 per 10 grams. Silver also zoomed by Rs 133 to Rs 61,717 per kg from Rs 61,584 per kg in the...
"Spot gold prices for 24 carat gold in Delhi fell by Rs 205 reflecting overnight decline in COMEX gold prices," said Tapan Patel, Senior Analyst (Commodities)...
In the previous trade, the precious metal finished at Rs 50,453 per 10 grams. Silver also rallied by Rs 918 to Rs 61,776 per kg from Rs 60,858 per kg in the...
On Tuesday, after early gains, the Sensex slipped 236 points or 0.43 per cent to settle at 54,052 points, whereas the Nifty 50 Index dropped 89.55 points or...
On the Multi Commodity Exchange, gold contracts for June delivery traded higher by Rs 147 or 0.29 per cent at Rs 50,020 per 10 grams in a business turnover of...
Imports during the month under review grew by 30.97 per cent to $60.3 billion. The trade deficit in April 2021 was $15.29 billion.
A lot of people are investing in gold, thanks to the global instability and uncertainty. But they should also keep themselves updated on how each of these...
If buying gold is on your to-do list this Akshaya Tritiya, then take a pick from the four types of gold investment avenues available across physical and...
In the international market, gold was trading lower at USD 1,880 per ounce and silver was flat at USD 22.62 per ounce.
Trading in options including gold mini options needs some discipline, dedication and knowledge. Here are the key things you need to keep in mind beforehand....
MCX recently launched their Gold Mini Options with the Gold MIni Futures (100 grams) as the underlying. Read on to find out what benefit it gives and what all...
The price of gold has risen sharply in Q1 2022 due to geopolitical concerns, inflation, and other factors. Thus, while gold investments have gone up, gold...
In terms of value, gold demand dropped 12 per cent to Rs 61,550 crore in the January-March period.
Outlook Money spoke to Shivanshu Mehta, Head-Bullion, MCX about the recently launched Gold Mini Options with Gold Mini (100 grams) Futures as underlying...
Currently, GST is a four-tier structure of 5, 12, 18 and 28 per cent. Besides, gold and gold jewellery attract a 3 per cent tax.
The company, which has a strong gold loan franchise in south India, on Tuesday, announced the launch of its gold loan product across 70 branches in Punjab,...
In a circular, the markets regulator said it has been decided that investment in such commodities by the mutual fund schemes will be assigned a risk score...
Most Sovereign Gold Bond issues are trading below the spot gold price. Here’s why that happens and why you shouldn’t panic and book your losses and stay...
