Gold, silver news | Business Line

Gold futures fell 0.21 per cent to Rs 28,148 per 10 grams today as participants indulged in reducing exposures, largely in tandem with a global trend.On the Multi Commodity Exchange, gold f... »

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WGC cautions Govt on jewellery manufacturing base shifting to China

The World Gold Council has cautioned the Government that the gold jewellery manufacturing industry may move out to China if it does not take measures to institutionalise bullion trade in the count... »

Gold recovers on fresh demand; silver slumps

Gold prices witnessed a smart rebound here today on fresh bout of buying from stockists and jewellery makers despite sluggish global sentiment.On the other hand, silver remained under intens... »

Gold futures down at Rs 28,806 per 10 gm

Amid a weak trend overseas and profit-booking by speculators, gold prices fell 0.53 per cent to Rs 28,806 per 10 grams at the futures trade today.On the Multi Commodity Exchange, gold for d... »
Bullion Cues

Gold back in spotlight

Lustrous appeal Gold sees increase in safe haven demand Gold prices were pushed higher on dovish comments in US Fed minutes and likelihood of renewed geopolitical tensions »

If gold touches $1,310/oz, sell

Comex gold futures traded lower on Thursday, as investors cut exposure to gold-backed funds and weighed the impact of Ukraine tensions, while worries over the strength of Chinese demand continued... »

Gold futures down at Rs 28,480 per 10 gm

Gold futures fell 0.33 per cent to Rs 28,480 per 10 grams today as participants indulged in reducing exposures, largely in tandem with a global trend.On the Multi Commodity Exchange, gold fo... »

Gold is old; it’s silver that shimmers

Crowning glory Sonia Gandhi being presented with a silver crown (file photo) Silver has added a sparkle to the assets declared by many women leaders in fray for the Lok Sabha elections, including biggies like Sonia Gandhi and Sushma Swaraj. A spike in the price of the whit... »
Bullion Cues

Gold back in spotlight

Lustrous appeal Gold sees increase in safe haven demand

Gold inched up 1 per cent to $1,318.4 per troy ounce last week. The yellow metal benefited from indications, in the minutes of the Fed’s March meeting, that interest rates might not rise as ea... »

Gold marginally up; silver eases

Gold prices strengthened further here today on the back of consistent demand from stockists and retailer investors amid bullish global sentiment.On the other hand, silver fell back due to s... »

India inks pact with Russia to share diamond trade data

India has signed a memorandum of understanding with Russia to source data on diamond trade between two countries. India is the largest diamond processor, while Russia is the world’s largest... »

Gold futures jump to Rs 28,729 per 10 gm

Gold prices rose 1.1 per cent to Rs 28,729 per ten gram at the futures trading today as speculators enlarged positions, tracking a firm global trend.On the Multi Commodity Exchange, gold... »

Over four-fold increase in smuggled gold in 2013-14

Smuggling of gold has jumped manifold during fiscal 2013-14 due to the Government’s firm decision not to relax import curbs on the precious metal.Data from the Directorate of Revenue Int... »

All that glitters is Rajan?

RBI Governor Raghuram Rajan

Gold halted its slide in the international market, aided by the weak US non-farm payroll numbers. It logged a gain of 0.6 per cent last week and ended at $1,303.5 a troy ounce. The intra-week l... »

Taxmen harassing gold retailers, says jewellery body

Officials of the Tax Department are harassing gold retailers and, in some cases, even confiscating their consignments, according to the All India Gems and Jewellery Trade Federation. »

Gold futures rise to Rs 28,135 per 10 gm

Govt reduces tariff value on gold, silver

China is now world’s largest gold producer and consumer

Stronger equities, $ may take the glitter off gold

Gold, silver skid further on stockists selling

Gold, silver dip further on subdued demand

4 kg gold found on plane

Buy gold if it dips to $1,310

Gold, silver skid on weak global cues

MCX-gold (₹28,500): BUY

The MCX-gold futures contract is in a strong uptrend ever since it began trading in 2003. The contract peaked at ₹35,074 for 10 gm in August 2013 and had tumbled 19 per cent in just two months to... »

Gold futures down at Rs 28,806 per 10 gm

Amid a weak trend overseas and profit-booking by speculators, gold prices fell 0.53 per cent to Rs 28,806 per 10 grams at the futures trade today.On the Multi Commodity Exchange, gold for d... »

Your taxes

I have around 200 grams of gold, which was purchased in 1986. I want to sell it and invest the entire amount in property. What would be the tax implications of this transaction?»

Gold appraisal course

Micro, Small and Medium Enterprsies (MSME) – Development Institute will hold a six-day professional certificate course on gold appraisal from April 28 at MSME-DI, Bangalore, for th... »

Gold, silver imports decline 40% to $33.5 bn in 2013-14

Gold and silver imports declined 40 per cent to $33.46 billion in 2013-14 mainly due to restrictions imposed by the Government on inbound shipments of the precious metal to narrow the current acco... »

Gold rises to two-week high as Fed minutes spur demand

Gold today rose to a two-week high as US Federal Reserve minutes played down forecasts by some of the bank’s own policymakers that interest rates might rise faster than they previously predicted.»

Huge gold haul at airport

Seizure of gold continues unabated at the Rajiv Gandhi International Airport, Shamshabad. Customs officials today revealed a rich haul of over 15 kg gold valued at more t... »

Gold eases on lower offtake; silver plunges

Gold prices declined modestly today due to stockists selling amid lack of buying interest from retailers and investors.Silver plunged sharply below the key Rs 43,000 per kg mark on the back... »

Customs officials seize 1.5 kg of gold at Hyderabad airport

In yet another incident of gold being smuggled into India through the Rajiv Gandhi International Airport here, Customs officials seized about 1.5 kg of gold bars worth ₹43 lakh from two passengers... »

Shilpa Shetty enters jewellery biz

Bollywood actress Shilpa Shetty Kundra and her entrepreneur husband Raj Kundra have ventured into the jewellery business with the launch Satyug Gold. The company has opened seven stores in... »

Ace Exchange launches Goldhedge

Gold futures down at Rs 28,073 per 10 gm

Gold, silver up on fresh buying

Look to sell gold on rallies to $1,308-12 an ounce

Gold slips further; silver recovers

Federal Reserve’s hint derails gold

Reduce gold import duty to curb smuggling: Assocham

Gold at 3-week low on Fed’s interest rate move