Gold | The Asian Age

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Prices fell due to easing demand from local jewellers even as gold gathered steam overseas, said traders. (Photo: Representational)

Gold prices fall Rs 400 on lacklustre demand

Silver also declined Rs 125 to Rs 39,075 per kg due to reduced offtake by industrial units.

12 Jul 2019 4:05 PM

Globally spot gold was trading at USD 1,420.80 an ounce. Similarly, silver was also up at USD 15.24 per ounce in New York.

Gold prices zoom Rs 930 on firm global cues

Gold is trading at Rs 35,800 per 10 gram tracking positive overseas trend after US Federal Reserve Chairman hinted at a rate cut.

11 Jul 2019 4:10 PM

Sovereign gold also held steady at Rs 27,300 per eight gram. (Photo: Representational)

Gold, silver prices remain flat

In Delhi, gold of 99.9 per cent and 99.5 per cent purity held flat at Rs 34,870 per 10 gram and Rs 34,700 per 10 gram.

10 Jul 2019 3:51 PM

According to the All India Sarafa Association, gold of 99.9 per cent and 99.5 per cent purity plummeted Rs 600 each to Rs 34,870 per 10 gram and Rs 34,700 per 10 gram, respectively, in the national capital. (Photo: Representational)

Gold plunges Rs 600 on weak global cues, muted demand

Globally, spot gold was trading lower at USD 1,394.39 an ounce, while silver was down at USD 15.08 per ounce in New York.

09 Jul 2019 4:02 PM

Globally, gold was trading higher at USD 1,403.59 an ounce in New York, while silver was up at USD 15.05 per ounce.

Gold prices rule flat after two-day rally on custom duty hike

Gold is trading at Rs 35,470 per 10 gram in the bullion market here after rising for two consecutive days post Budget.

08 Jul 2019 4:04 PM

The gems and jewellery industry has expressed disappointment with the Union Budget 2019-20.

Hike in gold import duty part of policy to curb non-essential imports: Revenue Secy

Hike in gold import duty to 12.5 per cent from 10 per cent could lead to problems like smuggling.

08 Jul 2019 11:39 AM

This decision has been carefully taken. The government has assessed that (smuggling) dimension as well, said Finance Secretary Subhash Chandra Garg. (Photo: PTI | File)

Govt assessed smuggling dimension while raising import duty on gold: Finance Secy

Finance Minister Nirmala Sitharaman hiked import duty on gold and other precious metals in Budget to 12.5 pc from 10 pc.

07 Jul 2019 1:45 PM

India, the world’s second biggest gold consumer after China, were offering discounts of up to USD 30 an ounce.

Gold discounts at three-year peak after import duty increase

Gold futures jumped more than 2 per cent following the budget announcement to hit a record high of 35,100 rupees per 10 grams.

06 Jul 2019 1:12 PM

The bullion industry has been demanding lowering of import duty on gold to 4 per cent from 10 per cent as the current account deficit has lowered to much comfortable levels compared to what it was in 2011 and 2012.

Budget 2019: Gold and silver all set to become costlier by 2.5 per cent

Apart from the duty hike, rupee appreciation too lifted gold prices by Rs 900.

06 Jul 2019 6:53 AM

In the national capital, gold of 99.9 per cent and 99.5 per cent purity surged by Rs 590 each to Rs 34,800 and Rs 34,630 per 10 gram, respectively, according to the All India Sarafa Association. (Representational Image)

Gold prices zoom Rs 590 on custom duty hike

The government in Budget 2019 proposed to increase custom duty on gold and other precious metals to 12.5 per cent.

05 Jul 2019 4:07 PM

Sitharaman said surcharges on individuals having taxable income of Rs 2 crore to Rs 5 crore; and Rs 5 crore and more have been raised.

Budget 2019: Cess on petrol, diesel hiked by Re 1 per litre

Finance minister also announced TDS of 2 per cent on cash withdrawal of more than Rs 1 crore from a bank account.

05 Jul 2019 2:26 PM

According to a conservative estimate of Directorate of Revenue Intelligence (DRI), the total market of smuggled gold in India is nothing less than Rs 9,000 crore.

Myanmar major contributor of smuggled gold to India

Smuggled yellow metal is Rs 400-500 cheaper per gram with 99.76% purity.

05 Jul 2019 1:08 AM

Globally, gold was trading lower at USD 1,413.46 an ounce in New York and silver was down at USD 15.26 an ounce.

Gold, silver fall on weak overseas trend, profit-booking

Gold of 99.9 per cent and 99.5 per cent purity declined Rs 170 each to Rs 34,210 and Rs 34,040 per 10 gram, respectively.

04 Jul 2019 3:53 PM

Globally, gold was trading higher at USD 1,425.95 an ounce, while silver was up at USD 15.31 an ounce in New York.

Gold glitters, jumps Rs 260 on strong global trend, jewellers' buying

Gold is trading at 34,380 per 10 gram at the bullion market here, supported by firm global trend and increased demand from local jewellers.

03 Jul 2019 3:24 PM

Globally, gold was trading higher at USD 1,416.84 an ounce, while silver was quoting lower at USD 15.16 an ounce in New York.

Gold, silver slide on easing demand

Gold is trading at Rs 34,285 per 10 gram in the national capital on Friday on easing demand from jewellers.

28 Jun 2019 4:01 PM

Globally, gold was trading lower at USD 1,403.72 an ounce, while silver was quoting lower at USD 15.20 an ounce in New York. (Representational Image)

Gold climbs Rs 180 on buying by jewellers despite weak global trend

Gold of 99.9 pc and 99.5 pc purity jumped by Rs 180 each to Rs 34,350 and Rs 34,180 per 10 gram, respectively.

27 Jun 2019 4:02 PM

Globally, spot gold was trading lower at USD 1,408.57 an ounce after hovering near six-year highs on Tuesday, while silver was down at USD 15.22 an ounce in New York.

Gold plunges Rs 300 on weak global cues, muted demand

Gold is trading at Rs 34,170 per 10 gram in the national capital Wednesday due to tepid demand from local jewellers.

26 Jun 2019 4:00 PM

Of late, customers are not used to such a jump in prices, said Anantha Padmanabhan, chairman of the All India Gem and Jewellery Domestic Council. (Photo: File)

India's gold demand could fall to three-year low as prices hit record high

Local gold prices hit a record 35,960 rupees per 10 grams on Tuesday, having jumped more than 10 per cent over the past month.

26 Jun 2019 12:41 PM

Globally, gold prices were trading higher at USD 1,429.80 an ounce, while silver prices were up at USD 15.52 an ounce in New York.

Gold glitters, jumps Rs 200 amid positive global market

Gold is trading at Rs 34,470 per 10 gm in the national capital Tuesday on increase in demand from local jewellers.

25 Jun 2019 4:10 PM

Gem and jewellery industry approached govt for reduction in customs duty on gold in the Union Budget for the fiscal 2019-20.

Gem and jewellery industry seeks lower customs duty on gold

The council has also urged the government to allow EMI purchases of jewellery, which the RBI currently does not allow.

24 Jun 2019 6:02 PM

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Shobhaa De