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Tag "Bullion dealers"

Gold demand revives as jewellers start restocking for festive and wedding season

Gold demand revives as jewellers start restocking for festive and wedding season 0

🕔18:10, 21.Oct 2020

Until a week ago, bullion dealers were offering discounts on gold. But with the onset of Navratri demand, they have started charging a premium over the official price of gold. Kolkata: Gold is commanding a premium of $1 per troy ounce on

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Bullion dealers double the discount on weak demand

Bullion dealers double the discount on weak demand 0 Updated

🕔12:25, 6.Jan 2020

Kolkata: Slack demand and an oversupply of gold have prompted bullion dealers to offer a higher discount on the precious metal to jewellers. Discount on gold has doubled in the first week of 2020 from the previous week to $8

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Hallmarking move may change gold market dynamics

Hallmarking move may change gold market dynamics 0

🕔13:48, 3.Dec 2019

Kolkata: The government’s decision to make hallmarking mandatory for gold jewellery from January 15, 2021, is likely to change the dynamics of the market for the next one year. Bullion dealers and jewellers said that in the run-up to the mandatory hallmarking, jewellers will push non-hallmarked jewellery to

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Jewellery association to launch e-commerce platform for gold trading

Jewellery association to launch e-commerce platform for gold trading 0

🕔13:36, 29.Nov 2019

For the first time, a jewellery association has decided to launch its own e-commerce website to connect bullion dealers and jewellers with each other. The industry has been favouring a spot exchange for bullion trading, but so far the government

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First time since Budget, gold trading at 0.5% premium over landed cost

First time since Budget, gold trading at 0.5% premium over landed cost 0

🕔18:52, 15.Nov 2019

Even as demand for gold remains weak, its price has seen some turnaround in the past two months. The yellow metal now trades at a 0.5 per cent premium over its landed cost, compared to a 4 per cent discount

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