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Gold price today at Rs 55,200 per 10 gm, silver falls to Rs 65,500 per kg

Gold price today at Rs 55,200 per 10 gm, silver falls to Rs 65,500 per kg 0

🕔12:56, 28.Aug 2020

In New Delhi, the price of 22-carat gold jumped to Rs 50,600 per 10 gram, and in Chennai to Rs 49,750 Gold prices today rose to 55,200 from Rs 54,380 per 10 gram a day before, while silver fell to Rs

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SBI mobilises 13,212 kg gold through Gold Monetisation Scheme

SBI mobilises 13,212 kg gold through Gold Monetisation Scheme 0

🕔12:56, 23.Jun 2020

State Bank of India (SBI) has mobilised 13,212 kg of household and institutional gold through the Gold Monetisation Scheme (GMS), according to the state-owned bank’s annual report. It added that the country’s largest lender collected as much as 3,973 kg

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Gold demand may shift from jewellery, says WGC India MD.

Gold demand may shift from jewellery, says WGC India MD. 0

🕔17:19, 5.May 2020

  The gold market in India might see a significant shift in consumer behaviour once the nationwide lockdown is lifted. While Indian buyers have traditionally preferred jewellery over other forms of gold, record high prices and social distancing norms may

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Congested jewellery shops may keep people away from buying gold, silver even after lockdown ends

Congested jewellery shops may keep people away from buying gold, silver even after lockdown ends 0

🕔12:22, 23.Apr 2020

It is unfortunate that the impact of the current lockdown on the gold jewelry industry is extremely stressful. In fact, once the lockdown is lifted this is one industry that will find getting back to normalcy tougher than other sectors.

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World Gold Council plans consumer marketing in India, promotes digital gold

World Gold Council plans consumer marketing in India, promotes digital gold 0

🕔20:55, 22.Apr 2020

Faced with an unprecedented decline in demand, the World Gold Council (WGC) is planning to start consumer marketing of gold in India. In a conference call, David Tait, chief executive officer (CEO), WGC, said, “There is a feeling of depression in the bullion industry due to a

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‘Tactical allocation to gold may go up if uncertain times continue’

‘Tactical allocation to gold may go up if uncertain times continue’ 0

🕔14:01, 7.Apr 2020

As economies around the globe slip into recession, gold is taking centre stage. Somasundaram PR, managing director, India, World Gold Council, tells us how investors should read the economic and monetary cues that will have an impact on gold and

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Freecharge joins hands with SafeGold to launch digital gold offering

Freecharge joins hands with SafeGold to launch digital gold offering 0 Updated

🕔13:17, 24.Oct 2019

Perfectly timed for the upcoming festive season, Freecharge on Wednesday announced the launch of digital gold offering for its customers. The service is launched in collaboration with SafeGold. This offering will enable customers to easily buy gold online, eliminating the

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How to make the most of gold investment: Forget jewellery, put your money in these instruments

How to make the most of gold investment: Forget jewellery, put your money in these instruments 0

🕔17:19, 27.May 2019

Indians are fond of gold jewellery. It is very popular among Indian women and this is why India is one of the largest consumers of the yellow metal globally. However, for mere 10gm of gold, you may need to save

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Online Payment Firms Find Their Golden Goose in Festive Sales

Online Payment Firms Find Their Golden Goose in Festive Sales 0 Updated

🕔11:36, 13.May 2019

BENGALURU: Digital payment firms are seeing increased sales during festivals like Akshaya Tritiya backed by attractive offers. Bengaluru-based PhonePe said that it saw a six times jump in value of gold purchases on Tuesday last week because of Akshaya Tritiya.

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How Different Gold Forms are Taxed in India

How Different Gold Forms are Taxed in India 0 Updated

🕔14:53, 10.Apr 2019

Purchasing gold and investing in the yellow metal has been largely considered auspicious, as far as the buying preferences in India are concerned. A number of families and women still choose gold over other conventional investment options such as bank

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