Back to homepage

Tag "gold imports"

Gold prices today hit all-time high as investors rush to safety

Gold prices today hit all-time high as investors rush to safety 0

🕔15:58, 7.Apr 2020

Gold and silver leaped higher on Tuesday amid investor rush to safe-haven assets as the coronavirus cases rose over 4,000 in India, making riskier assets like equities less lucrative. With businesses shut in several cities in India amid rising threat

Read Full Article
‘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

Read Full Article
India’s March Gold Imports Hit 6-1/2-Year Low On Record Price – Government Source

India’s March Gold Imports Hit 6-1/2-Year Low On Record Price – Government Source 0 Updated

🕔12:10, 6.Apr 2020

India’s gold imports plunged more than 73% year-on-year in March to their lowest in 6-1/2 years as record domestic prices and a lockdown to curb the spread of coronavirus squeezed retail demand, a government source said on Monday. The world’s second-biggest consumer

Read Full Article
Sale of old gold may surge after lockdown, say jewellers

Sale of old gold may surge after lockdown, say jewellers 0 Updated

🕔12:21, 3.Apr 2020

Kolkata: Sales of old gold are likely to surge once the 21-day lockdown is over as people will likely liquidate the yellow metal, which is now trading at Rs 45,000 per 10 gms, to generate cash in hand. The gold

Read Full Article
Gold imports in FY20 fell to a decade low, March saw 75% decline

Gold imports in FY20 fell to a decade low, March saw 75% decline 0 Updated

🕔18:46, 1.Apr 2020

Gold imports took a sharp hit in FY20 following a series of developments — the latest being the coronavirus pandemic — which, on the other hand, pushed the price of the precious metal to record highs. The import is estimated at 559.6

Read Full Article
Jewellers to sell only 14, 18, 22 carat hallmarked gold jewellery from Jan 2021: Ram Vilas Paswan

Jewellers to sell only 14, 18, 22 carat hallmarked gold jewellery from Jan 2021: Ram Vilas Paswan 0 Updated

🕔12:35, 15.Jan 2020

Jewellers can sell only hallmarked jewellery and artefacts made of 14, 18 and 22 carat gold from January 15, 2021 and violation of this will attract penalty and imprisonment of one year, Consumer Affairs Minister Ram Vilas Paswan said on

Read Full Article
‘Gold imports to Gujarat in 2019 lowest since 2004’

‘Gold imports to Gujarat in 2019 lowest since 2004’ 0

🕔18:24, 6.Jan 2020

AHMEDABAD: Amid an overall slowdown, skyrocketing gold prices and dwindling demand for jewellery, yellow metal imports in Gujarat in 2019 was the lowest since 2004, said market experts. Gold imports stood at 41.6 metric tonnes (MT) according to data by

Read Full Article
India’s November gold imports jump to 5-month high as prices retreat

India’s November gold imports jump to 5-month high as prices retreat 0 Updated

🕔11:46, 4.Dec 2019

India’s gold imports in November jumped 78% from a month earlier to the highest level in five months as jewellers in the world’s second-biggest market for the metal restocked after a fall in prices, a government source said on Tuesday.

Read Full Article
Falling demand for gold is good for the economy

Falling demand for gold is good for the economy 0 Updated

🕔16:37, 11.Nov 2019

The 66 per cent fall in gold imports in the July-September 2019, from a year ago as well as from the previous quarter, is a welcome development for the economy and particularly for the country’s import bill, given that gold

Read Full Article

Subscribe to Our Mailing List



Advertisement