Gold and silver were trading over 0.50 per cent higher in early trade on Thursday on the Multi Commodity Exchange (MCX) amid buying of the precious metals by jewellers, retailers and industries following a decline in the US dollar against
Bullion India Blog
The year 2016 started with a big promise for gold as it turned around its falling fortunes for three straight years and came up as investors’ top choice, but the rally all but fizzled out ahead of the new year.
India is a gold crazy country. Despite that, not too many organized methods of gold purchase are available in the country. The only method people resort to is either purchase of physical coins or jewellery, stated Mr. Sachin Kothari, Director
The Centre is considering a lower 3 per cent goods and services tax (GST) rate on gold even as the industry sticks to its demand to keep it at a lower rate of 1.25 per cent. The proposal would
The government’s latest demonetisation move could drive up gold imports in November but demand outlook for the precious metal remains weak even in the short term, as cash runs dry, especially in key rural markets. The bullion industry panicked
There is a silver lining to the decline in gold prices A clear sign that buyers are back is the increase in sales being witnessed across the bullion and jewellery industry. With a view to provide an easy and convenient