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Married Women Allowed 500 Gram Gold, Unmarried Women 250 Gram, Clarifies Government

The government’s clarification today on whether new tax proposals for undeclared wealth will apply to gold and other jewellery dragged into the spotlight a 26-year-old rule that says married women are entitled to more gold than unmarried women. Jewellery that

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Jewellers See Festive Demand Rising 10-20% this Year

Jewellers are offering discounts of up to 50% on making charges to attract consumers in the ongoing festive season in the hope that the surge in rural demand will more than make up for the almost 10% higher gold prices

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Gold panned despite stellar performance.

Despite gold’s stellar performance so far this year, The Financial Times chose to headline a front page article “Gold loses shine as Fed decision looms.”  In the Commodities Section, a second piece was titled “Gold heads for monthly drop after

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PAN card must for cash transactions over 50,000 from January 1

Furnishing PAN will be mandatory from Friday for cash transactions such as hotel or foreign travel bills exceeding ` 50,000 – a move aimed at curbing the black money menace. Besides, PAN will be a must for all transactions, including

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Gold struggles near 2-1/2-week low on U.S. jobs data

Gold extended losses into a fourth straight session on Monday, struggling near a 2-1/2-week low after U.S. payrolls data failed to provide clarity on the timing of a Federal Reserve rate hike. FUNDAMENTALS Spot gold dropped 0.3 percent to $1,118.73

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Euro Issues Will Underpin Gold Prices

The Greek Eurozone creditors that have been keeping Greece afloat since 2010 have extended the country’s bailout by four months however it is only the beginning from what we see as a number of key flash points facing the Eurozone

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