Precious Metals

18 Aug 17
South Korean gold import: Govt revenue loss to cross Rs 700 cr by month-end
04:55 AM
Zero-duty gold imports from South Korea, under the free trade agreement (FTA) route have crossed 15 tonnes since the rollout of goods and services tax (GST) on July 1, and another 10 tonnes are expected to come by the month's end, according to informed
09 Aug 17
Rupee rally to slow export of non-basmati rice
08:17 AM
India was offering 5 percent broken parboiled rice this week at around $410 a tonne, free-on-board (FOB) from Kakinada port on the east coast.
03 Aug 17
Indians are stocking up on gold, jewellery demand soars 41% in Q2CY17: WGC
11:31 AM
India’s insatiable appetite for gold jewellery was evident once again in the second quarter of calendar year 2017 (Q2CY17).
02 Aug 17
ICEX to attract small traders to diamond futures
02:11 AM
The Indian Commodity Exchange Ltd (ICEX), a Reliance ADAG-anchored platform, is set to facilitate trading and delivery of smallest tradeable polished diamonds on its platform, and the exchange is scheduled to launch futures trading by the end of August.
27 Jul 17
Now, gold importers misusing FTA route for money laundering
01:44 AM
If industry experts are to be believed, the recently implemented goods and services tax (GST) regime might have inadvertently opened a channel for gold importers to launder money out of the country.
25 Jul 17
New good delivery norms for gold: BIS wants independent monitoring body
01:20 AM
With the bullion industry aiming to create Indian good delivery standards for gold that are in sync with globally acceptable LBMA standards, India's quality specification and regulating agency, the Bureau of Indian Standards, has expressed the view
21 Jul 17
Gold hits 3-week high in Singapore, as dollar dives to 13-month low
03:41 PM
Gold hit a three-week high on Friday and was on track for a second straight weekly gain as the dollar tumbled to a 13-month low.
20 Jul 17
Proposed gold exchange to have its own good delivery norms
05:21 AM
In a move that will set the stage for setting up a spot exchange for gold trading, help make gold trade transparent and eveolve an  India-based gold price, the government is considering formulating good delivery standards and responsible gold
11 Jul 17
Gold loses sheen, silver plunges below Rs 36,000
02:30 AM
Falling for the tenth straight day, gold prices cracked below the Rs 28,000-mark by losing another Rs 390 per 10 grams at the bullion market on the back of weak overseas cues amid muted demand from local jewellers.
05 Jul 17
GST regime: Tax hike could increase illegal gold sales
06:31 AM
A hike in taxes on gold sales in India could stoke under-the-counter buying and drive up appetite for precious metal smuggled into the country, where millions of people store big chunks of their wealth in bullion and jewellery.
29 Jun 17
Weaker dollar and stock market jitters drive gold higher
07:08 AM
Gold prices rose on Wednesday as the dollar weakened and stock markets fell after a delayed US healthcare bill increased doubts about President Donald Trump's ability to pass economic stimulus measures.
05 Jun 17
Oil prices jump after Saudi Arabia and Arab allies cut ties with Qatar
11:41 AM
Saudi Arabia and key allies on Monday cut ties with Qatar, accusing it of supporting extremism, sending shockwaves through the energy industry as the countries involved include the world's top oil and liquefied natural gas (LNG) exporters.
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