Precious Metals

30 Nov 16
Demonetisation: Surat, world's diamond polishing hub, faces a big cut
07:22 AM
It was the evening of November 8 and Surat-based diamantaire Arjanbhai Ambaliya's family was just back in their Gandhinagar hotel after a day of touristy travel through the city. They were already discussing the next vacation in Udaipur.
29 Nov 16
Hallmarking of gold and silver jewellery only voluntary: Govt
02:26 PM
Hallmarking of gold and silver jewellery in India is voluntary and there are 409 Bureau of Indian Standards recognised Assaying and Hallmarking (A&H) centres in the country, Lok Sabha was informed on Tuesday.
Govt working on lower costs for cashless sales in jewellery
01:48 AM
Piyush Goyal, Union power minister, told jewellers in South Mumbai on Saturday to go cashless and assured them the government was working on reducing the costs involved in such transactions.
25 Nov 16
Post-demonetisation, Mumbai's gold markets look dull, deserted
03:38 PM
Post-demonetisation, Mumbai's bustling and glittering Zaveri Bazar, the national bullion and jewellery market, wears a forlorn, deserted look.
Modi govt might impose curbs on domestic gold holdings: Reports
12:24 PM
The government might impose curbs on domestic holdings of gold as Prime Minister Narendra Modi intensifies the Centre's fight against black money, news agency NewsRise reported, citing an unnamed finance ministry official.
Note ban creates ripples in global bullion market
01:29 AM
The comments of US-based strategic investor Nigam Arora on the gold price fall being driven by India has been impacting the global bullion market since Wednesday.
24 Nov 16
Gold loses most liquid asset status
01:40 AM
Gold has traditionally been considered this country’s most liquid asset — at any time, people were prepared to give cash against it. After the demonetisation, that has changed.
21 Nov 16
Jewellers hit, offer 1% discount on gold for online transfer of funds
08:44 AM
Sales persons wait for customers at a gold jewelry showroom in ChandigarhFollowing the central government’s demonetisation drive and the subsequent searches by income-tax authorities, jewellers have adopted various methods o keep their sales
Gold worth $2.1 bn imported within nine days of demonetisation
01:33 AM
Photo: Shutterstock The demonetisation move seems to have brightened jewellers’ fortunes with many of them selling gold at 40-60% premium against accepting the banned currency notes.
18 Nov 16
Demonetisation: Jewellers start cancelling gold import orders as I-T scrutiny looms
08:45 AM
In the past couple of days, with the I-T department issuing 600 notices to jewellers, and also asking banks to report deposits, the thrifty “business&" of transferring old currency into gold has been hit Photo: ReutersSeveral small
17 Nov 16
Relax, govt is not freezing your diamonds: Don't believe these 6 rumours
01:09 PM
Picture of Rs 2000 note.
16 Nov 16
Gold rises as US dollar pares gains citing potential economic policies of president-elect Donald Trump
10:35 AM
Gold prices on Wednesday added to gains made in the previous session as the US dollar weakened, with investors showing concern over the impact of the potential economic policies of US president-elect Donald Trump.
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