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Don’t miss the latest developments in business and finance.
Despite price fall, domestic gold trading at a discount to imports
In Mumbai, the yellow metal is going at a discount of $7-10 per ounce while in Ahmedabad it is $7
High duty may extend slack season for gold, keep prices in check for now
Gold domestic futures jumped by about 3 per cent to over Rs 52,000 per 10 gram in initial trading
Sharp rise in gold smuggling likely after duty hike, govt gets into action
Revenue intelligence officials asked to tighten vigilance; bullion analysts foresee 300-tonne spike off the record
Gold duty cut may become a sticking point in India-EFTA talks
India is in a spot as its already grappling with a surge in gold imports from its FTA partners, including South Korea and Asean member Indonesia