But those seeking greater safety should stick to SGBs or gold ETFs
Gold jewellery retailers are expected to witness 12-14 per cent growth in revenue during 2021-22, driven by stable gold prices and recovery in discretionary spending
Higher imports by the world's second-biggest bullion consumer could support benchmark gold prices , which have corrected nearly 12% from an all-time high of $2,072 in August 2020
Joyalukkas may file a draft prospectus by end of November or early December: report
Industry wants relaxations to be notified at the earliest
In New Delhi, the price stands at Rs 47,140 per 10 gm. For Mumbai, the yellow metal is selling at Rs 47,380, while, in Chennai, it is at Rs 45,470
Demand for gold in India jumped 19.2 per cent in the April - June 2021 quarter to 76.1 tonnes, suggests the latest report from World Gold Council (WGC)
The government on Tuesday said mandatory hallmarking of gold jewellery is being implemented in phases since June 16, and a circular saying it has been withdrawn is "fake".
Karnataka Authority for Advance Ruling has held that in case of resale of second-hand gold jewellery, jewellers have to pay GST only on the profit earned from such sale
In New Delhi, the price of 22-carat gold was hiked to Rs 47,300 per 10 gm on Friday
The World Gold Council and Gems and Jewellery Export Promotion Council (GJEPC) have signed an agreement to promote gold jewellery in India this year, according to a statement
Odisha Food Supplies and Consumer Welfare Minister Ranendra Pratap Swain Tuesday said that mandatory hallmarking of gold jewellery has been implemented in eight districts of the state
The Centre on Tuesday said mandatory hallmarking of gold jewellery and artefacts will come into force from June 16 in a phased manner and initially will be implemented in 256 districts of the country. A decision in this regard was taken after a meeting chaired by Consumer Affairs Minister Piyush Goyal with industry stakeholders. In November 2019, the government had announced that hallmarking of gold jewellery and artefacts would be made mandatory across the country from January 15, 2021. But the deadline was extended for four months till June 1 and later till June 15 after the jewellers sought more time in view of the pandemic. Gold hallmarking is a purity certification of the precious metal and has been voluntary in nature so far. "Continuing our government's endeavour for better protection & satisfaction of customers, mandatory hallmarking in 256 districts will be implemented from June 16, 2021. No penalty will be imposed till August 2021," Consumer Affairs Minister Piyush ...
Gold prices inched up marginally in India despite sliding in the bullion markets amidst the strong dollar
In New Delhi, the price of 22-carat gold was down to Rs 47,890 per 10 gm
Gold prices traded flat in India on Thursday despite easing in the international markets ahead of the release of the US inflation data
In New Delhi, the price of 22-carat gold is at Rs 48,050 per 10 gm
In New Delhi, the price of 22-carat gold is at Rs 47,950 per 10 gm. In Chennai, it dipped to Rs 46,050
The gold prices stood steady in India despite its decline in the bullion markets on lower US job claims