Gold has resistance at $1,362, with crucial long term resistance in the $1,300 area
Traders say, in India the cash crunch forcing retail consumers to trim purchases
Globally, the metal has been a safe haven so far, due to Brexit, weaker Euro & rising crude prices
Sebi may regulate it under powers for investors' protection
US gold futures rose 0.24 per cent to $1,254.40
Globally, gold fell 0.13 per cent to $1,235.40 an ounce in New York yesterday.
HelloGold's hybrid virtual marketplace lets consumers buy and sell gold, reports Tech in Asia
His personal search resulted in recovery of two gold bars of 1000 grams each and one gold bar of 100 grams
Plan to further strengthen retail presence for better margins
If the US starts a trade war and follow weak dollar policy, later in 2017 gold will rise
A 72-year-old Italian woman, who claims to be a staunch devotee of Saibaba, has donated a gold crown worth about Rs 28 lakh to the famous temple here. Selini Doloras alias Sai Durga yesterday donated the gold crown, weighing around 855 gms and studded with gems, to the temple, Shri Saibaba Sansthan trustee Sachin Tambe said. The woman is a staunch follower of Saibaba for past nine years and visits Shirdi every month. Earlier, she had donated two 'rudraksha' (seed traditionally used for prayer beads) strings having gold covering, worth around Rs 25 lakh, to the Saibaba temple, Tambe said. The woman told PTI that she intends to build a huge Saibaba temple in Italy. She kept a construction map of the proposed temple at the foot of Saibaba's idol here yesterday to seek his blessings.
Independent estimate shows that gold with temple could be between 3,000-4,000 tons across the country
ED arrested 18 people and identified 17 others indulged in alleged money laundering activities
Political uncertainty in the United States has been fueled by President Donald Trump's policies
Elsewhere in Asia, demand remained subdued
Lower demand from the world's second biggest consumer could rein in global prices
According to WGC data, the total demand in 2015 stood at 4,216 tonne
Gold prices are down 5.5% since election and have fallen 10.5% over last six months
The import duty on gold is 10 per cent. India is the world's second-largest consumer of gold
Plans auction of gold collected through monetisation scheme