Page 44 - Gold

Gold faces US Fed heat, sheds Rs 200 per 10 grams; tepid demand hurts

Silver too cracked below the Rs 41,000-mark by falling Rs 450 to Rs 40,950 per kg

Get this: Indians have Rs 66 lakh crore worth of gold, reveals wealth report

However, the report said that the proportion of investments in physical assets such as gold and real estate will reduce overtime

Gold loses Rs 100 due to cash crunch, hits Rs 28450

Silver, however, strengthened by Rs 100 to Rs 41,500 per kg

Gold falls to 10-month low on Fed rate hike bets

Gold prices sank to their lowest in more than 10 months on Monday

16 kg gold biscuits recovered from baby diapers at Indira Gandhi International Airport

Officials said the recovery was made around 7:00 AM when a group of six passengers arrived from Dubai

Investors lock profit in gold ETF, take out Rs 588 cr in April-November

The outflow meant asset under management (AUM) of gold funds plunged by more than 5 per cent last month

Gold imports surge in November

Of the estimated 100 tonnes of import, around 70% could be lying in the vaults due to evaporating consumer demand

67.4 kg gold misplaced from vaults: Customs asked to take urgent steps to sell seized gold

The sale price, irrespective of the form of gold, is based on the closing market price of the previous day

Global gold prices hit a 6-month low, tumble below Rs 29,000

Prices of silver also declined to Rs 41,100 per kg due to reduced offtake

Cash controls, imports curbs: The perfect storm that's sinking gold

A stronger dollar, spiking bond yields and rising optimism over the outlook for financial markets has hobbled gold, while the traditional saviours of a falling market, Indian and Chinese gold buyers, are hamstrung by cash controls and import curbs.

Gold import to determine size of India's current account deficit : Icra

Icra expects India's CAD to be curtailed under $20 billion in FY2017, lower than around $22 billion in FY2016

Will gold holdings be taxed? All your queries answered here

If you can satisfactorily explain the source of income, then you can hold any amount of gold without being taxed

Make sure your gold is accounted for

If you don't have bills, look up your bank records or ask your jeweller to reissue bills

Gold dips ahead of US jobs data, heading for weekly loss

Bullion is highly sensitive to rising interest rates, which make the non-yielding asset less attractive while boosting the dollar

No proposal to cut import duty on gold: Govt

Gems and jewellery exporters have demanded cut in the import duty to boost exports

Gold in your locker is safe: No jewellery seizure up to 500 gm for married women

Legitimate holding of jewellery up to any extent is fully protected

Gold rises from 10-month lows as dollar sags

Gold was trading down 0.7% for the week, on track to post a fourth consecutive weekly decline

Gold tumbles on developments in India, China

Gold prices have tumbled in a little over a month from $1,300 an ounce to $1,167

All you need to know about tax on gold and jewellery

There will be no seizure of gold jewellery and ornaments to the extent of 500 gm per married woman, 250 gm per unmarried woman and 100 gm per male member

Gold, jewellery inherited or acquired through disclosed income will not be taxed

No seizure of gold jewellery to extent of 500 gms per married lady, 250 gms per unmarried lady and 100 gms per male, Finance Ministry said.