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Earlier, as part of the know your customer requirement under the Prevention of Money-Laundering Act provisions, jewellers with a turnover of Rs 2 crore per annum were mandated to collect PAN card for any purchase above Rs 50,000. (Representational image)Business
Gold falls on weak global cues, muted demand

Silver, too, slumped by Rs 500 to Rs 39,300 per kg due to reduced offtake by industrial units and coin makers.

8 Oct 2018 8:55 AM GMT

The Income Tax Department will soon issue notices to those who have deposited \suspicious\ amounts of money in banks post-demonetisation and have not responded to taxmans preliminary communication. (Photo: PTI)India
Delhi: I-T department seizes Rs 85 cr in cash, bullion from illegal...

Assets worth more than Rs 61 crore were seized by the department over the week from multiple lockers located in the...

13 Jan 2018 9:46 AM GMT

The Reserve Bank of India (RBI) late on Monday dropped Axis Bank from a list of banks it has cleared to import gold and silver in the current financial year that began April 1.Business
RBI drops Axis Bank from list of bullion importers

It was unclear why Axis, one of India's leading importers of bullion, did not feature in the list.

3 April 2018 7:27 AM GMT

Persistent gold buying by local jewellers at domestic spot market stoked uptrend. (Photo: PTI)Business
Gold regains sheen on positive global cues, jewellers' buying

Gold prices recovered by Rs 40 to Rs 30,780 per 10 grams at the bullion market on Saturday.

28 July 2018 10:59 AM GMT

Traders said persistent buying by local jewellers to meet ongoing wedding season demand mainly kept the precious metal higher.Business
Gold falls Rs 190 on global cues, muted demand

Silver followed suit and slipped by Rs 230 to Rs 39,200 per kg due to reduced offtake by industrial units and coin...

27 July 2018 9:16 AM GMT

Persistent gold buying by local jewellers at domestic spot market stoked uptrend. (Photo: PTI)Business
Gold edges up on global cues, jewellers' buying

Silver also strengthened by Rs 155 to 39,480 per kg on increased offtake by industrial units and coin makers.

25 July 2018 10:12 AM GMT

Persistent gold buying by local jewellers at domestic spot market stoked uptrend. (Photo: PTI)Business
Gold slides on weak global cues, muted demand

Silver recovered by Rs 65 to Rs 39,320 per kg due to increased offtake by industrial units.

23 July 2018 9:57 AM GMT

Earlier, as part of the know your customer requirement under the Prevention of Money-Laundering Act provisions, jewellers with a turnover of Rs 2 crore per annum were mandated to collect PAN card for any purchase above Rs 50,000. (Representational image)Business
Gold rises on scattered buying by jewellers

Gold prices recovered by Rs 25 to Rs 30,825 per 10 grams at the bullion market.

19 July 2018 8:59 AM GMT

Earlier, as part of the know your customer requirement under the Prevention of Money-Laundering Act provisions, jewellers with a turnover of Rs 2 crore per annum were mandated to collect PAN card for any purchase above Rs 50,000. (Representational image)Business
Gold recovers on global cues, jewellers' buying

Silver also edged up by Rs 35 to Rs 39,950 per kg on increased offtake by industrial units and coin makers.

16 July 2018 9:23 AM GMT

Persistent gold buying by local jewellers at domestic spot market stoked uptrend. (Photo: PTI)Business
Gold falls on weak global cues, lacklustre demand

Silver coins however maintained a steady trend at Rs 75,000 for buying and Rs 76,000 for selling.

12 July 2018 9:23 AM GMT

Earlier, as part of the know your customer requirement under the Prevention of Money-Laundering Act provisions, jewellers with a turnover of Rs 2 crore per annum were mandated to collect PAN card for any purchase above Rs 50,000. (Representational image)Business
Gold plunges Rs 270 on weak global cues, fall in demand

Silver followed suit and lost Rs 100 to Rs 40,750 per kg due to reduced offtake by industrial units and coin makers.

10 July 2018 9:36 AM GMT

The government on Friday revoked the notification on the Gems and Jewellery sector which included jewellers under the Prevention of Money Laundering Act. Photo: PTIBusiness
Gold firms up for 2nd session on sustained buying

Gold prices on Thursday edged up by Rs 10 to Rs 31,580 per 10 grams at the bullion market.

5 July 2018 9:52 AM GMT

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