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Scrapping of high denomination currency notes also impacted the amount of gold smuggled into the country through various unofficial channels.

Gold prices shoot to Rs 29,750 per 10 grams

A firming global trend and persistent local buying kept gold prices high.

6 Jun 2017 3:14 PM IST

A ban on gold imports would also lead to large-scale unemployment as this sector has a huge workforce, with most of them on contract.

Gold maintained its losing streak for the fifth week

Standard gold shed a whopping 8.84 per cent in its fifth week downslide, or Rs 2,625.00 per 10 grams.

10 Dec 2016 3:04 PM IST