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Arrested on the basis of profiling, the gold was concealed in the shoes he was wearing. (Representational Purpos).

Hike in gold tax post GST may create black market for gold

With the hike in taxes post GST, traders believe more transactions will be forced into black market.

4 July 2017 2:17 PM IST

Globally, gold fell 0.30 per cent to USD 1,244.10 an ounce and silver 0.03 per cent to USD 18.29 an ounce in Singapore.

Gold futures slide by 0.25 percent to Rs 28,536 per 10 gms

Market analysts attributed the fall in prices to profit-booking at current levels but a better trend overseas capped the...

30 Jun 2017 11:17 AM IST