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Gold was available for $2 premium over and above the landed rate 15 days back. After the steep rise, it is now available for a discount of $14 per ounce, said Suresh Hundia, former President of the Bombay Bullion Association.

Gold plunges Rs 600 on weak global cues, muted demand

Globally, spot gold was trading lower at USD 1,394.39 an ounce, while silver was down at USD 15.08 per ounce in New...

9 July 2019 4:02 PM IST

Gold was available for $2 premium over and above the landed rate 15 days back. After the steep rise, it is now available for a discount of $14 per ounce, said Suresh Hundia, former President of the Bombay Bullion Association.

Gold prices rule flat after two-day rally on custom duty hike

Gold is trading at Rs 35,470 per 10 gram in the bullion market here after rising for two consecutive days post Budget.

8 July 2019 4:04 PM IST

According to a conservative estimate of Directorate of Revenue Intelligence (DRI), the total market of smuggled gold in India is nothing less than Rs 9,000 crore.

Hike in gold import duty part of policy to curb non-essential imports:...

Hike in gold import duty to 12.5 per cent from 10 per cent could lead to problems like smuggling.

8 July 2019 11:39 AM IST

Economic Affairs Secretary Subhash Chandra Garg. (Photo: PTI)

Govt assessed smuggling dimension while raising import duty on gold:...

Finance Minister Nirmala Sitharaman hiked import duty on gold and other precious metals in Budget to 12.5 pc from 10 pc.

7 July 2019 1:45 PM IST

The recovered gold bars.

Gold discounts at three-year peak after import duty increase

Gold futures jumped more than 2 per cent following the budget announcement to hit a record high of 35,100 rupees per 10...

6 July 2019 1:12 PM IST

According to a conservative estimate of Directorate of Revenue Intelligence (DRI), the total market of smuggled gold in India is nothing less than Rs 9,000 crore.

Budget 2019: Gold and silver all set to become costlier by 2.5 per...

Apart from the duty hike, rupee appreciation too lifted gold prices by Rs 900.

6 July 2019 6:53 AM IST

Representational image of gold bars.

Gold prices zoom Rs 590 on custom duty hike

The government in Budget 2019 proposed to increase custom duty on gold and other precious metals to 12.5 per cent.

5 July 2019 4:07 PM IST

Petroleum ministry has been demanding to bring petrol and diesel on GST to give relief to consumers from high prices.

Budget 2019: Cess on petrol, diesel hiked by Re 1 per litre

Finance minister also announced TDS of 2 per cent on cash withdrawal of more than Rs 1 crore from a bank account.

5 July 2019 2:26 PM IST

According to a conservative estimate of Directorate of Revenue Intelligence (DRI), the total market of smuggled gold in India is nothing less than Rs 9,000 crore.

Myanmar major contributor of smuggled gold to India

Smuggled yellow metal is Rs 400-500 cheaper per gram with 99.76% purity.

5 July 2019 1:08 AM IST

Gold was available for $2 premium over and above the landed rate 15 days back. After the steep rise, it is now available for a discount of $14 per ounce, said Suresh Hundia, former President of the Bombay Bullion Association.

Gold, silver fall on weak overseas trend, profit-booking

Gold of 99.9 per cent and 99.5 per cent purity declined Rs 170 each to Rs 34,210 and Rs 34,040 per 10 gram,...

4 July 2019 3:53 PM IST

The gold jewellery exporters used 176 tonnes of gold for round-tripping while only 50 tonnes catered to genuine exports in 2018, as per the estimates of precious metals agency GFMS.

Gold glitters, jumps Rs 260 on strong global trend, jewellers' buying

Gold is trading at 34,380 per 10 gram at the bullion market here, supported by firm global trend and increased demand...

3 July 2019 3:24 PM IST

According to a conservative estimate of Directorate of Revenue Intelligence (DRI), the total market of smuggled gold in India is nothing less than Rs 9,000 crore.

Gold slips below Rs 40,000, falls Rs 500

Gold is trading at Rs 39,720 per 10 gram in the national capital, as positive developments in US-China trade talks.

30 Aug 2019 3:58 PM IST