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Persistent gold buying by local jewellers at domestic spot market stoked uptrend. (Photo: PTI)

Jewellers hail govt's decision to remove industry from PMLA

Under the PMLA, every reporting entity is required to maintain record of all transactions of value exceeding Rs 10 lakh.

7 Oct 2017 5:13 PM IST

The government on Friday revoked the notification on the Gems and Jewellery sector which included jewellers under the Prevention of Money Laundering Act. Photo: PTI

Govt revokes notification, puts gems, jewellery dealers out of PMLA

A separate notification after due consideration of points raised and wider stakeholder consultation, shall be issued...

6 Oct 2017 9:23 PM IST

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)

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 2:25 PM IST

At present, there is a 10 per cent import duty on gold. (Photo: PTI)

Gold demand wanes as jewellers expect import tax cut in budget

Tax evaders prefer to buy smuggled gold since they do not have to pay the 3 per cent GST.

30 Jan 2018 12:02 PM IST

actress Deepika Padukone sporting Nirav Modis jewellery

All sheen, no substance!

In light of the Nirav Modi scam, traditional jewellers talk about what it takes to keep the flag flying high at all...

17 Feb 2018 12:21 AM IST

Bullion traders said at overseas market gold rallied to highest level this year. (Photo: Representational/AFP)

Gold regains shine, bounces Rs 110 on jewellers' buying

Silver ready held steady at Rs 40,450 per kg in scattered deals from industrial units and coin makers.

28 April 2018 2:42 PM IST

The government on Friday revoked the notification on the Gems and Jewellery sector which included jewellers under the Prevention of Money Laundering Act. Photo: PTI

Jewellers expect 15-20 pc growth in sales this Akshaya Tritiya

Things are looking positive this year and the prices are also stable, ruling at around Rs 30,820 per 10 grams.

15 April 2018 3:30 PM IST

Gold prices went down by Rs 200 to Rs 31,350 per ten grams at the bullion market on Friday.

Gold falls Rs 200 on global cues, low demand

Silver coins, however, remained unaltered at Rs 74,000 for buying and Rs 75,000 for selling.

6 April 2018 2:51 PM IST

Persistent gold buying by local jewellers at domestic spot market stoked uptrend. (Photo: PTI)

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 4:29 PM IST

Traders said persistent buying by local jewellers to meet ongoing wedding season demand mainly kept the precious metal higher.

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 2:46 PM IST

Persistent gold buying by local jewellers at domestic spot market stoked uptrend. (Photo: PTI)

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 3:42 PM IST

Persistent gold buying by local jewellers at domestic spot market stoked uptrend. (Photo: PTI)

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 3:27 PM IST