Gold, silver prices plummet by Rs 4,000 after budget slashes custom duty
New Delhi: Finance Minister Nirmala Sitharaman announced a significant reduction in customs duties on gold and silver during her Budget presentation on Tuesday.
RBI moves 100 tonnes of gold from UK to its vaults, first time since 1991: Report
Mumbai/IBNS: The Reserve Bank of India (RBI) has moved over 100 tonnes of gold from the UK to its vaults in India, reports said.
Senco Gold Q4FY24 PAT grows 23.6% YoY to Rs. 32.17 cr; revenue grows 39.7%
Kolkata: Jewellery retailer Senco Gold Limited reported a Profit After Tax (PAT) of Rs. 32.17 crore, marking a 23.6% increase year-on-year (YoY) from Rs. 26.03 crore in Q4 FY23.
Kalyan Jewellers records FY24 revenue of Rs 18,548 Cr; PAT grows by 38%
Kolkata: Kalyan Jewellers India Limited recorded a consolidated revenue of Rs 18,548 crore in FY24 as against Rs 14,071 crore in the previous year, a growth of 32%. Consolidated PAT for FY24 was Rs 596 crore.
China's gold-buying spree triggers global price surge
Gold's value has historically surged during geopolitical and economic upheavals, and recent events like Russia's invasion of Ukraine and the conflict in Gaza have further boosted its price.
How global dynamics are fuelling gold price surges in India
New Delhi: Gold holds a special place among household assets in India as it has proven its value over time, offering significantly favourable returns in comparison to alternative asset categories.
India's March gold imports expected to fall significantly: Report
New Delhi: India's gold imports are likely to drop in March by over 90% compared to the previous month, reaching the lowest point since the onset of the COVID-19 pandemic, media reported.
Andhra Pradesh has 47.17 tonnes of total gold reserves
New Delhi: Andhra Pradesh has 47.17 tonnes of total resources—5.3 tonnes of proven & probable reserves and 41.87 tonnes of remaining resources—of Gold as primary metal as on April 1, 2020, according to Indian Minerals Year Book 2021.
Centre imposes import restrictions on specific gold jewellery, articles
New Delhi: The Centre on Wednesday implemented import restrictions on specific gold jewellery and articles to reduce the import of non-essential items.
New Delhi: The government on Friday announced the opening of the first series of Sovereign Gold Bonds for the current financial year 2023-24.
Sovereign Gold Bond 2022-23: Series III subscription to open on Dec 19
New Delhi/IBNS: The Ministry of Finance on Friday said the subscription for Series III of the Sovereign Gold Bonds 2022-23 will open during December 19-23, 2022.
Edelweiss Asset Management launches ‘Gold and Silver ETF Fund of Fund’
Kolkata: Edelweiss Asset Management Limited launched a new scheme -- ‘Edelweiss Gold and Silver ETF Fund of Fund’. The fund will be open for subscription between August 24th to September 7, 2022.
Finance Ministry announces Sovereign Gold Bond Scheme 2022-23 (Series I) – Issue Price
New Delhi: The government will be open for subscription Sovereign Gold Bonds 2022-23 (Series I) during the period June 20-24, 2022 with the settlement date June 28, 2022, the Ministry of Finance.
9 Ways Gold Loan is The Best Bet for Your Financial Requirements
For decades, people in India have been investing in Gold as a trusted investment instrument. Whether in coins, jewellery, or other forms, the Gold is the most liquid asset instrument you can support. You can find gold buyers anywhere. When you need to raise capital, you can quickly sell it off. However, if you do not wish to sell your Gold, there is a way to procure funds.
BSE Records Consecutive Delivery of Gold in 'Options in Goods' contracts
Mumbai/UNI: Bombay Stock Exchange (BSE) on Thursday said it has executed consecutive delivery of Gold mini on 'Options in Goods' framework for the second month running on August 4, 2020.