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Cabinet to take up Gold Monetisation Scheme in few weeks Cabinet to take up Gold Monetisation Scheme in few weeks
The scheme proposes to offer tax-free interest to individual on depositing the yellow metal with banks.
Gold extends weakness on global cues; slumps by Rs 300 Gold extends weakness on global cues; slumps by Rs 300
Silver also eased by Rs 200 to Rs 34,100 per kg on reduced offtake by industrial units and coin makers.
Gold crashes to 4-year low on panic selling amid global gloom Gold crashes to 4-year low on panic selling amid global gloom
The slide, mainly attributed to global spill-over where the broad-based commodities bore the brunt of investors' panic selling recently amid a flash-crash worldwide.
Gold crash: Dont panic, you can watch out for these! Gold crash: Dont panic, you can watch out for these!
Though it is a perturbing sign for many investors who have parked their fund in bullion market, things might not be so gloomy for household Indian buyers.
Gold falls to near five-year low as bearish view holds Gold falls to near five-year low as bearish view holds
Gold fell on Wednesday for a seventh session in eight, reflecting sustained downward pressure on the metal days after its steepest drop in almost two years, with more losses seen ahead as the demand outlook dims.
Gold teeters near five-year low after bear raid, braced for more losses Gold teeters near five-year low after bear raid, braced for more losses
Gold edged higher on Tuesday, the day after it took its deepest dive in years and hit five-year lows, with many dealers bracing for more losses on expectations for a rise in U.S. interest rates and subdued demand from India.
Gold price teeters near 5-year low after Gold price teeters near 5-year low after "bear raid", more losses expected
Gold was on the brink of five-year lows on Tuesday, with more losses expected in the coming months following Monday`s "bear raid" when sellers dumped an estimated 33 tonnes in just two minutes.
Gold hits 4-year low of Rs 25,550 per 10 grams Gold hits 4-year low of Rs 25,550 per 10 grams
Silver managed to recover some grounds on the back of fresh demand from consuming industries and rose by Rs 100 to Rs 34,300 per kg.
Gold rout: Five reasons behind its fall Gold rout: Five reasons behind its fall
Here's looking at five reasons behind the decline in gold prices.
Gold plunges to five-year lows after early Asia rout Gold plunges to five-year lows after early Asia rout
Gold prices plunged more than 4 percent to five-year lows on Monday as a sudden bout of selling across Shanghai and New York markets during the illiquid early Asian trading hours triggered a mini flash crash, deepening bullion`s biggest rout in years.
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