Bullion firms welcome gold scheme, unhappy over duty status quo

Last Updated: Saturday, February 28, 2015, 19:19

The industry players, however, expressed disappointment over no reduction in customs duty on the metal.

Gold holds up on Chinese demand, set to snap 4-week losing run

Last Updated: Friday, February 27, 2015, 09:37

Gold has fallen more than 7 percent from a five-month high above $1,300 hit in January as expectations of a US rate increase dimmed bullion`s safe-haven appeal.

Gold eases on subdued demand; silver ends steady

Last Updated: Thursday, February 26, 2015, 16:26

Traders said subdued demand from jewellers and retailers at prevailing levels mainly led to the fall in gold prices.

Govt yet to take call on alpha-numeric code for jewellery

Last Updated: Tuesday, February 24, 2015, 15:03

The government on Tuesday said it has not yet taken a final decision on its proposal to introduce a nine-digit alphanumeric identity code for every gold jewellery manufactured in India, to fix purity and traceability.

Gold prices drop on subdued demand, global cues

Last Updated: Monday, February 23, 2015, 15:40

Silver followed suit and traded lower by Rs 135 to Rs 36,750 per kg on reduced offtake by industrial units and coin makers.

Gold extend weakness, down Rs 200, silver plunges Rs 1,550

Last Updated: Friday, January 30, 2015, 15:55

In line with overall trends, silver also plunged by Rs 1,550 to Rs 37,550 per kg on poor offtake by industrial units and coin makers.

Gold, silver drops on low demand, global cues

Last Updated: Thursday, January 29, 2015, 15:39

Silver also dropped by Rs 420 to Rs 39,100 per kg on reduced offtake by industrial units and coin makers.

Gold remains weak on subdued demand, global cues

Last Updated: Friday, December 19, 2014, 16:24

Silver also declined by Rs 100 to Rs 36,600 per kg on reduced offtake by industrial units and coin makers.

Gold recovers on scattered buying; silver ends higher

Last Updated: Friday, December 12, 2014, 15:50

Silver rebounded by Rs 360 to Rs 38,560 per kg on increased offtake by industrial units and coin makers.

Govt to give legal recognition to gold jewellery hallmarking

Last Updated: Monday, December 1, 2014, 20:28

In a consultation meeting with stakeholders on amendments to the BIS Act 1986, Consumer Affairs Minister Ram Vilas Paswan today expressed concern over quality of gold jewellery.

Jewellery stocks shine, gain up to 20% on RBI move

Last Updated: Monday, December 1, 2014, 18:38

Jewellery stocks on Monday jumped up to 20 percent after the Reserve Bank eased restrictions on gold import.

Removal of import curbs to improve official supplies: WGC

Last Updated: Saturday, November 29, 2014, 15:08

The government yesterday scrapped a scheme under which it was mandatory for importers to export 20 percent of the gold they imported. It was put in place in August 2013 to check high gold imports that had widened the current account deficit.