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GOLD JEWELRY RESTRICTIONS
Independence Day 2026: A 1968 gold ban that turned every Indian household into an underground vaultIn 1968, India’s Gold (Control) Act restricted gold ownership and capped jewellery purity at 14 karats to curb imports and conserve foreign...- Beyond gold: How to invest in Silver, Platinum and Palladium - the trio that could supercharge your portfolioSilver platinum palladium investment: Investors are increasingly turning to silver, platinum, and palladium for portfolio diversification b...
- Akshaya Tritiya & Gold: Indian buyers balk at high prices of yellow metalGold on Akshaya Tritiya: High gold prices in India, driven by global factors, are impacting Akshaya Tritiya sales and wedding-related purch...
- Buyers return to stores as gold prices cool downGold prices fell by 4.5% in three weeks, boosting consumer sentiment. Mumbai's Zaveri Bazaar, Asia's largest gold market, saw increased act...
- Cribbing or happy about gold’s record-breaking rally? China is front and center of gold price surgeGold has surged to record highs above $2,400 an ounce in 2024, with China at the forefront of the remarkable ascent. Geopolitical tensions ...
- Govt imposes import restrictions on certain gold jewellery, articlesDGFT sent a notification stating that import policy of these particular products have been changed to restricted from free.
- Festive cheer lights up India’s gold sales on biggest buying dayIndia’s only London Bullion Market Association-certified precious metals refiner and mint has recently started diversifying its portfolio f...
- India’s pandemic recovery means golden days ahead for jewelersIn the final quarter, Indians usually boost their purchases of gold ornaments for marriage celebrations, while sales of coins and bars for ...
- Jewelers sell $1 gold online as Indians warm up to internet buysDigital gold sales aren’t new to India, with mobile wallets and platforms like Augmont Gold For All, and World Gold Council-backed SafeGold...
- Gold and jewellery trade suffers loss of Rs 10,000 crore on Akshay Tritiya and Eid: CAIT“According to an estimate, due to the lock down and coronavirus restrictions, the gold and jewelry trade recorded a loss of about Rs 10,000...
- Invest in gold funds this Akshaya TritiyaAmidst the grim pandemic-induced backdrop, a ray of positivity in the form of Akshaya Tritiya is here. This year, like last year, the festi...
- India gold demand set to climb as buyers unleash pent-up demandSome of the weddings and festive buying that had been postponed because of the pandemic will come back in 2021, and this pent-up demand wil...
- Central banks sell gold for first time in a decadeWhile inflows into exchange-traded funds have driven gold’s advance in 2020, buying by central banks has helped underpin bullion in recent ...
- Gold imports by India tumble for a second month on lockdownImports by India have slumped by more than 80% during the first five months of 2020.
- Gold’s allure to remain ‘feeble’ in India until SeptemberConsumption in the world’s second-biggest user came crashing down in the first quarter.
- Note ban impact: Cash crunch gives gold lovers no way to buy wedding rings“All our plans went for a toss after the demonetisation,” said Ferreira, 28, a marketing consultant. “Cash is just not an option now. We ca...
- Consumption of diamond jewellery falls 4 per cent in one year“In the four leading markets — the US, China, India and Japan —millennials spent nearly $26 billion on diamond jewellery last year.” Gareth...
- Trade deficit widens to $16.8 billion; gold imports surge 6-foldOil imports dipped by 9.7 per cent to $11.71 billion. Non-oil imports, however, grew by 49.6 per cent to $31.10 billion.
- JPMorgan upgrades Titan to ‘Overweight’, sees over 14% upside in 12 monthsThe global investment bank believes that the risk/reward equation is turning favorable, with overseas hedging to aid margins.
- RBI imposes restrictions on lending against goldEyeing a significant reduction in the import of gold, the RBI has imposed restrictions on the granting of advances against any kind of gold.
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