Investment demand for gold has dropped by 67% from a year earlier to 49.6 tonne during the second quarter of 2014.

In 2013, the government had hiked the Customs duty on gold in phases to 10 per cent to control gold import and to bring down the CAD.

GJF in its wishlist for the upcoming Union Budget, asked the Finance Minister to abolish 80:20 rule for gold import and cut import duty to ...

"Last year there was a frenzy among people to buy gold and sell it off as prices started climbing up. They wanted to make quick gains."

Gold futures gained 0.15% in trade. The June contract traded at Rs 28,140 per 10 gm on MCX, having swung between Rs 28,186 and Rs 28,030.

Gold futures gained 0.15% in trade. The June contract traded at Rs 28,140 per 10 gm on MCX, having swung between Rs 28,186 and Rs 28,030.

Gold futures gained 0.15% in trade. The June contract traded at Rs 28,140 per 10 gm on MCX, having swung between Rs 28,186 and Rs 28,030.

GJF faxed an urgent appeal to the Chidambaram requesting him to hold back the revenue department officials from going after jewellers.

Gold imports are likely to be less than 500 tonne in the current financial year if the government does not relax the import restrictions, a...

Supply crunch has also affected demand in South India that consumes nearly 40% of the imported gold.

Imports have fallen after India raised duty from 1 per cent to 15 per cent to curb CAD.

Jewellers across India are in no mood to listen to finance minister's request to suspend manufacture and sale of gold coins in the country.

The country's total yellow metal consumption is around 900 tonnes a year, of which 600 tonnes goes into manufacturing and 300 tonnes into i...

The top body of gems and jewellery industry today unveiled a model that will help its members to grow business.

India’s $88 billion current account deficit in 2012-13 was third highest in the world, contributed largely by high imports of gold, oil and...

Jewellers are betting big on IIJS and IIJW to beef up sales at a time when the government is trying to put a check on the domestic consumpt...

The All India Gem and Jewellery Trade Federation (GJF) has lauded Finance Minister P Chidambaram for not increasing the import duty on gold.