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SCOTIAMOCATTA
Income Tax men may come calling on gold buyersExcise authorities have issued notices to 600 jewellers to give details of stocks and sales for each day from Nov 7, a day before the annou...- Gold at one-month low as December rate rise still on tableGold touched a one-month low on Thursday as the dollar hit a three-month high and looked vulnerable to further losses.
- Gold edges up from four-year low as dollar rally pausesGold edged higher recovering from last week's four-year low, as dollar's retreat from multi-year highs against a currency basket relieved d...
- Gold slides to 7-1/2-month low, awaits policy cues from US FedGold prices hit 7-1/2-month lows on speculation that the Federal Reserve may raise interest rates next year, and as the dollar index headed...
- Gold drops to near 4-month low on year-end sellingGold prices fell more than 1 percent on Thursday to hit their lowest in nearly four months after breaking through a critical support level ...
- Gold seen at $1,640-$1,700/oz until October: ScotiaMocattaGlobal gold prices are likely to consolidate in the range of $1,640-$1,700 an ounce until October, with an upside bias, Sunil Kashyap, mana...
- Silver regains sheen as coin sales see a pickupWith gold crossing the Rs 30,000 mark, investors are betting on silver now. Last week’s rally took the white metal’s spot prices close to R...
- Change in gold, silver duty hits bullion banksThe recent change in gold and silver's duty structure from a flat to a value-based rate will create a host of problems for banks.
- A strong rally in gold may breach $2k/ounce level: Rajan Venkatesh, MD, ScotiaMocattaFaith in paper money has waned & hence there is a strong chance of appetite for gold increasing, says Rajan Venkatesh , MD, ScotiaMocatta.
- Gold buyers return to shop ahead of Diwali as prices dropJewellers across the country are reporting brisk business ahead of Diwali with a fall in gold and silver prices resulting in a higher footf...
- Chinese demand lifts gold ornament pricesThe Indian consumer will have to pay more for gold ornaments not only because the metal is becoming costlier but also because overseas supp...
- Silver outshines gold, fetches better returnsEurope and Japan remain mired in uncertainty, and even in the US, fears of inflation stoked has caused some to turn to precious metals.
- Jewellers' gold loans go cheaper amid competitionAgainst an outright purchase of gold, jewellers find borrowing gold from banks a better alternative since it enables them to hedge against ...
- Gold edges lower as demand stagnatesGold eased a touch, under pressure from lacklustre investment and jewellary demand.
- Gold futures shine on $ fallGold prices are headed up, at least in the short term. The weakening dollar, aggressive buying by exchange traded funds and investment appe...
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