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SCOTIAMOCATTA INDIA
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 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...
- 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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