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GOLD IMPORT
India has got a $5 trillion sleeping giant: Can govt wake it up?India holds an estimated $5 trillion worth of gold in households and temples, yet continues to spend billions importing more every year. As...- Jewellers may be louped in for idle gold mobilisationThe government is exploring a revamped Gold Monetisation Scheme, aiming to involve jewellers for the first time to tap into the vast amount...
- Bought gold and silver at the top? Here's what experts suggest after prices plunged up to 50% from January highsGold and silver have corrected sharply from their record highs after a stellar rally, leaving many investors with losses. Experts attribute...
- Greek proverb of the day: 'Better a drop of wisdom than an ocean of...' - this thought-provoking saying teaches life lessons on why knowledge always outlasts wealth and why wisdom is the greatest investment you'll ever makeGreek proverb of the day: A Greek saying highlights that true wealth lies not in gold, but in good judgment and learning. The proverb empha...
- Validity of FY26 gold import quota licences under India-UAE trade pact extended till September 30Gold importers under the India-UAE free trade agreement have received an extension until September 30, 2026, to utilize their tariff rate q...
- A man searching a field in England found a 1,700-year-old Roman gold ring so rare that it later sold for £78,000A British metal detectorist, Kevin Minto, unearthed a stunning 1,700-year-old solid gold Roman ring, a find now captivating American audien...
- Why are gold and silver prices down today, and will precious metals continue to drop or rise again? Gold slips as Treasury yields and rate hike expectations increaseGold and silver prices declined as U.S. Treasury yields moved higher and expectations of another Federal Reserve interest rate hike increas...
- How a Multi Asset Allocation brings equity, debt and gold together in one placeDiversification is key to successful investing, and Multi-Asset Allocation Funds offer a balanced approach. These funds invest in at least ...
- Why are gold and silver prices up today, and will precious metals continue to rise or drop again? Gold rebounds from multi-month low but remains set for biggest quarterly loss in yearsGold and silver prices moved higher on Tuesday after recent declines, but both metals remain on track for major monthly and quarterly losse...
- PM Modi appeal impact: Gold import growth down substantially in MayGold imports saw a significant slowdown in May, a welcome development following Prime Minister Modi's calls to curb consumption. This decel...
- US-Iran thaw to provide tailwinds for growth: RBIIndia's economic growth could get a boost from the Iran-US peace deal, according to the Reserve Bank's latest report. While the economy sho...
- Households rush to cash out old gold amid fears of a crashIndian households are cashing in on high gold prices, selling nearly 50 tonnes of old jewellery in the last quarter, a 43% jump year-on-yea...
- Diamonds shine as gold buyers adapt to price volatilityAs Indian consumers face rising gold import duties and erratic prices, they are changing their buying habits for jewellery. The Indriya bra...
- India swings to premium on price retreat; China demand mutedIndian gold markets are seeing a premium return after a price dip, with buyers cautiously re-entering despite affordability concerns. This ...
- Gold poised for fourth weekly loss as hawkish Fed bets buoy dollarGold is poised for its fourth consecutive weekly decline, weighed down by a strengthening dollar amid expectations of U.S. interest rate hi...
- Jonnagiri gold mine to boost domestic production, advance 'Made in India' ecosystem, says Lloyds chiefIndia's gold import dependence is set to decrease with the inauguration of the Rs 405-crore Jonnagiri gold mine in Andhra Pradesh. This mar...
- ED carries out searches at locations linked to Rajesh ExportsThe Enforcement Directorate conducted searches at nine locations linked to Rajesh Exports in Bengaluru and Mumbai concerning alleged forex ...
- Gold may fall to $3,800 on Fed hike risk; ETF outflows, weak Asia demand weigh: Deutsche Bank reportDeutsche Bank has significantly lowered its gold price forecast, warning of a potential drop to $3,800 per ounce if the Federal Reserve imp...
- Gold imports fall to 25-30 tonnes/month from 70-100 tonnes after duty hike: Govt sourceGold imports into India have dropped sharply. The government's decision to increase import duty is proving effective. Higher gold prices an...
- India’s gold hunger stays unshaken as higher duties fail to close the import floodgatesIndia's insatiable thirst for gold remains resilient even in the face of increased import duties. Prior to the tax increase, there was a no...
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