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GOLD IMPORTS FEBRUARY 2024
Gold imports up 34 pc to $3.41 bn in May; silver shipments plunge over 86 pcDuring May, India's gold imports skyrocketed by 34 percent, hitting USD 3.41 billion, as soaring gold prices fueled demand. In stark contra...- Sebi proposes changes to ETF base price, price band rulesIndia's markets regulator, SEBI, is proposing new rules for exchange-traded funds. These changes aim to bring the trading price of ETFs clo...
- Organised jewellers seen sustaining growth despite 80% surge in gold prices: NuvamaIndia's jewellery sector anticipates strong growth. Weddings and festivals are driving demand, even with high gold prices. Retailers report...
- Gold rises 2% after US, Iran reach peace dealGold prices surged 2% as U.S. and Iran officials announced a preliminary deal to end their conflict, leading to lower oil prices and easing...
- Fashion to Furnace: Some luxury gold watches fail the test of timeLuxury watches like Omega Constellation are being melted for gold. High gold prices make metal value exceed resale worth. This impacts used...
- Ahmedabad customs recover smuggled gold worth over Rs 4 crore from flight arriving from DubaiAhmedabad customs officials intercepted a significant gold haul. The precious metal was discovered concealed within a speaker box on IndiGo...
- Gold price to hit record highs in 2026 despite recent fall? Check latest gold rate predictionsGold price today: JP Morgan said uncertainty surrounding geopolitical developments and monetary policy continues to shape the outlook for t...
- Gold heads for second weekly loss on rate rise expectationsGold prices are heading for a second weekly loss as expectations of higher interest rates, driven by persistent inflation concerns, weigh o...
- Stocks, gold or debt? Rs 2.7 lakh crore fund manager who predicted bullion boom on where to invest nowManish Banthia, CIO-Fixed Income at ICICI Prudential AMC, who correctly predicted the gold rally in 2023, now sees little value in adding f...
- Jaspal Rana, a month before his sudden death, had shared a life lesson in one of his recent Instagram post: 'Life is not a destination...'Indian shooting coach and Asian Games gold medallist Jaspal Rana has passed away at 49. A recent travel video he shared, reflecting on life...
- 'Jab mrityu nishchit ho...': Jaspal Rana's Instagram bio grabs attention. Last posts show Manu Bhaker's coach enjoying pizza & spaghetti in SwitzerlandJaspal Rana Last Instagram Post: Renowned Indian shooter and former Asian Games gold medallist Jaspal Rana passed away at 49 after a cardia...
- Jaspal Rana Death Reason: What happened to Asian Games gold medalist, renowned shooter and Manu Bhaker's coach?Jaspal Rana death news: Renowned Indian shooter and former Asian Games gold medallist Jaspal Rana has passed away at 49 after a sudden medi...
- Investors fret about rates and dollar, cut back on gold, silverInvestors in gold and silver might be in for a rocky ride ahead. Experts caution that the meteoric rise seen last year is unlikely to repea...
- Are mutual fund investors losing interest in gold ETFs and multi asset allocation funds?Gold ETFs and multi-asset allocation funds experienced a moderation in investor inflows last month, with gold ETFs seeing a net outflow of ...
- Gold falls below pre-duty-hike levels as overseas prices dropGold prices in India have fallen significantly, reaching their lowest point since early May. This price drop is expected to encourage more ...
- India's gold tariff hike fuels smuggling revival, squeezes banks and refinersIndia's decision to raise gold import duties to 15% is triggering a fresh surge in smuggling, as illegal operators exploit a widening price...
- What's brewing? FinMin seeks gold lending info from banksIn a communique to banks on Friday evening, the Department of Financial Services sought data on value and quantity of gold metal loans (GML...
- Will your gold investments be impacted as HDFC, ICICI and Tata mutual funds stop fresh high-value ETF investments?Major mutual fund houses, including HDFC, ICICI Prudential, Nippon India and Tata Mutual Fund, have temporarily restricted large investment...
- What steps India has taken to stem pressure on its external balance of paymentsIndia is taking steps to manage its currency's decline. Higher duties on gold and silver imports are in place. Import rules for silver have...
- India gold prices soar 4.1% in May despite decline in global prices: World Gold CouncilIndian gold prices saw a notable increase in May, defying global trends. This rise occurred even as international gold prices dipped. Local...
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