India's gold market is rapidly formalizing despite high prices and tax hikes. Resilient consumer demand, especially for investment, favours...

India has raised gold import duty to 15% and urged citizens to buy less gold. This move targets foreign reserves and the rupee's value. How...

15% customs duty hike on gold imports is expected to raise domestic prices and potentially divert supplies through unofficial channels, acc...

India's gold import dynamics saw a shift in FY2025 following a sharp reduction in import duty from 15% to 6%, effective July 24, 2024. Acco...

With prices ruling high, buys may fall further ahead of festive season.

Anecdotal evidence suggests a sharp rise in gold imports in Nov 2016, on the back of inventory replenishment, festive season and wedding de...

Top trade associations of the country have now brought this to the finance ministry's notice while calling for a rationalisation of the 10 ...

The country's total official gold imports declined to 60 tonnes in April-July of this fiscal, much lower than 250 tonnes in the year-ago pe...

Organised jewellers were especially disappointed as the government did not cut the 10% gold import duty which they had anticipated would be...

Decline in exports, witnessed in Feb, may continue for more time as the EU has withdrawn preferential treatment to merchandise shipments fr...

For the first time India lost its tag of the world's largest gold consumer to China, which lapped up 1,065.8 tonnes of the precious metal i...

The govt is unlikely to lift import restrictions on gold before the end of this financial year, finance minister Chidambaram indicated.

RBI measures are not going to arrest the rupee fall. These measures could have an impact on the dollar demand over a period.

Stating that a hike in import duty will not have desired results, GJF has come out with several recommendations to curb gold import.

While the investment demand may fall in the immediate future, gold consumption in the jewellery demand would remain largely unaffected.

Jewellers said the recent duty hike over and above the reigning high price would eventually act as a drag on demand and result in lower imp...