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UNOFFICIAL GOLD SUPPLY
Gold smuggling jumps to 50 tonnes as 15% import duty widens gap for unofficial supplyGold smuggling in India is estimated to have surged to 50 tonnes in the September quarter from three tonnes a year earlier after import dut...- Indians refuse to cash in on gold in their lockers hoping for a better priceIndia’s gold demand is expected to fall to a six-year low of around 650 tonnes in 2026 as record prices, rising living costs and a weak mon...
- Under-the-counter cash gold sales boom in India as high prices and taxes biteHigh gold prices, combined with higher taxes, are encouraging more buyers to engage in cash transactions. This trend allows buyers to save ...
- Gold and silver rate today (September 23, 2026): Check 24k, 22k, 20k, 18k gold jewellery prices from IBJA, Malabar Gold & Diamonds, Joyalukkas, Kalyan Jewellers and TanishqLet’s have a look at the latest 22k gold rates at Malabar Gold & Diamonds, Joyalukkas, Kalyan Jewellers and Tanishq in New Delhi, Mumbai, C...
- Illegal gold imports surge in India: Smuggled gold selling up to Rs 8,000 cheaper is distorting bullion market & hurting legitimate dealersSmuggled gold is distorting India's bullion market, impacting legitimate dealers and jewelers. Higher import duties have made the grey mark...
- Deepa Jewellers IPO Day 3: GMP falls to 13%, issue booked 42xThe Deepa Jewellers IPO received a strong investor response, with overall subscriptions reaching 42.61 times the offer size. Grey market pr...
- Deepa Jewellers IPO Day 2: GMP at 25%, subscription near 90% — Should you subscribe?The Deepa Jewellers IPO enters its second bidding day with 87% subscription on Day 1 and a 25% GMP, indicating strong investor sentiment. P...
- Priority Jewels IPO Day 2: Issue book over 29 times so far, GMP signals 23% listing gain. Should you subscribe?Priority Jewels IPO saw strong subscription numbers on its second day. Retail and non-institutional investors showed significant interest i...
- Priority Jewels IPO Day 2: GMP points to 23% listing gains. Is it time to subscribe?Priority Jewels IPO enters Day 2 with strong investor demand, after the issue was subscribed 1.93 times on Day 1. Retail investors subscrib...
- Shankesh Jewellers IPO Day 3: Issue subscribed 2.8 times. Check GMP, other detailsShankesh Jewellers IPO GMP: Shankesh Jewellers IPO saw strong subscription, with investors bidding for 7.74 crore shares. The company's fin...
- Shankesh Jewellers IPO Day 2: GMP, subscription status. Should you subscribe?Shankesh Jewellers IPO entered its second day of bidding on August 19 with a grey market premium (GMP) of 5 per cent over its issue price b...
- Brace for higher gold prices and supply boom in grey markets after customs duty hike: SBI report15% customs duty hike on gold imports is expected to raise domestic prices and potentially divert supplies through unofficial channels, acc...
- Oh gold! Bottom is finally in place; yellow metal to start shining nowGold certainly looks cheap compared to stock markets that have rallied a lot.
- It looks like households are buying gold againThe deficit in official imports might have been made up by smuggled gold to avoid the 10 per cent customs duty on bullion levied three year...
- Gold demand may pick up in second half of 2016, say expertsAnnouncement of excise duty and strike lead to destocking at jewellers' end and unanticipated increase in price of gold in early 2016 pushe...
- Global demand for gold will continue to remain strong, and price higher: ExpertsGold is expected to remain above $1270 per ounce, while silver will continue to remain above $17 per ounce in London market.
- Budget 2015: Smuggling of gold will continue if FM Arun Jaitley's scheme fails, experts sayGold import attracts 10% duty and despite several representations by the industry, Jaitley did not reduce it in the budget announced on Sat...
- China overtakes India in gold demand in 2013: WGCFor 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...
- Gold smuggling into India glittering: WGC makes it official!Though overall gold demand in India declined in Q3, “gold entering India unofficially through its porous borders helped to meet pent-up dem...
- Gold smuggling into India glittering: WGC makes it official!No matter how many restrictions FM may have put in recent past to curb the demand, the govt continues to dazzle in the glare of the yellow ...
Load More- Gold and silver rate today (September 23, 2026): Check 24k, 22k, 20k, 18k gold jewellery prices from IBJA, Malabar Gold & Diamonds, Joyalukkas, Kalyan Jewellers and Tanishq
