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12 Dec 2022

Gold Smuggling reaches three-year high post govt import duty hike

Seizures of smuggled gold in India reached a three-year high this year. Government raised the import duty on the precious metal. So-called grey market operators try to avoid the import duties by selling gold at discounts to market prices.

22 Apr 2017

Gold reclaims Rs 30,000-mark on global cues, jewellers purchase

Gold prices reclaimed the Rs 30,000-mark for the first time in over six weeks by climbing Rs 200 per 10 grams on Saturday. The recovery was seen on basis of global cues and increased purchase in jewellery.

10 Apr 2017

Gold edges down on stronger dollar, but geopolitical tensions support

Spot gold was down 0.1 percent at $1,252.20 per ounce by 0319 GMT, while US gold futures had dropped 0.2 percent to $1,254.30.

19 Mar 2015

Gold futures recover by Rs 293 on global cues

Gold prices recovered by Rs 293 to Rs 25,930 per 10 grams in futures trade today as participants created fresh positions after the precious metal recovered from three-month lows.

17 Oct 2014

With seizures up, Indian gold smuggling loses its shine

Seizures at the airport, one of India`s biggest hubs, jumped almost nine fold to 604 kg in the period running from April to September 2014 against 70 kg in the same period a year ago.

17 Oct 2014

With seizures up, Indian gold smuggling loses its shine

Seizures at the airport, one of India`s biggest hubs, jumped almost nine fold to 604 kg in the period running from April to September 2014 against 70 kg in the same period a year ago.

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