FTIL's stake sale: Forward Markets Commission to meet on May 6

Commodity markets regulator FMC will meet on May 6 to decide the next course of action against MCX as the deadline for complying with its order to ensure that erstwhile promoter FTIL reduces its......

NSE blockchain platform for gold a game changer

In a first for India, bullion derivatives contracts will be settled on a blockchain platform. This will help in global acceptance of gold refined by Indian bullion refineries, giving a fillip to......

Fall in gold price opens up window for investors

Experts recommend buying gold as the fundamentals supporting a rally have not changed. The price of gold has fallen about 10 per cent over the past 50 days. At one point, gold price on the MCX was......

Gold may hit Rs 45,000 in 2020

Mandatory hallmarking of gold would be a positive in making the gold market more organised. Mandatory hallmarking would come into effect from January 15, 2020, with a one-year transition period for......

Jewellers may miss Diwali sparkle this year

As gold prices turn prohibitive, traders fear a drop of as much as 50% in sales over the previous season. Jewellers are staring at subdued Diwali sales this season, with customers unlikely to......