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Gold imports doubled to record high of $10.06 bn in August

 Gold imports more than doubled in August to a record high of $10.06 billion, mainly on account of a drastic cut in customs duty and ongoing festive demand, according to the Commerce Ministry data.......

Gold: Little sparkle for financiers despite tailwinds

 Gold prices hit record high in the third week of March as fears of bank collapses and high inflation led investors to the traditional safe haven. Photograph: Leonhard Foeger/Reuters Gold prices......

No gold rush: Safe-haven asset feels the March heat

 Gold is usually seen as a safe-haven when stocks are falling or when inflation is rising. Photograph: Leonhard Foeger/Reuters With prices of the yellow metal hovering near record highs, people are......

Sebi readies plan for operationalising gold exchange

 Capital markets regulator Sebi on Monday came out with a framework for operationalising the gold exchange, wherein the yellow metal will be traded in the form of electronic gold receipts (EGRs).......

Sovereign gold bond to open for subscription on May 17

 The first tranche of Sovereign Gold Bonds 2021-22 will be open for subscription for five days from Monday, the finance ministry said in a statement. The bonds will be issued in six tranches from......

Formula One: Mercedes boss Wolff cuts ties with Williams

 Mercedes motorsport head Toto Wolff has sold his remaining stake in the Williams Formula One team to US shareholder and healthcare executive Brad Hollinger, both parties said on Wednesday.......

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