Umedmal Tilokchand Zaveri

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Trade war pushes gold futures to record high

Since the Union Budget, gold has become costlier by 8-9 per cent because of a 2.5 per cent increase in import duty to 12.5 per cent and about a 5 per cent depreciation in the rupee. Illustration:......

'Gold has vanished from the system'

Jewellers sold huge quantities of precious ornaments at a premium of up to 50%.Many also rushed to convert their banknotes into gold.Dilip Kumar Jha reports from Mumbai. After bumper sales in the......

Gold heads for first Samvat gain in 3 yrs

Price up on weak dollar and strong demand Gold is heading for its first Samvat gain in three years on a sharp rebound in global markets following a steep decline in the dollar and renewed physical......

Jewellery sales gleam ahead of festive season

The stabilising of gold prices at lower levels in both the domestic and international markets has advanced both seasonal and festive jewellery demand by over a month. The price is at a......

Gold import may fall as dealers sell at discount

In a rush to raise cash to fulfil banks’ payment commitments, bullion dealers are selling gold at a discount of $7-8 an ounce (Rs 175 for 10 gm) to jewellery manufacturers and retailers.......

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Umedmal Tilokchand Zaveri

News for Umedmal Tilokchand Zaveri

Trade war pushes gold futures to record high

'Gold has vanished from the system'

Gold heads for first Samvat gain in 3 yrs

Jewellery sales gleam ahead of festive season

Gold import may fall as dealers sell at discount

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