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.......

Retailers give discount to boost gold sales

Gold retailers in Mumbai's Zaveri Bazar are offering a discount of up to Rs 220 per 10 gram on landed cost of gold to boost sales, as the yellow metal is trading near an all-time high. The offer......

Gold sellers entice customers with discounts

Gold retailers in Mumbai offered a discount of Rs 100-150 per 10 gm from Thursday, seemingly aimed at keeping their businesses afloat. However, sections of precious metals' traders had different......

Gold hits an all-time high of Rs 14,320

Gold may hit Rs15,000 per 10 gm before Diwali on safe haven buying by global investors and continuous depreciation in the rupee against the dollar. This may spoil the festive mood across the......