2013 September 30

"Debt Ceiling or Death Ceiling for Gold?" by Mr. Prithviraj Kothari, MD, RSBL

Gold prices seemed to be in a wavy mood all this week. With prices gaining momentum on Tuesday and Wednesday and then falling back on Thursday and picking up on Friday again. Let's take a look at the weekly movement of gold prices. Monday-On Monday, gold and silver slightly declined. Their decline coincided with the downfall of other

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Gold supply policy for jewellery exporters liberalized

With the relaxation in gold supply norms, jewellery exports from India are set to rebound in the coming months. On Friday, the Directorate General of Foreign Trade (DGFT) agreed to all the suggestions of the Gems & Jewellery Export Promotion Council (GJEPC) for smooth supply of gold to exporters. In

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Cheer may be back for gold lovers as premium dips 82%

KOLKATA: Ahead of the festive season, there is some good news for Indian consumers. Premium on gold has declined in India by almost 82% to $7 per ounce from as high as $40 per ounce as imports have kicked off after a gap of two months.The customs authority in Kolkata

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