2021 February

Death Cross Forming in Gold Amid Rising Bond Yields

Gold began the year with lofty expectations on the back of a record high and its biggest annual gain in a decade. Instead, the precious metal is off to its worst start in 30 years. Spot prices touched a seven-month low on Friday before erasing losses as the dollar moved

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Government revamps gold monetisation scheme to unlock tonnes of unused gold in India

Monetisation Scheme The government on 9th February 2021 launched a revamped Gold Monetisation Scheme that seeks to unlock an estimated 25,000 tonnes of idle gold lying at Indian households, involving jewellers, and making all state-run banks participate in it. Following are the key highlights: All Public Sector Banks shall be

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Gold price changing its course after import duty cut

Gold Prices have reversed in course with the start of February, falling 4% last week. The main headlines of last week were Gold Import Duty cut by Government in Budget 2021. Below is the table showing Indian Import Duty Structure, Indian Gold Imports and Indian Gold Price of last 10

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