Gold Sales News

Money

Akshaya Tritya: All that shines isn’t gold

This Akshaya Tritya, here are things you should know before stepping into a jewellery store gold prices, purity, making charges and tax

2 min read17 Apr 2018
Market

Gold imports said to slump before Akshaya Tritiya for sales

Gold imports in the first three months totaled 159 tons, down 42% from a year ago

1 min read10 Apr 2018
Market

Sberbank to increase gold sales to India and China in 2018

Sberbank plans to supply 25-30 tonnes of gold to India in 2018

2 min read3 Apr 2018
Money

Digital gold sellers hope trickle will become a rush

Paytm said that in the first six months after it began offering digital gold last April, it facilitated about $18.4 million worth of salesa tiny fraction of the Indian gold market

4 min read21 Mar 2018
Market

India’s gold imports drop 31% in October as inventories pile up

Inbound shipments of gold fell to 66.8 metric tons in October from 96.7 tons

1 min read7 Nov 2017
Market

Paytm sold Rs120 crore gold to 1 million people in 6 months

Paytm says a majority of its 1 million customers bought gold worth up to Rs500, while more than 70% customers were millennials

1 min read18 Oct 2017
Market

Gold sales expected to rise 30% this Akshaya Tritiya

Akshaya Tritiya, which falls on 28 April this year, is considered an auspicious day to buy gold

2 min read26 Apr 2017
Politics

Dubai’s gold market sales hit because of demonetisation

In a good year, rupee-led transactions in Gold Souq, the prime market in Dubai, would have accounted for close to 15-20% of sales, and more when gold prices take a dip

1 min read28 Dec 2016
Market

Why are Indians losing their love of gold?

Gold purchases by Indians halved in the first and second quarters of 2016 against a backdrop of policy changes and higher prices.

1 min read11 Oct 2016
Politics

Good monsoon rains to spur Indian gold demand, says WGC

The World Gold Council forecasts demand in 2016 at 850 tonnes to 950 tonnes, compared with 864.3 tonnes last year

2 min read12 May 2016
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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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