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Precious Metal
Precious Metal News
Gold smuggling
12 Dec 2022
Gold Smuggling reaches three-year high post govt import duty hike
Seizures of smuggled gold in India reached a three-year high this year. Government raised the import duty on the precious metal. So-called grey market operators try to avoid the import duties by selling gold at discounts to market prices.
Gold prices
22 Apr 2017
Gold reclaims Rs 30,000-mark on global cues, jewellers purchase
Gold prices reclaimed the Rs 30,000-mark for the first time in over six weeks by climbing Rs 200 per 10 grams on Saturday. The recovery was seen on basis of global cues and increased purchase in jewellery.
Gold
10 Apr 2017
Gold edges down on stronger dollar, but geopolitical tensions support
Spot gold was down 0.1 percent at $1,252.20 per ounce by 0319 GMT, while US gold futures had dropped 0.2 percent to $1,254.30.
Gold futures
19 Mar 2015
Gold futures recover by Rs 293 on global cues
Gold prices recovered by Rs 293 to Rs 25,930 per 10 grams in futures trade today as participants created fresh positions after the precious metal recovered from three-month lows.
Gold
17 Oct 2014
With seizures up, Indian gold smuggling loses its shine
Seizures at the airport, one of India`s biggest hubs, jumped almost nine fold to 604 kg in the period running from April to September 2014 against 70 kg in the same period a year ago.
Gold
17 Oct 2014
With seizures up, Indian gold smuggling loses its shine
Seizures at the airport, one of India`s biggest hubs, jumped almost nine fold to 604 kg in the period running from April to September 2014 against 70 kg in the same period a year ago.
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