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Gold News

China's Gold Demand Hit 3-Year Low
The high gold prices resulted in a ‘wait and see’ approach by gold investors.
January 23rd 2020
Import Duty and Income Tax Cuts to Drive Gold Demand
The jewellers await concrete steps of action by the government to support ailing banking sector.
January 23rd 2020
GJEPC Urges Government to Cut High Gold Import Duty
The 12.5% duty on imports of gold, silver and platinum has impacted organized players in…
January 22nd 2020
India's Central Bank Eases Restrictions on Gold Auction
The NBFCs are required to declare a reserve price for the pledged ornaments.
January 22nd 2020
New Hallmarking Guidelines to Boost Gold Trade in India
Accordingly, gold will be sold only in three purity grades- 14 karat, 18 karat and…
January 21st 2020
KPMG Unveils Massive Growth Potential of India’s Gold Loan Market
The volatility in gold prices and liquidity stress in NBFCs will continue to impact gold…
January 20th 2020
Ministerial Panel to Probe Tax Evasion on Gold
The panel held discussions on feasibility of adoption of e-way bills or similar mechanisms to…
January 20th 2020
GJC Seeks Immediate Reduction in Gold Import Duty
Currently, the country charges 12.5% customs duty on imported gold.
January 17th 2020
WGC Foresees Soft Gold Trade Sentiment in India Through 2020
The policy reforms, including mandatory hallmarking requirements, are expected to improve confidence, build consumer trust…
January 17th 2020
WGC Launches Innovative Tool to Assess Gold’s Performance
The launch of Qaurum is being viewed as an important step forward in WGC’s ongoing…
January 17th 2020