Gold Silver Reports – The GST (goods and services tax) rate on gold jewellery is fixed at 3%. While it is higher than the earlier tax on gold, the GST rate is lower than expectations of a 5% rate and that is a relief.
Month: September 2017
Silver MCX Under Fresh Selling, Support ey 39560
Rupee Weakens for Sixth Session, Longest Losing Streak Since May 2016
Bonds Slide as Dollar Climbs on Tax Plan, Economy
Gold Silver Reports – Bonds Slide as Dollar Climbs on Tax Plan, Economy – Global bonds declined as optimism over the health of the U.S. economy and President Donald Trump’s tax-cut plan pushed Treasury yields higher with the dollar. Asian stocks were mixed as investors began to assess the implications of the much-anticipated tax proposal.
India May Raise Natural Gas Price First Time in 3 Years
Gold Silver Reports – India May Raise Natural Gas Price First Time in 3 Years – India may increase domestic natural gas prices for the first time in nearly three years, providing some relief to producers who are struggling to recover costs, a Bloomberg survey of analysts and industry participants showed.