Gold custom duty increase 10% to 12.5%..
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Gold Spot Below $1,424 Only Sell Sell Sell, Sell Kar ke So Jaao, Big Down Fall Expected
Gold Spot Below $1,424 Only Sell Sell Sell, Sell Kar ke So Jaao, Big Down Fall Expected
Currently, Import of The Yellow Metal Attracts 10% Duty
Gold Silver Reports (GSR) – In global markets, gold prices remained steady today after Thursday’s fall. Gold was little changed at $1,417.96 an ounce. In India, on MCX gold futures for August delivery fell 0,02% to ₹34,209. Investors remained cautious ahead of today’s US jobs data for indications on rate cuts from the US Federal Reserve’s July meeting, analysts said.
Budget 2019 – Cut Import Duty on Gold, Says Gems/ Jewellery Sector – Gold Silver Reports
The All India Gem and Jewellery Domestic Council (GJC) has sought a reduction in import duty on gold and called for increasing the cash purchase limit of gold to ₹1 lakh, from ₹10,000.
Gold Spot Update – Below $1424 Level Only Sell Big Down Side Expected
Gold Spot Update – Below $1424 Level Only Sell Big Down Side Expected
Safe havens shined brightly Tuesday “as global slowdown worries are growing,” said Edward Moya, senior market analyst at Oanda.”The initial trade truce risk-on rally is over, and markets have little to show in hopes of a trade deal getting finalized anytime soon.”
Gold Spot Trades Below $1403 Level, Best-Way Sell on Rise – Neal Bhai
Gold Technically Outlook – Near Term Gold Spot Hurdle Kye is Between $1400—$1403 and any break above that targets key $1410——$1427 level. Major Upside Move only above $1444 level.
Gold Investors are now Focused on US Jobs Data Due This Friday – Neal Bhai
Gold Investors are now focused on US Jobs Data Due This Friday
U.S. employers added the fewest workers in three months and wage gains cooled, suggesting broader economic weakness and boosting expectations for a Federal Reserve interest-rate cut as President Donald Trump’s trade policies weigh on growth.
Gold Prices Today Fell Sharply in India – Gold Silver Reports
Gold Silver Reports (GSR) – Gold prices today fell sharply in India, mirroring a big decline in global prices. On MCX, gold futures for August delivery fell below the ₹34,000 per 10 gram, when they declined 1.2% to ₹33,810. The October gold contracts on MCX also fell sharply but managed to hold on to ₹34,000 level.
Gold Technical Analysis – 4 Hour Chat Show Support $33,331 Below We See ThunderStorm – Neal Bhai
Gold Technical Analysis – 4 Hour Chat Show Support $33,331 Below We See ThunderStorm – Neal Bhai
Gold Technical Analysis Unless Breaking $1,403 Support Turned Resistance – Neal Bhai
The long road to have a trade deal with the US, statements like Mexico and China can be partners against US pressure are likely showing Chinese media’s lack of appreciation to the recent trade truce.