Gold (Yellow Metal), once mocked for its lack of yield and practical use, offers something the growing pile of negative-yielding bonds doesn’t – inflation protection. Plus, it makes a great doorstop.
Commodity News
Commodity News – Real-time Accurate MCX Commodity Market News and forecast for today. Best commodity market online tips through whatsapp and telegram by Neal Bhai.
Selling Inherited Gold? Income Tax Rules You Should Know – Gold Silver Reports
![Gold Price Intraday Technical Forecast By Neal Bhai [08-06-2022]](https://www.goldsilverreports.com/wp-content/uploads/2018/12/gold-silver-shop-neal-bhai-reports.jpg)
Gold Silver Reports (GSR) – Gold prices have hit new highs in India. If you are looking to cash in on higher prices, you should know the income tax implications. Apart from physical forms like jewellery, coins and bars, gold can also be held in electronic forms like gold ETFs or exchange traded funds (ETFs), gold mutual funds and sovereign gold bonds. Income tax rules levied on sale of gold also depends on the form of gold holding and time period of holding.
Silver Prices Jumped Rs 910 to Rs 41100 per kg
Gold Silver Reports (GSR) – Silver prices ready on Thursday jumped Rs. 910 to Rs. 41,100 per kg, while weekly-based delivery surged Rs. 1,009 to Rs. 40,406 per kg.
Syrian Airstrikes on Village Market Kill at Least 12
AMMAN – At least 12 people were killed and scores wounded on Tuesday in aerial strikes believed to have been carried out by the Syrian air force on a popular market in a village in opposition-held northwestern Syria, rescuers and residents said.
देश में सोने की मांग में भारी कमी
देश में सोने की मांग में भारी कमी आई है। 5 जुलाई को बजट पेश होने के बाद पिछले सिर्फ 10 दिनों में ज्वेलरी की डिमांड करीब 90 फीसदी तक गिर गई है। आवाज़ की पड़ताल में ज्वेलर्स ने ये बात बताई है। दरअसल बजट में सोने पर इंपोर्ट ड्यूटी 2.5 फीसदी बढ़ने से घरेलू बाजार में एक झटके में सोना करीब 800 रुपए महंगा हो गया है।
The Right Time to Buy Yellow Metal – Gold Silver Reports
Gold prices surged last month to its six- year high of almost ₹34,500 per 10 grams in the domestic market and $1439 per ounce globally, supported by a combination of factors from geopolitical tension between US and Iran and on expectation of US Fed lowering rates in 2019 on concerns over global slowdown,”. However, post the rally we saw a sharp correction in gold.
MCX Gold Futures August Slipped 0.20% to 34,881 – Gold Silver Reports
Gold prices slipped in India today, mirroring a declining overseas trend. On MCX, August gold futures slipped 0.20% to 34,881 while the October contracts slid 0.2% to ₹35,164. August gold contracts had hit a record high of ₹35,145 last week.