Kairana Bypoll: Counting Begins, Crucial Test for BJP & Opposition

Congress WIN Against BJP in Rajasthan Forecast By Neal Bhai

Gold Silver Reports (GSR) – Kairana Bypoll: Counting Begins, Crucial Test for BJP & Opposition — The results of the by-election to the Kairana Lok Sabha seat, which went to polls on 28 May, will be declared on Thursday, 31 May. The seat fell vacant after the death of BJP MP Hukum Singh, whose daughter Mriganka Singh is now the party candidate.

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Gold Spot Fails to Break Upside Hurdle $1308 Level

Gold Spot Fails to Break Upside Hurdle $1308 Level

Gold Silver Reports (GSR) – Gold Spot Fails to Break Upside Hurdle $1308 Level – Gold managed to temporarily break above trendline resistance, but with the inability to push above the $1307 mark, there is still a strong chance of near-term downside to build on the weakness seen over the past month.          

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MCX Sees Record Turnover, Volumes in Gold Options

Gold Up But on Path for Longest Monthly Losing Streak in Two Decades - GSR

Gold Silver Reports (GSR) – MCX Sees Record Turnover, Volumes in Gold Options — Multi Commodity Exchange of India Ltd (MCX) witnessed a record turnover and volume of Rs 2,021 crore and 6443 kilograms (kg) respectively on Tuesday in gold options contract, according to a release issued by the exchange. 

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Government Sanctions Rs 30000-Crore GST Refunds To Exporters

Government Sanctions Rs 30000-Crore GST Refunds To Exporters

Gold Silver Reports (GSR) – Government Sanctions Rs 30000-Crore GST Refunds To Exporters — The government has sanctioned Goods and Services Tax refunds worth Rs 30,000 crore to exporters so far in lieu of input tax credit and integrated GST paid by them. Of the Rs 30,000 crore refunds, Rs 16,000 crore was refund for IGST paid, and Rs 14,000 crore was given as input tax credit to exporters, according to a finance ministry statement issued today. The input tax credit refund includes sanctions by both central and state governments.

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Gold Prices Kiss Top Rs 32000 Jewellers Buying

Gold Prices Today Remain Steady but Silver Rates Fall

Gold Silver Reports (GSR) – Gold Prices Kiss Top Rs 32000 Jewellers Buying – Traders said fresh buying by local jewellers and retailers at existing lower levels at the domestic spot market and a firm trend overseas, as political uncertainty in Italy and concerns of a possible China-US trade war spurred safe-haven demand, mainly led to the rebound in gold prices.

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