How To Buy gold biscuits in India? People own physical gold in the form of jewellery, gold biscuits, coins, and even bars. Nowadays, in addition to purchasing gold from your neighbourhood jeweller.
jewellery
Gold Technical Levels To Watch 05-January-2021
Gold Technical Levels : The Senate race will also be closely watched for gold traders, given that a blue wave scenario would likely push real yields further into negative territory and thus underpin the precious metal.
Budget 2019: Gold Custom Duty Increase 10 to 12.5%
Budget 2019 | Gold Duty | The government today increased customs duty on gold. Currently, gold attracts import duty of 10%. According to the Budget proposals, import duty to be hiked on gold and precious metals to 12.5%, from current level of 10%.
Gold Custom duty increase 10% to 12.50%
Gold custom duty increase 10% to 12.5%..
Govt proposes to increase import duty on gold to 12.5 pc
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.”
Diwali Gold Sales May Be Same as Last Year’s
Gold Silver Reports (GSR) – Gold sales this festival season are expected to be at last year’s level or if not more, as industry executives said demand for light-weight jewellery and safehaven buying would help offset the impact of rising international price and weak rupee. Also, in play would be the base effect, as last year’s sales were hit by GST-related issues, they said.
What GST Means for the Jewellery Sector
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.
Gold Jewellery Exports to UAE Halve So Far This Year
Gold Silver Reports — India’s gold jewellery exports to the UAE have halved in the first two months of 2017 as the country has imposed a 5% import duty on gold jewellery. As a result, jewellers like Malabar Gold & Diamonds, Popley & Sons and others, who have a presence in the UAE, are ramping up their capacities there.