
Reduction in Duty on Precious Metals Welcomed
Mumbai: India’s Finance Minister Mrs. Nirmala Sitharaman yesterday reduce the long awaited import duty on gold and silver from 12.5 to 7.5%. For platinum, the

Mumbai: India’s Finance Minister Mrs. Nirmala Sitharaman yesterday reduce the long awaited import duty on gold and silver from 12.5 to 7.5%. For platinum, the

New Delhi: The government of India on February 1 recommended reducing import duty on gold and silver to 7.5 percent, a move which would make the bullion

Mumbai: India’s gold demand for 2020 hit levels last seen in 1995 due to a devastating combination of Covid-related lockdowns and all-time high prices. The

Mumbai: Gold demand appears to be positive in India as the consumer sentiment is likely to recover in 2021, from its dismal performance due to

Mumbai: The issue price for the next series of sovereign gold bonds has been fixed at Rs 5,000 per gram of gold, the Reserve Bank

Mumbai: Households and small businesses in India have preferred to pledge gold as collateral to meet financing needs rather than selling it outright during the

Mumbai: India’s total gold demand in Q3 2020 was down 30% to 86.6 tonnes year-on-year, which underscores the likelihood that the country may register its

Mumbai: To coincide with the 75th session of the UN General Assembly – and the SDG Business Forum – the World Gold Council (WGC) has

Mumbai: The World Gold Council (WGC) has announced the appointment of Mr. Randy Smallwood, President and CEO at Wheaton Precious Metals Corp. (“Wheaton”), as its

Mumbai: World Gold Council (WGC), the market development organisation for the gold industry, has welcomed Calibre Mining to its Board of Members. Calibre Mining is
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