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Commodity Exchange NCDEX new Gold Hedge contract

Commodity Exchange NCDEX new Gold Hedge contract

NCDEX Commodity Exchange has moved a proposal to the sector regulator FMC to launch a new gold contract focuses on a more transparent hedging platform for bullion importers. NCDEX, which has pioneered a variety of agro-contracts, now plans to expand ...

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Gold futures rises highest to 1-week, premiums ease

on the MCX stock exchange gold for delivery in February was 0.16 percent higher

Gold futures in India was raised to its highest level in a week, aligned with the overseas markets, though a stronger rupee maintained at upside limited and premiums went down a bit on the physical market before a festival harvesting. ...

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An Indian arrested at Sharjah for trying to smuggle out gold biscuits

An Indian arrested at Sharjah for trying to smuggle out gold biscuits

An Indian man was arrested on Saturday in Sharjah, United Arab Emirates while trying to smuggle 12 gold biscuits to India. The suspect, who was identified Gh.R.A. He was captured by customs officials at the airport. He was going to India ...

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Delhi Gold prices rise for third day on higher buying, firm global cues

gold prices rose by another Rs 45 to Rs 30,215 per 10 grams in Delhi on Saturday on higher purchases by stockists and jewelers

The increase for the third consecutive day, gold prices rose by another Rs 45 to Rs 30,215 per 10 grams in Delhi on Saturday on higher purchases by stockists and jewelers to meet the demand of the next season marriage ...

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Gold extends gains on stockists buying wedding season demand, Silver snapped

Gold extends gains on stockists buying wedding season demand, Silver snapped

Gold extended gains for second consecutive day, adding Rs 90 to Rs 30,170 per ten grams in Delhi today in the continued buying by stockists for the ensuing wedding season between reaffirming global trend. Silver snapped his tendency to lose two ...

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India Gold imports may fall 40% to FY14

India Gold imports in the current financial period may be lower by 40 percent to 515 tonnes compared to 846 tonnes a year ago

India Gold imports in the current financial period may be lower by 40 percent to 515 tonnes compared to 846 tonnes a year ago. That shall mean the lowest in 10 years. In December, imports 20 tonnes. While this will ...

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RBI allows NBFCs to lend up to 75 percent against gold jewellery

The Reserve Bank on Wednesday allowed NBFCs to lend up to 75 per cent of the value of metal from 60 per cent at present

People who seek loan taken against gold jewelery are now able take on more debt, as the Reserve Bank on Wednesday allowed NBFCs to lend up to 75 percent of the value of metal from 60 percent now. “… it ...

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Gold fell by Rs 160 to Rs 30,000 and Silver also by Rs 1,050 to Rs 44,300

Gold fell by Rs 160 to Rs 30,000 and Silver also by Rs 1,050 to Rs 44,300

Gold prices fell by Rs 160 to Rs 30,000 per ten grams in Delhi today in the continued selling by stockists against weak demand amidst a weak global trend. Silver also fell by Rs 1050 to Rs 44,300 per kg ...

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