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Gold prices head lower on rising equities, signs of economic growth

Gold set to head lower on rising equities, signs of economic growth

The prices of gold in the domestic spot and futures market are set to head lower on Wednesday with reference to the global market. Overnight, equities rose as the U.S. dollar, whereas the data showed the U.S. trade deficit fell to at ...

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In Delhi, Gold declines on sluggish demand; Silver up on fresh buying

Gold declines on sluggish demand; silver up on fresh buying

The prices of gold declined by Rs 200 to Rs 30,160 per ten grams in Delhi today on stockists selling against by weak demand. However, silver has found some support buying lowest level and retaken by Rs 120 to Rs ...

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Indian Govt considers easing gold import curbs, Sources says

Govt considers easing gold import curbs this month, Sources says

  Officials are discussions forward to cut out a record high import duty on gold and the relaxation of rules on exports, government sources said, after the measures helped reduce the trade deficit and now threatens to encourage gold smuggling. India ...

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Government will review gold imports policy, says Anand Sharma

Commerce Minister Anand Sharma said, the government is likely to reduce restrictions on gold imports.

Commerce Minister Anand Sharma said, the government is likely to reduce restrictions on gold imports. Gold import policy will be reviewed again. There is no shortage in the supply of gold jewelers. Gold imports are sufficient to Government trading companies. ...

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Govt lowers import tariff value on gold to $392 and silver $638

Govt lowers import tariff value on gold to $392 and silver $638

Government has reduced the import tariff value in gold and silver to $ 392 per ten grams and $ 638 per kg, respectively. The import tariff value is the base price on which the customs duties are determined to keep ...

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Reuters: Gold futures prices get a boost as bargain hunters return

Gold futures prices get a boost as bargain hunters return

Gold futures rallied on Thursday aligned with in global prices jumped 2 percent as bargain hunters emerged to take full advantage of the lowest prices. At 17:50, the most active gold for delivery in February rose 1.43 percent to 28,824 ...

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RBI allows refiners to import gold dore as per export performance

RBI allows refiners to import gold dore as per export performance

RBI allows refiners to import gold: The Reserve Bank of India (RBI) yesterday partly eased restrictions on the import of gold dore to allow refiners to import 15 percent of its annual gross requirement during the first two months, the ...

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Universal Commodity Exchange (UCX) buy Financial Technologies’ stake in MCX

Universal Commodity Exchange (UCX) buy Financial Technologies' stake in MCX

Little-known Universal Commodity Exchange (UCX) to buy Financial Technologies’ stake in MCX has started the preparations. UCX  has met about it from the Forward Markets Commission (FMC). Sources say that many FII investors and UCX  are negotiating to buy together ...

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