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MCX shares spurt 7% as FMC allows Blackstone GPV Capital to hike stake

MCX shares spurt 7% as FMC allows Blackstone GPV Capital to hike stake

Shares of Multi Commodity Exchange of India Ltd (MCX) rose more than 7 percent on BSE the reports by the Forward Market Commission (FMC) has given its nod to Blackstone GPV Capital Partners (Mauritius) Ltd FII VI to improve their ...

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Indian Gold import curbs to stay despite easing trade gap

India gold imports despite a recent improvement in the trade gap and advocacy

Keep at bay, India gold imports despite a recent improvement in the trade gap and advocacy by an industry gold struggling with bullion high premiums and a shortage of supply. The government is concerned that the trade gap could worsen ...

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India Gold jewellery exports fall again in Nov; no recovery in sight

Gold jewellery exports fall in Nov, restrictions continued hit shipments

Exports of gold jewelry from India fell by nearly a third-year in November, as restrictions continue to impact shipments, and industry officials said it was unlikely that the recovery in the short term. The government of India has imposed record ...

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Govt slashes tariff value on imported gold, raises on silver

Govt slashes tariff value on imported gold, raises on silver

Government yesterday on friday slashed the value of import tariffs on gold at $ 398 per ten grams while silver rises slightly in to $ 643 per kg aligned with global trends. The tariff value of the imported gold is ...

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Indian gold futures on MCX edge higher by weaker Indian rupee

Gold futures in India edged higher on Friday night, helped by a weaker Indian rupee amid flat overseas markets

Gold futures in India edged higher on Friday night, helped by a weaker  Indian rupee amid flat overseas markets. * At 12:28 GMT, the more proactive gold contract for delivery in February on the MCX was higher by 0.20 percent at ...

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Gold smuggling, Government faces a big challenge

Government troubled by gold to save the economy, whether it appeared strictly on imports, its smuggling has increased.

Government troubled by gold to save the economy, whether it appeared strictly on imports, its smuggling has increased. Notably is that, so far raising fears of smuggling was the only industry. But now even governmental agencies like DRI to claim ...

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US Gold steadies after sharp fall; MCX Gold, Silver futures negative

US Gold steadies after sharp fall; MCX Gold, Silver futures negative

The prices of gold in the world market Friday were spotted trade in an all time low level in a week after strong data continued to exert pressure on the commodity. U.S. gold futures steadied on Friday after a sharp ...

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Gold prices falls on profit-selling, weak global cues

Gold prices falls on profit-selling, weak global cues

The prices of gold declined by Rs 110 to Rs 31,040 per ten grams in the capital city today on profit-selling by stockists at existing highest levels amid a weaker global trend. However, the silver gained for the third consecutive ...

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