Government has raised import tariffs on gold and silver to 15% from 6%, government orders said on Wednesday (May 13, 2026), as part of efforts to curb overseas purchases of the metals and ease pressure on the country’s foreign exchange reserves. The higher duties could dampen demand in the world’s second-largest consumer of precious metals, … Read more
Titan Co., the country’s largest jewellery retailer by revenue, plans to drive adoption and consumption of natural and lab-grown diamond jewellery as prices remain volatile for the precious stones and gold. Titan’s jewellery division needs to grow all of its arms to “really drive adoption and consumption of diamond jewellery and overall growth of the … Read more
The Reserve Bank of India (RBI) on Thursday announced the final redemption price of Rs 12,567 per gram for the Sovereign Gold Bond (SGB) 2017-18 Series III, which is set to mature on October 16, 2025.The tranche, originally issued on October 16, 2017, had been open for subscription between October 9 and 11, 2017. The … Read more
US President Donald Trump said on Monday that gold imports will not face additional tariffs, ending days of uncertainty that had rattled global bullion markets and sent futures prices to record highs.”Gold will not be Tariffed!” Trump said in a statement on his Truth Social account, without providing further details. His remarks followed confusion triggered … Read more
The government revised gold and silver imports for April-November FY25, with the steepest downward revision of $5 billion in the former. Data for November gold imports was revised to $9.84 billion, from the $14.86 billion announced last month, narrowing the trade deficit for the month to $32.8 billion, from the record $37.8 billion estimated earlier. … Read more
As the prices of gold and silver continue to rise amid geo-political tensions, ace global investor Jim Rogers has an advice for people: stay invested in precious metals and nothing can teach us better about bullion than Indian women. In an interaction with IANS on Thursday, Rogers, who is known for his expertise and strategic … Read more
Last week’s gold rush may have been triggered by bets on the US Federal Reserve‘s long-anticipated pivot to looser monetary policy, but the foundations for the record rally were laid in China. Prices breached Dec’s record on Tuesday and have jumped to successive daily highs ever since. The rally itself was peculiar: gold tends to … Read more
Gold jewellery demand in India in the third quarter (July-September) of 2022 went up by 17% at 146.2 tonne as compared to 125.1 tonne registered in the year-ago period. The overall gold demand was up 14% in Q3 at 191.7 tonne, when compared with 168 tonne achieved in 2021. But total recycled gold in India … Read more
Bombay Stock Exchange (BSE) is seeking regulatory approval to launch Electronic Gold Receipts (EGR) on it’s platform. Key points to note – EGR is consequent to announcement regarding spot gold exchange in this year’s budget. EGR would enable spot investing/ trading in gold that is allowed in many other countries. In India, presently one can … Read more