Gold prices spurted by Rs 315 to trade at Rs 31,250 per 10 grams here immediately after government increased import duty on the metal to 6 per cent.In the afternoon, gold prices were trading at Rs 30,935 per 10 grams. Rates shot up after the government announced a hike in the duty in the evening, traders said."Prices have increased by over Rs 300 per 10 gram after the import duty hike," All India Sarafa...
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All bullion contracts showed up trend. Gold August 11 contract was up 3.81% to Rs 23,001 per 10 grams, Gold Mini August 11 contract was up by 3.77% to Rs 23,000 per 10 grams, Gold Guinea July 11 contract rose by 3.66% to Rs 18400.00 per 8 grams while Gold Petal July 11 contract gained by 3.59% to Rs 2309 per gram. Silver September 11 contract was up by 5.56% to Rs 57705 per kg, Silver M August 11 contract...
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Gold prices today witnessed the steepest single-day fall of Rs 1,840 per 10 grams here on frantic selloff from investors. Silver also tumbled in tandem with gold. Standard gold nosedived by Rs 1,840 per 10 grams to close at Rs 25,670. Pure gold plummeted Rs 1,835 per 10 grams to Rs 25,795. Silver ready tanked Rs 3,785 per kilo to Rs 60,545.Finance minister Pranab Mukherjee today expressed concern as...
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import duty on gold was fixed at 2% of the value, instead of the earlier rate of Rs300 per 10 gramsNew Delhi: The government on Friday reduced the import tariff value of gold from $573 per 10 grams to $530 per 10 grams, while the value was kept unchanged at $1,036 per kg for silver imports.The tariff value, which is released fortnightly, is the base price on which the customs duty is determined to...
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spurted by Rs 315 to trade at Rs 31,250 per 10 grams here immediately after government increased import duty on the metal to 6 per cent.In the afternoon, gold prices were trading at Rs 30,935 per 10 grams. Rates shot up after the government announced a hike in the duty in the evening, traders said."Prices have increased by over Rs 300 per 10 gram after the import duty hike," All India Sarafa Association...
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Adding to its appeal as safe investment bet, gold on Thursday surged to new record of over Rs 24,000 per 10 grams on soaring demand from stockists and jewellery makers ahead of the marriage season.Standard gold (99.5 purity) gained by Rs 70 to close at Rs 24,025 per 10 grams in the Mumbai bullion market.Pure gold (99.9 purity) also rose by a similar margin to finish at Rs 24,145 per 10 grams.Gold prices...
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precious metal was expected to touch the mark of Rs25,000 per 10 gram by Rakshabandhan, but gold climbed that level much before the festive day. On Monday, the price of gold touched a new peak of Rs25,325 per 10 gram in Ahmedabad.In last ten days, the gold prices in Ahmedabad have climbed by more than Rs2,000. On July 31, gold was traded at around Rs23,000 per 10 gram but it increased to Rs25,325 on...
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slashed the import tariff value of gold to $535 per 10 gram and reduced the rate for silver marginally to $1,003 per kg due to weakening global prices of precious metals.The tariff value is the base price on which the customs duty is determined to prevent under-invoicing. In the last fortnight, the tariff value of gold was $545 per 10 gram, while silver was $1,018 per kg.The Central Board of Excise...
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government today slashed the import tariff value of gold to $535 per 10 gram and reduced the rate for silver marginally to $1,003 per kg due to weakening global prices of precious metals.The tariff value is the base price on which the customs duty is determined to prevent under-invoicing. In the last fortnight, the tariff value of gold was $545 per 10 gram, while silver was $1,018 per kg.The Central...
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Gold prices fell by 0.36 per cent to Rs 27,565 per 10 grams in futures trade today, in tune with a weakening trend in overseas markets., gold for delivery in February fell by Rs 71, or 0.36 per cent, to Rs 27,565 per 10 grams in 4,712 lots.In a similar fashion, the metal for April contract delivery lost Rs 84, or 0.30 per cent, to Rs 27,858 per 10 grams in 153 lots.Market analysts said a subdued trend...
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