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Government cuts tariff value on imported gold, silver

government reduced the import tariff value of gold and silver to $418 per 10 gm and $699 per kg, respectively, in line with global rates.to $418 per 10 gram and $699 per kg, respectively, in line with global rates of the precious metals.The tariff value, the base price at which the customs duty is determined to prevent under-invoicing, stood at $436 per 10 grams for gold and $702 per kg for silver...
Source : The Economic Times |
Category : Business

Gold prices may cross Rs 33,000 level

partnerships.Media report said that the yellow metal closed at Ra 32,570 per 10 grams in Delhi and Rs. 31,7000 per 10 grams in Mumbai last week.Gold prices are likely to cross Rs. 33,000 per 10 grams in the run-up to Diwali, according to report said.Media report said that the yellow metal closed at Ra 32,570 per 10 grams in Delhi and Rs. 31,7000 per 10 grams in Mumbai last week.“There is scarcity of...
Source : Indiainfoline |
Category : Business

Govt reduces tariff value on imported gold, silver

noticeable.Report said that the tariff value, stood at $436 per 10 grams for gold and $702 per kg for silver during the last fortnight.The government has reduced the import tariff value of gold and silver to $418 per 10 gram and $699 per kg, respectively, according to reports.Report said that the tariff value, stood at $436 per 10 grams for gold and $702 per kg for silver during the last fortnight.The...
Source : Indiainfoline |
Category : Business

Gold, silver import tariff value slashed

today reduced the import tariff value of gold and silver to $418 per 10 gram and $699 per kg, respectively, in line with global rates of the precious metals.The tariff value, the base price at which the customs duty is determined to prevent under-invoicing, stood at $436 per 10 grams for gold and $702 per kg for silver during the last fortnight.The notification in this regard has been issued by the...
Source : Ndtv |
Category : Commodities | City : New Delhi

Gold futures down on weak global cues

Gold prices moved down by 0.36 per cent to Rs 29,130 per 10 gram in futures trade on Monday after participants offloaded partial positions, taking weak cues from the...
Source : Times Of India |
Category : Business

Gold futures down 0.26% on rising rupee

Gold futures prices on Friday fell by 0.26 per cent to Rs 29,787 per 10 grams as speculators offloaded their positions, taking weak cues from the global market amid rising...
Source : Times Of India |
Category : Business

Government hikes import tariff value on gold, silver

government today hiked the import tariff value on gold and silver to USD 431 per 10 grams and USD 646 per kg, respectively, taking firm global cues.to USD 431 per 10 grams and USD 646 per kg, respectively, taking firm global cues.During the first fortnight of the current month, tariff value on imported gold was fixed at USD 421 per 10 grams and silver at USD 644 per kg.The import tariff value -- the...
Source : The Economic Times |
Category : Business

Gold prices fall 0.57 pc in futures trade on global cues

Gold prices fell by 0.57 per cent, to Rs 33,438 per 10 grams in futures trade on Friday as speculators indulged in trimming positions amid a weak global trend.Gold for delivery in far-month December fell by Rs 193, or 0.57 per cent, to Rs 33,438 per 10 grams in business turnover of 12 lots at the Multi Commodity Exchange.in October lost Rs 174, or 0.52 per cent, to Rs 33,476 per 10 grams in 305 lo...
Source : Business Today |
Category : Business | City : New Delhi

Gold futures rise 0.49% on global cues

Gold futures rose 0.49 per cent today to Rs 28,790 per 10 grams as speculators enlarged their positions, driven by a firming trend in the Asian region.At the Multi Commodity Exchange, gold for delivery in April rose by Rs 140, or 0.49 per cent, to Rs 28,790 per 10 grams in a business turnover of 522 lots.The metal for delivery in the June moved up by Rs 133, or 0.47 per cent, to Rs 28,464 per 10 grams...
Source : Ndtv |
Category : Commodities | City : New Delhi

Technical Comment For The Day: Gold

managing to stay above Rs 29500 per 10 grams in the domestic markets. The prices closed at Rs 29820 per 10 grams on Monday. Gold looks to be forming a support at these levels as well in Indian markets. Gold is also forming a pattern of descending triangle with trendline support at Rs 29200 per 10 grams. Remember, Descending triangle is a bearish pattern, and breaching trendline can prove fatal for...
Source : Indiainfoline |
Category : Commodities