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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 decline 0.10% in futures trade

Gold prices today fell by 0.10 per cent to Rs 28,050 per ten gram in futures trade in line with weak overseas trends.Gold prices fell by Rs 28, or 0.10 per cent, to trade at Rs 28,050 per 10 grams for delivery in August at the Multi Commodity Exchange in 11 lots.The June contract of gold dropped by Rs 21, or 0.07 per cent, to Rs 28,506 per 10 gm in 660 lots.Gold tumbled by Rs 210 to Rs 30,040 per 10...
Source : Ndtv |
Category : Commodities | City : New Delhi

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

Technical Comment For The Day: Gold

Gold elevated for the second straight session on Friday last week. The prices of MCX Gold June contract were at Rs 26627 per 10 grams, up 1.12%. The metal tested a high of Rs 26660 per 10 grams and a low of Rs 26321 per 10 grams. A rise above Rs 26700 per 10 grams level can be said to be the trigger for buying that may get extended upto Rs 26850 levels. After 30th May 2014 and 2nd June Gold had created...
Source : Indiainfoline |
Category : Commodities

Technical Comment For The Day: Gold

Gains in MCX Gold on 25 July 2014 were sharp and to a great extent broke the bearish trend built during the week. Gold closed at Rs 27938 per 10 grams on Friday, up 1.13%. The prices gained Rs 312 per 10 grams. The supports are at Rs 27500 per 10 grams, while resistance for the contract is at Rs 28200 per 10 grams. It is still a tricky call for Gold as the prices failed to move above Rs 28200 on a...
Source : Indiainfoline |
Category : Commodities

Gold prices decline 0.10 pc in futures trade

Gold prices on Tuesday fell by 0.10 per cent to Rs 28,050 per ten gram in futures trade in line with weak overseas trends.by Rs 28, or 0.10 per cent, to trade at Rs 28,050 per 10 grams for delivery in August at the Multi Commodity Exchange in 11 lots.The June contract of gold dropped by Rs 21, or 0.07 per cent, to Rs 28,506 per 10 gm in 660 lots.Gold tumbled by Rs 210 to Rs 30,040 per 10 grams at spot...
Source : Business Today |
Category : Business | City : New Delhi

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

Technical Comment For The Day: Gold

Gold started to pick up steam in last day's trades and has paved way for some more buying in the coming sessions. The prices of MCX Gold June contract were at Rs 26330 per 10 grams, up 0.98%. The metal tested a high of Rs 26360 per 10 grams and a low of Rs 25980 per 10 grams. A rise above Rs 26200 per 10 grams level can be said to be the trigger for buying that may get extended upto Rs 26750 levels....
Source : Indiainfoline |
Category : Commodities

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
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