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Umedmal Tilokchand Zaveri

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'Gold has vanished from the system'

Jewellers sold huge quantities of precious ornaments at a premium of up to 50%.Many also rushed to convert their banknotes into gold.Dilip Kumar Jha reports from Mumbai. After bumper sales in the......

Gold heads for first Samvat gain in 3 yrs

Price up on weak dollar and strong demand Gold is heading for its first Samvat gain in three years on a sharp rebound in global markets following a steep decline in the dollar and renewed physical......

Jewellery sales gleam ahead of festive season

  The stabilising of gold prices at lower levels in both the domestic and international markets has advanced both seasonal and festive jewellery demand by over a month. The price is at a......

As prices fall, bullion dealers restock gold

Dealers expect prices to fall further, owing to an impending rate hike in the US Bullion dealers in India have started restocking gold, following the commodity’s prices falling to multi-year......

Gold import may fall as dealers sell at discount

In a rush to raise cash to fulfil banks’ payment commitments, bullion dealers are selling gold at a discount of $7-8 an ounce (Rs 175 for 10 gm) to jewellery manufacturers and retailers.......

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