Indian exchanges see spurt in volumes due to the entry of newcomers to the trade
While the gold policy covers every aspect, from sourcing gold to trading and investing in it, experts assert that the policy is incomplete if mining of gold in India isn't promoted.
BSE proposes two models for making gold trading and investment transparent
Last week, the country's leading exchange, Zebpay, launched trading in Litecoin, which is the eighth-largest cryptocurrency, following rising demand from Indian investors.
Silver has a dual role - 60 per cent of the total silver produced is used for industrial purposes in the electrical & electronics segment and photovoltaic demand mostly for solar panels.
Keki Mistry, vice chairman and CEO, HDFC tells Joydeep Ghosh and Chirag Madia that unlike some other players it never went for excesses and never took unreasonable risks.
India Bullion and Jewellers Association said, self-certification of coins by refineries contravenes the basic purpose of a certifying agency.
Experts advise investors to buy at lower levels in the next few months and sell at the higher end of their range in the second half, reports Rajesh Bhayani.
With RBI holding on to rates, investors should avoid longer duration funds for the near future, experts tell Joydeep Ghosh
Import by 4-star and 5-star export houses effectively barred from importing for domestic consumption.
Those selling ornaments with lower purity might now offer hefty discounts in order to get rid of non-hallmarked stocks
Dhanteras is considered auspicious for investment and buying gold.
Avoid fresh investments, as there might be more opportunities in the coming months, market experts tell Joydeep Ghosh
To make money, invest in both good and bad times; otherwise the entire exercise is futile, experts tell Joydeep Ghosh & Sanjay Singh
Now, in many cases, they give no old jewellery but the bills they get show gold as provided by them, the jeweller's making charge and the GST on that.
Focus on large-caps and ensure that the portfolio is balanced.
Travel time, too, has not fallen much after the abolition of octroi with trucks still queued up at regional transport offices and toll tax plazas.
The cryptocurrency will fall in the RBI's domain.
The options include involving jewellers as collection centres, addressing of issues that banks have been facing and using domestically available gold for giving metal loans to jewellers for domestic sales.
Indian industry will have to deal with high raw material prices, and user industries will see their costs rising though with a lag in some cases.