The government on Friday hiked import tariff value on gold to $401 per 10 grams and on silver to $543 per kg in line with global price trends.
Five players to watch at the Masters, which starts on Thursday at Augusta National.
The 21-year-old, playing in his maiden PGA Tour event and first World Golf Championships tournament, remained the man to beat after a two-under-par 69 at Club de Golf Chapultepec in Mexico City.
Gold was Rs 28,100 per 10 gm on July 26, 2014.
Summary of sports events and persons who made news on Sunday
The proposed bullion bank can help settle gold loan accounts in gold terms, and promote existing gold schemes, along with launching schemes including gold-recurring deposits.
Import is returning to the normal prevailing three years ago
The concept of gold as an asset capable of getting anytime money is evaporating.
Tiger Woods announced on Wednesday that he hopes to make his competitive return to golf next month, beginning with the PGA Tour's Safeway Open in Napa, California, after spending more than a year on the sidelines.
Reigning Asia No. 1 Anirban Lahiri and Indian Open winner SSP Chawrasia will carry the country's medal hopes when they tee off here tomorrow as golf makes a return to Olympics after a gap of 112 years. Two-time European tour winner Lahiri has been a revelation for Indian golf in the last couple of years as he clinched the Asian tour order of merit after winning twice -- Maybank Malaysian Open and Hero Indian Open in 2015.
Recycling in India fell by 22 per cent to 14 tonnes against 18 tonnes.
World rapid champion Viswanathan Anand came up with a fine performance to be placed tied second in the blitz tournament of the Altibox Norway chess tournament, in Stavanger.
According to World Gold Council (WGC), gold jewellery demand in India, the world's largest consumer, touched record 662.1 tonnes in 2014.
According to jewellers and MMTC-PAMP India, gold demand has picked up in the wake of good monsoon and favourable price levels. There was positive response and more footfalls.
A summary of sports events and persons who made news on Saturday
- 'I feel I came through this year stronger and wiser'
Replaces China as imports more than double to 204 tonnes in September quarter, with demand up 39%.
Tiger Woods was a 'geek,' used to have 'Star Wars' wallpaper in his room.
Rory McIlroy turned the last 11 holes of his British Open into a glorified practice round on Friday as the Northern Irishman missed a British Open cut for the first time.
The World Gold Council, which represents the mining industry, puts India's demand between 850 and 950 tonnes in 2014.
Indian golfer Anirban Lahiri got off to a brilliant start at the European Tour's six-round Qualifying School Final Stage with a flawless five-under 65 at the par-70 Purple course and was placed second overall among the 156 starters.
Anirban Lahiri is going the full distance in terms of preparation and soaking in the atmosphere as he plays the pre-event traditional Par-3 which opens the official action at the Masters each year.
Tony Jacklin believes marriage would help Rory McIlroy, Jordan Spieth and Rickie Fowler to settle down off the golf course.
World No. 40 Anirban Lahiri will be a part of the International Team, which will take on United States in the biennial Presidents Cup in Korea.
Given the depth of his descent into a dark, cavernous hole that has swallowed so many child stars, Tiger's greatest victory was not in golf but rather in his journey back into the light. An exclusive excerpt from the fascinating new book, Tiger Woods.
Brazilian soccer legend Pele is doing 'fine' and will be discharged from a Sao Paulo hospital early on Thursday after he was admitted for stomach pains, one of his aides said.
American Charley Hoffman, helped by some brilliant iron play down the stretch, clinched his first PGA Tour title in four years with a one-shot victory at the $6.1 million OHL Classic at Mayakoba in Mexico on Sunday.
As Tiger Woods eyes the twilight of a remarkable career, he has his sights on records posted by Jack Nicklaus and Sam Snead and a growing pleasure that his children are starting to understand what he does on the course.