Gold Monetisation Scheme Should Be Investor Friendly: Gitanjali Exports
After the announcement of a gold monetisation scheme in the Budget, the details of the scheme are keenly awaited. The scheme has the potential to attract Rs. 1 lakh crore worth of gold deposits, says Sanjeev Agarwal, CEO of Gitanjali Exports Corporation. (Watch video) In Budget 2015-16, Finance... read more »
Gold, silver rebound on marriage season demand, global cues
Gold prices recovered by Rs 95 to Rs 27,285 per 10 grams at the bullion market on Thursday on emergence of buying by jewellers to meet wedding season demand amid a firm global trend. Silver followed suit and rebounded by Rs 200 to Rs 37,400 per kg on increased offtake by industrial units and... read more »
Titan Company intimates on availability of credit for gold purchases
Titan Company announced that the Company will be able to avail credit from domestic nominated banks for gold purchases without restrictions. This will also result in the Company getting the benefits of natural hedging of gold fully with a possibility of negative working capital that the Company... read more »
Gold recovers on wedding season demand
Gold prices on Monday recovered by Rs 70 to trade at Rs 27,700 per ten gram at the bullion market, largely supported by wedding season demand from jewellers and retailers amidst a firming global trend. Silver rose for the third day by gaining Rs 200 to Rs 38,900 per kg on continued buying by coin... read more »
