Gold Price Today, 2 May 2021: Gold being sold at discount in India as COVID-19 pandemic stalls demand
Dealers were offering a discount of up to $2 an ounce this week over official domestic prices, inclusive of 10.75% import and 3% sales levies, from last week`s premium of $2. On Friday, gold prices ended 0.13% higher at Rs 46,785 per 10 gram. Silver prices stood at Rs 68,423 per kg.
May 02, 2021, 14:16 PM IST
Surge in gold imports from South Korea sets off alarm bells
Gold imports from South Korea, with which India has a free trade agreement since January 2010, has jumped to USD 338.6 million during July 1 and August 3 this year.
Aug 09, 2017, 18:16 PM ISTChina gold demand to grow over 5 years, but at slower pace: Barclays
China`s share of the global gold market will expand in the next five years as it will be one of the few countries witnessing demand growth, but at a slower pace, Barclays analysts said.
Mar 20, 2015, 17:26 PM ISTAppetite for jewellery boosts India gold demand: WGC
Jewellery demand in India surged 60 percent in the third quarter, but investment demand eased 10 percent.
Nov 13, 2014, 10:50 AM ISTGold demand will increase, says World Gold Council
The World Gold Council is confident that 2014 would end on a robust note in gold demand in India, contrary to the initial drop in the first half.
Sep 26, 2014, 18:40 PM IST