Black gold: India tax hike could boost illegal bullion, jewellery sales
As part of a new nationwide sales tax regime that kicked in on July 1, the Goods and Services Tax (GST) on gold has jumped to 3 percent from 1.2 percent previously, with traders and buyers saying the move will likely force more transactions into the black market.
Jul 04, 2017, 12:32 PM IST
Gold ends with minuscule loss on tepid demand, silver tanks
Silver's drop was sharp - as much as Rs 265 - at Rs 39,600 per kg, hit hard by reduced offtake from industrial units and coin makers.
Jul 03, 2017, 16:05 PM IST
