Sovereign gold bond scheme opens today: check price, discount, other key things
The sovereign gold bond scheme 2022-23 will be open for subscription between August 22 and August 26; the issue price has been fixed at ₹5,197 per gramme of gold
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High interest rate makes gold uninteresting
True to its nature, gold takes a plunge with rise in global interest rates
Gold jewellery retail volumes may fall 5% in FY23: Crisil
Though higher gold prices will compensate for the volume loss and ensure the industry's revenue remains flat year-on-year, operating margins would be impacted.
Gold import duty hike to raise retail jewellery prices and smuggling
Overall taxes on gold now rise sharply from 14% to around 18.45%.
Centre hikes customs duty on gold to 15%, imposes cess on fuel, ATF exports
FinMin remains silent on additional revenue these tweaks will rake in, but it points out these measures will not impact domestic prices of petrol, diesel and ATF
Gold jewellery demand in India to jump 11% in FY23: ICRA
Driven by the Akshaya Tritiya season, the jewellery industry is expected to witness a 45% year-on-year growth in the first quarter of FY23.
Kalyan Jewellers shares surge 5%; here’s why
Shares of Kalyan Jewellers surged after the company unveiled plan to raise up to $200 million via U.S. dollar-denominated notes to refinance its debt.
Gold price at one-year high! What should investors do?
Gold price has rallied to its one-year high, breaching the ₹51,000 per 10 grams mark in February.
New-age Ways to Beat Inflation
A host of new-age instruments can come in handy for generating inflation-beating returns. Here are the pros and cons of each of these options.
India in global gold buying spree; RBI 2nd largest buyer of yellow metal
RBI mopped up 77.5 metric tonnes of gold in 2021, its second highest ever after 2009 when it bought 200 metric tonnes from the International Monetary Fund.
