Gold trade buoyed by good response on festival day

The All India Gem and Jewellery Trade Federation (GJF) has lauded Finance Minister P Chidambaram for not increasing the import duty on gold.

PUNE: As the traders' strike against Local Body Tax (LBT) enters its sixth day on Monday, more than 1,800 jewellers based in Pune and Pimpri Chinhwad will remain closed the occasion of Akshay Trithiya on Monday. It is perhaps for the first time in ...

The Reserve Bank's decision to restrict bank finance to gold imports meant only for jewellery exports will jeopardise the supply system and increase prices apart from boosting grey market, an industry body has said. RBI's restriction on the import ...

Soni, has been one of the founder members of GJF, has been voted Chairman Elect for the term 2013- 2015 along with the newly formed Executive Committee. The All India Gems and Jewellery Federation recently installed Haresh Chamanbhai Soni as the ...

Gold futures traded steady on Tuesday in line with global markets, with traders looking for bargains as weddings and festivals neared. At 3:51 p.m., the actively traded gold for June delivery on the Multi Commodity Exchange (MCX) was 10 rupees higher at ...

Fresh from Paris Fashion Week's trade show Trano, local jewellery designer Marilyn Tan will be showcasing her latest collections at fashion trade show Blueprint, which runs from today till Sunday. One of Singapore's top designers, the 61-year-old ...

MUMBAI: Jewellers in India faced shortage of the yellow metal ahead of the key wedding season, keeping premiums supported at higher levels, despite meeting part of the demand through left over consignment stocks from banks. On May 13, the Reserve ...

It was not immediately obvious what the silver lining — or should that be golden lining — to the latest headline figures from the World Gold Council (WGC) might be. World demand for gold dropped by 13pc in the first three months of the year, to ...

PUNE: Trade and business establishments in the city sustained huge losses on Monday as a result of the on-going strike but a huge demand for purchase of gold coins along with e-gold trading marked Akshay Tritiya celebrations. According to President ...