Gold & Silver

India Tightens Gold-Import Rules to Curb Trade Irregularities

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Gold Import

Money Market Guru – India Tightens Gold Import Rules to Curb Trade Irregularities – India moved to curb gold-trade irregularities by preventing some trading houses from importing the metal following a surge in shipments in recent months.

Gold Prices Up on Festive Demand

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Gold Jewellery

Gold prices rose by Rs80 to Rs30,830 per 10 gram on Thursday following uptick in festive season demand from jewellers and retailers at the domestic spot market amid a strong global trend. Silver too rallied by Rs235 to Rs41,300 per kg on higher offtake by industrial units and coin makers.

Gold Prices Recover on Renewed Buying

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Gold Prices RecoverGold Silver Reports — Gold prices recovered by Rs120 per ten grams at the bullion market on Wednesday in sync with a firm global trend amid persistent buying by local jewellers. Silver also advanced by Rs145 per kg backed by increased offtake by industrial units.    

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