Gold Hit 7-Month Low as India Tax Hike Adds to Fed Rate Cudgel
By Barani Krishnan Investing.com -- For gold, the Fed doesn’t seem to be its only nemesis: it’s also Indian tax authorities. Bullion’s value took a further dive to briefly...
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US Close – ISM hits 2-year low, Au Revoir 3.00% on recession worries, Choppy waters for Stocks, Commodity Markets tired of softening, Bitcoin tests $18K waters
US stocks can’t muster up a meaningful rally heading into the long weekend as recession worries grow after the ISM manufacturing report fell to a two-year low. Wall Street isn’t liking...
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European Union looking to ban Russian gold
Russia is the second largest gold mining country in the world, and its gold exports were estimated to be worth £12.6 billion in 2021. When the UK, the US, Japan and Canada unveiled their...
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Hike in import duty on gold may fuel smuggling
The government has hiked gold import duty to 15 per cent from 10.75 per cent to check the current account deficit (CAD) and rising import of the yellow metal. The duty changes came into...
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Silver Rates Surge Significantly Today, After Falling For 3 Days Straight
Silver prices in India, today, on July 1, are significantly bullish, after falling for 3 days straight. The silver rate is quoted at Rs. 5900/100 grams in India, gaining sharply by Rs....
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VanEck’s Reattempt for Spot BTC ETF
VanEck refiled to the SEC for spot BTC ETF after eight months from the previous result.The new application’s deadline is marked march 2023.VanEck has reapplied to the U.S Securities and...
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Import duty on gold increased, may not impact demand
Chennai, July 1 (IANS) The increase in customs duty on gold will not have any major impact on the precious metal's demand or the price, said a top official of Madras Jewelers and Diamond...
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'Increase in import duty on gold, will not have major impact on demand'
Chennai, July 1 (IANS) The increase in customs duty on gold will not have any major impact on the yellow metal's demand or the price, said a top official of Madras Jewelers and Diamond...
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Centre Hikes Export Taxes on Fuel, Windfall Tax on Crude; Which OMCs Exempted?
By Malvika Gurung Investing.com -- The Centre has hiked duties levied on the export of aviation turbine fuel (ATF), petrol and diesel exports, and announced an additional tax charged on...
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European Stocks Weaken; Micron's Outlook Weighs on Semiconductors
By Peter Nurse Investing.com - European stock markets traded sharply lower Friday, continuing the previous quarter’s weakness with investors becoming increasingly worried about the global...
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European Stock Futures Lower; Eurozone CPI Looms Large
By Peter Nurse Investing.com - European stock markets are expected to open lower Friday, with investors becoming increasingly worried about the global economic outlook as central banks...
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Import Tax on Gold Hiked Sharply by 5%: Here’s Why & Its Impact on Rates
By Malvika Gurung Investing.com -- The basic import duty on gold has been hiked sharply by 5% to 12.5% from 7.5%, as per a government notification on Friday, in efforts to put a check on...
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Buying gold to get costlier: Gold import duty hiked by 5%; this is how much you’ll pay in taxes now
India has raised basic import duty on gold to 12.5 per cent from 7.5 per cent, according to a government notice dated June 30.
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Import tax on gold hiked from 7.5% to 12.5%, amid trade deficit, rupee low
India has raised its basic import duty on gold to 12.5% from 7.5%, the government said in a notification on Friday, as the world's second biggest consumer of the precious metal tries to...
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India raises import tax on gold from 7.5 per cent to 12.5 per cent
Mumbai, July 1 India has raised its basic import duty on gold from 7.5 per cent to 12.5 per cent, the government said in a notification on Friday, as the world's second biggest consumer of...
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India raises import tax on gold to 12.5% from 7.5%
India fufills most of its gold demand through imports, which were putting pressure on the rupee which hit a record low earlier this week.
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Neeraj Chopra misses 90m mark by a whisker, finishes 2nd in Stockholm Diamond League
Neeraj Chopra opened with a stunning throw of 89.94m, just 6cm shy of the 90m mark, the gold standard in the world of javelin throw and that effort eventually turned out to be his best as he...
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Gold price today, July 1: Check gold rate in Delhi, Patna, Lucknow, Kolkata, Kanpur, Kerala and other cities
Here are the indicative price of 22 Carat Gold Today, 1 July 2022 (except GST, TCS, and other levies).
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Gold, silver fall in early trade; yellow metal selling at Rs 50,890/10 gm
Gold prices fell by Rs 110 in Friday's early trade from the previous day's rate, with 10 gram of yellow metal (24-carat) trading at Rs 50,890
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Gold prices dip on higher yields; Spot gold reaches $1,805.39 per ounce
Spot gold was down 0.1% at $1,805.39 per ounce, as of 0103 GMT, after hitting a more than six-week low of $1,801.50 in the previous session.
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Gold dips on higher yields, faces third straight weekly fall
New U.S. data for May showed little immediate relief from the record pace of inflation pushing the Federal Reserve toward another oversized interest rate increase next month, but it did add...
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Gold bound for worst quarter in over a year on hawkish Fed policy
Gold slipped on Thursday, heading for its worst quarter in five as a hawkish tone from global central banks dimmed appeal for the non-yielding asset
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Neeraj Chopra sets new national record, finishes 2nd at Diamond League
Olympic champion Neeraj Chopra clinched his first top-3 finish at the prestigious Diamond League Meeting with a national record-shattering effort
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Gold Sees Worst Quarter in Five, Losing Shine to U.S. Rate Hikes
By Barani Krishnan Investing.com -- The Fed is costing the gold bug dearly. As trading wrapped for June, bullion’s value dropped more than 8% for the second quarter, posting its worst...
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: Apple has ended imports of gold and tungsten from Russia
Apple Inc. is no longer importing gold and tungsten from Russia, the company has confirmed to MarketWatch.
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Gold prices bound for worst quarter in over a year on hawkish US Fed
(Reuters) - Gold slipped on Thursday, heading for its worst quarter in five as a hawkish tone from global central banks dimmed appeal for the non-yielding asset.
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Gold prices down a fourth straight session, tally a loss for the month
Gold futures marked a fourth straight session decline on Thursday, ending more than 2% lower for the month, according to FactSet data. A "strong U.S. dollar and rising interest-rate...
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Environmentalists Speak Out As Armenia Restarts Controversial Gold Mine
After years of indecision, Armenia appears to be preparing the way to resume the development of the controversial Amulsar gold mine project. On June 18, new amendments in the country’s...
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