Page 2 - Rajesh Bhayani

Silver lining? Metal at record levels, but discount too is high

A small price correction is seen where demand is expected to return

Gold delivers positive returns eight years on the trot; at 16.1% in FY23

Analysts hope the recovery in the metal's prices will continue, but the movement of the dollar-rupee rate could limit the gains for Indian investors

Shining bright: Record high prices to weigh on demand for gold

Domestic prices are up 8 per cent in the last fortnight; international gold price trades around $1,970 after breaching $2,000 on Monday

Silver lining: India's imports at record 9,450 tonnes amid demand revival

The surge was led by demand revival from industry, fabricators and investors

UAE deal poses a survival challenge for Indian bullion refineries

Under this gold will be imported at a duty lower than applicable to refineries

Major non-farm commodities to take guidance from Dollar in new Samvat

Strengthening of the dollar the past few quarters has pushed investors to sell risky assets and shift to the greenback and oil

Diwali 2022: Dhanteras likely to see bumper demand for jewellery

Industry captains expect a 15-20% increase in demand over last year's high base

Crypto industry's winter deepens as trading volumes plunge, funds dry up

Volumes tumble over 80% in Jan-Sept; several entities receive 'drawdown notices' from investors

India's gold demand may cross China's: World Gold Council's John Reade

In a Q&A, the council's Global Chief Market-Strategist said the price of gold will face headwinds in the near future

Despite price fall, domestic gold trading at a discount to imports

In Mumbai, the yellow metal is going at a discount of $7-10 per ounce while in Ahmedabad it is $7

WazirX, Binance engage in war of tweets; investors worry about future

The ED has found major amount was diverted to WazirX and the crypto assets so purchased have been sent to unknown foreign wallets

India needs to have progressive regulation for crypto assets: Experts

Blockchain technology is needed and can be used in governance, they say

Farm to Fork: High prices of food staples a boon for farmers in India

The first of a four-part series highlights the impact of rising food prices on farmers' income

High duty may extend slack season for gold, keep prices in check for now

Gold domestic futures jumped by about 3 per cent to over Rs 52,000 per 10 gram in initial trading

'Get-rich-quick' days over for crypto investors post relentless sell-off

Global and domestic prices have been on a downward trail since November last year when Bitcoin prices hit a peak of close to $68,000 in international markets

NFTs, Metaverse prices follow crash of cryptos; innovations finding favour

But market is filtering out non-worthy assets

Bears tighten grip on cryptocurrency market after spell of volatility

Prices crashed, exchanges facing liquidity issues

India's gold demand declined sharply in March quarter as prices surged

The India trend is contrary to global demand for gold, which went up by 34 per cent YoY to 1,234 tonnes, the highest since Q42018.

We're working to make gold fungible...a perfect global currency: WGC CEO

In a Q&A, David Tait says the council will launch a self regulatory organisation for the Indian gold industry

Domestic gold spot exchanges face tax hurdle, unlikely to start ops

IBJA has also suggested to the govt to create a notional entity wherein all GST is immediately refunded by the govt to the trader as soon as gold is deposited in the vault