Bullion Dealers Gold
Gold down Rs 10 at Rs 76,680; silver dips Rs 100, trading at 94,000/kg
The price of 22-carat gold also witnessed a decline of Rs 10, with ten grams of the yellow metal selling at Rs 70,290
 "Gold down Rs 10 at Rs 76,680; silver dips Rs 100, trading at 94,000/kg")
Gold price slips Rs 10 to Rs 66,250, silver rises Rs 100 to Rs 76,200
The price of one kilogram of silver in Delhi, Mumbai, and Kolkata stood at Rs 76,200
 "Gold price slips Rs 10 to Rs 66,250, silver rises Rs 100 to Rs 76,200")
Dubai's traditional gold shops take a hit as record prices deter buyers
The most affected were the gold brick shops, with workers at three locations saying sales are down by half
Gold prices surge on Middle East tensions, Federal Reserve rate-cut bets
Bullion was mostly flat on the week, but extended its run above the $2,000 level to nearly a month. U.S. gold futures settled 1.6% higher at $2,051.60
 "Gold prices surge on Middle East tensions, Federal Reserve rate-cut bets")
UAE deal poses a survival challenge for Indian bullion refineries
Under this gold will be imported at a duty lower than applicable to refineries
 "UAE deal poses a survival challenge for Indian bullion refineries")
IIBX at GIFT City: A potential gold standard for the bullion trade
IIBX has the potential to ease the hassle involved in importing precious metals
 "IIBX at GIFT City: A potential gold standard for the bullion trade")
Businesses pitch for gold import as Budget proposes bullion exchange
The exchange at the international financial services centre (IFSC) will be an additional option for trade for global market participants, says Budget 2020.
 "Businesses pitch for gold import as Budget proposes bullion exchange")
Gold price jumps 23% in 2019 on reduced supply, continuous buying by banks
The rupee's weakness against the dollar, however increased cost of imports, pushing consumers from buying gold unless necessary.
 "Gold price jumps 23% in 2019 on reduced supply, continuous buying by banks")
Top bullion dealers form a federation
More than 50 leading bullion dealers of the country spread across 17 states have decided to deal in gold by banking channels only and not have any dealing in unaccounted money.For this purpose, they came together and formed the Bullion Federation of India last month. On Tuesday, they will make a representation to the Ministry of Finance.A spokesperson of the federation said in the past five to six months, when gold import had nose-dived for various reasons, smuggling was high, compared to official imports. According to estimates, in the past few months, 60 per cent gold entered unofficially in the country. Dealers, claim one of the official, account for more than half of India's official gold imports. They place orders with banks and nominated agencies who import gold on their behalf. "The intension behind pledge to sell gold only using banking channels like RTGS or cheque etc is to expose those dealing with cash. There is no other way to expose them," said the spokesperson of the asso
