Reading Time: 2 minutes Silver fell to its lowest level since December by falling more than 6.5% this week, as indicators of a strong economy fuelled expectations that policymakers would soon begin to remove stimulus.
Reading Time: < 1 minute CRISIL report states that after two consecutive years of decline, the revenue of gold jewellery retailers are poised to grow 12-14 per cent year-on-year this fiscal, driven by stable gold prices and recovery in discretionary spending.
Reading Time: < 1 minute Gold and silver headed for their second straight weekly declines as signs of economic recovery in the U.S. added to speculation that stimulus could be reduced soon.
Reading Time: < 1 minute Bullion has traded in a tight range around $1,800 an ounce in recent weeks as investors weighed the outlook for reductions in stimulus amid risks from the delta virus variant and inflationary pressures
Reading Time: < 1 minute Gold prices held above the key psychological level of $1,800 as the dollar and bond yields came under pressure after a tamer-than-expected rise in U.S. inflation led to uncertainty on when the U.S. central bank will begin tapering its asset purchases.
Reading Time: < 1 minute Gold steadied as investors waited for U.S. inflation data that may affect when the Federal Reserve will start reducing stimulus.
Reading Time: < 1 minute Gold held a decline as a faster-than-expected increase in U.S. producer prices last month added to signs the Federal Reserve could soon start reducing stimulus
Digital Gold is here to stay – SEBIs circular is a reminder of Dos and Don’ts of enabling digital gold by brokers
Reading Time: 2 minutes SEBI has not come up with any new ban, as Section 8(3) of SCRR, 1957 is there for many years and SEBI has just reiterated the existing rules. They are clearly provided ways and means how third-party products could be sold to end customers. They are saying, if you don’t follow the guidelines, you have wind down.