SILVER MERCHANTS ASSOCIATION

Anant Ambani and Radhika Merchant are set to marry on July 12, 2024, in Mumbai. Their wedding celebrations include a grand Sangeet ceremony where friends will perform dances depicting the couple's love story. The Sangeet will feature a mix of Wester...

In the world of gold smuggling in Kerala, intricate schemes unfold, often involving carriers from the UAE, rival gangs, and strategic maneuvers to avoid detection. This illicit trade, deeply rooted in gang rivalry and hawala transactions, thrives al...

BSE is confident that through this MoU, bullion merchants, wholesalers, retailers and exporters from all over Madurai and the wider south zone will promote and encourage the establishment of newer financial bullion and related markets.

Demand determines the price of any commodity. But that does not seem to be the case with silver, which has gained nearly 54% to about Rs 73,300 per kilogram over a one-year period.

Govt notifies dealers in precious metals and stones as designated businesses under PMLA to tackle money laundering through multiple cash deals up to or above Rs 10 lakh.

Koduvally has the unique distinction of having a kilometre-long street of gold retail trade. KGM was their first venture into modern retail — a store complete with new designs, large stocks of gold jewellery and even diamonds. They were forced into ...

​​Prices of finger turmeric were down by Rs 450 a quintal .

​​The short covering in jeera is expected to face resistance near Rs 18,300-18,400 levels.

Bullion counter may witness some profit booking at higher levels.

The ecommerce player did not share the exact number of sellers in each categories, but some sellers said gold comprises about 30% of total vendors.

The bullion traders' strike over the imposition of 1 per cent excise duty on non-silver jewellery entered its ninth day today.

Gold and jewellery establishments in many parts of the country remained closed for the 8th day as traders continue their protest.

India imported about 4,000 tonnes of silver last year, spelling average monthly imports of about 330 kg per month.

As long as the restrictions on import of gold remain, there will be no stopping this clandestine flow of the metal, according to authorities.

Gold jewellery sales are down almost 20% while silver demand has declined almost 40% though the price of the metal softened on Friday by 3% to Rs 49,500 per kg.

With gap between gold and diamond jewellery prices declineing considerably, buyers now see diamonds as an alternative to gold.

A stronger rupee will hit Indian exporters hard but will put importers in an advantageous position. Exporters, who are already doing business on a thin margin, will be hit further.

Flush with funds, farmers go for metal in coins or blocks, betting on its investment appeal.

Rising gold prices have no impact over the buyers ahead of the upcoming festive season of Dussera, Diwali and X'mas across the country.