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Salesman arranges gold necklaces at jewellery shop in Agartala

Gold down by Rs 10; silver by Rs 200 on sluggish demand
New Delhi: Both the precious metals, gold and silver, on Monday declined due to sluggish demand at prevailing higher levels amid stockists selling. While gold declined by Rs 10 to Rs 29,465 per 10 grams, silver lost Rs 200 to Rs 54,300 per kg on reduced offtake by industrial units and stockists. Traders said subdued demand at prevailing higher levels mainly helped both gold and silver prices to trader

How to win girlfriends and influence wives

Three years ago, 10 gm of gold wore a price tag of Rs 14,500. Today it is close to Rs 30,000. Little wonder, the consumption of the yellow metal is slowing in the country — gold consumption

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Gold jewellery imports may attract 4% countervailing duty

The finance ministry is considering levying four per cent countervailing duty (CVD) to protect the domestic gold jewellery industry from the glut of ready-made ornament imports through Thailand.

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AUM growth drives Manappuram FY12 profit

Manappuram Finance Ltd, the Kerala-based gold loan non-banking financial company, reported a net profit of Rs 591.5 crore for FY12, compared to Rs 282.7 crore in the previous year, registering a

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Gold, silver hold firm on rising demand, global sentiment

Gold prices maintained its firmness at the domestic bullion market here today on consistent demand from stockists as well as good retail buying interest, supported by buoyant global cues. Silver,

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Facebook IPO averts 'odd lot' question

Facebook Inc's modest debut on Friday may have averted a potential headache for the company and regulators, and kept at bay a debate over the role of "odd lots" in the marketplace. Shares of

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