Gold Coin

Buying gold coins from banks may not be a prudent decision because of inflated prices. The RBI rule stipulates that banks cannot buy back gold coins purchased from them. Instead, investors can consider buying alternative gold instruments such as gold ETFs, digital gold and sovereign gold bonds, investment advisors say.

Why coins could be your choice of gold this Diwali

Dhanteras and Diwali are big occasions to buy gold. If your intention is to accumulate gold to convert it into jewellery later, or you think you may sell it sometime in the future, gold coins are a better alternative; they are purer than gold jewellery and fetch you a better price.

Gold demand picks up, but can it sustain?

While physical demand for gold can be expected to pick up in 2021 both from consumers and central banks, gold ETFs pose a risk to a bullish scenario

£10,000 coin from Queen's Beasts commemorative collection weighing 10 kg unveiled by Royal Mint is already sold: Here's all you need to know

The coin has already been sold and even though Mint did not disclose details about the purchase, a a coin of this calibre and craftsmanship would be priced in the region of six figures.

Commodities@Moneycontrol | Roundup of key happenings in the market

Here's a roundup of key updates in the commodities

Scrapping of excise on branded gold coins positive: Somasundaram

Reacting to the development, PR Somasundaram, MD of India World Gold Council said total gold coin market in India is estimated at roughly 70-90 tonne and of this, branded portion is very small.

Gold languishes at 1-month low; govt launches gold-schemes

Meanwhile Prime Minister Narendra Modi today launched three ambitious schemes to reduce the physical demand for gold and fish out 20,000 tonnes of the precious metal worth USD 800 billion lying idle with households.

PM launches 3 gold schemes and national gold coin

PM Modi also unveiled the first-ever national gold coin minted in India with the national emblem of Ashok Chakra engraved on it

RBI issues guidelines on Sovereign Gold Bonds

Issuing the operational guidelines on the gold bonds, RBI said application forms from investors will be received at branches during normal banking hours from November 5 to 20.

Stock market prediction for April 6-10: Satish Gupta

According to Satish Gupta of astrostocktips, auto sector will continue receiving strong astrological support and advises buying Ashok Leyland, Maruti Suzuki India, Mahindra and Mahindra, Bajaj Auto, Tata Motors, SML Isuz and Hero Motocorp on every decline.

Union Budget 2015: India to introduce gold deposit accounts

Finance Minister Arun Jaitley however did not make any mention of cutting the 10 percent import duty in his speech on Saturday unveiling the Budget for the next fiscal year starting April 1.

Govt may take more steps to curb gold import: FinMin

The government take steps to curb gold imports, department of economic affairs secretary Arvind Mayaram said. "May consider banning gold coin sale by banks," Mayaram. Regulations for chit funds was also being discussed.

WGC partners with various associates for 'Akshaya Trithiya'

World Gold Council today said it has partnered with various organisations like India Post and Muthoot Pappachan Group to provide options to consumers for investing in gold this Akshaya Trithiya.