Gold rout spurs buying spree of US Mint coins

Last Updated: Thursday, July 23, 2015, 00:26

The gold rout this week has spurred a buying spree of bullion coins in the United States, dealers said, as government data showed sales for this month have hit their highest in more than two years.

Weak gold may lift sales by up to 25% this Akshaya Tritiya

Last Updated: Sunday, April 19, 2015, 13:33

"The prices have been stable for quite some time, which we expect will be a boost for jewellery sales during this Akshaya Tritiya," Manubhai Jewellers Director Samir Sagar told PTI.

Gold sales down by 50% on Dhanteras

Last Updated: Saturday, November 2, 2013, 09:36

Gold shipments are down as import duty has been hiked to 10 percent from 8 percent to address the ballooning current account deficit situation.

Reliance Capital becomes first company to suspend gold sales

Last Updated: Friday, June 21, 2013, 12:10

The government has been consistently asking for measures to curb flow of household savings into idle assets like gold and channelise these funds towards financial market assets.

MMTC aims Rs 30-crore sales on during Akshaya Tritiya festival

Last Updated: Saturday, May 11, 2013, 10:53

Akshaya Tritiya is on May 13 and is considered to be an auspicious day for buying precious metals in Hindu culture.

Gold sales up 6% in 2012: WGC

Last Updated: Thursday, April 11, 2013, 18:02

Gold sales registered a six percent growth in 2012 depite spurt in the precious metal's prices in recent years, a top official of the World Gold Council said Thursday.

IMF taps gold sales profits to boost concessional lending

Last Updated: Saturday, September 29, 2012, 13:53

The resources are in addition to 700 million SDRs (USD 1.1 billion) approved for a similar but separate operation in February 2012 to support low-income countries.

Jewellery sales likely to spurt 30-35% on Dhanteras

Last Updated: Sunday, October 23, 2011, 15:23

High gold prices, ruling at Rs 26,500 per 10 grams, are unlikely to deter jewellery buyers during the days leading to Dhanteras and traders are expecting a robust season with around 30-35 percent spurt in sales.

Sales of gold up on eBay amid stock market turmoil

Last Updated: Sunday, August 14, 2011, 21:57

For gold sellers on eBay, the recent stock market turmoil has been a boon for business. Gold and silver sales on eBay had already been rising steadily over the past several years so much so that eBay Inc. created a special area in May to make it easier for buyers to find sellers.