Gold coins News
In Zimbabwe, now instead of paper currency, transactions will be done in gold coins. The government of Zimbabwe has taken this decision because inflation there has reached a record high of 192%. And the currency is continuously depreciating against the dollar.
In the raids conducted at the houses of close relatives of Delhi Health Minister Satyendra Jain, Rs 2 crore 23 lakh has been found from Ram Prakash Jewellers while about Rs 41 lakh has been found from Vaibhav Jain's house. ED has also got 133 gold coins in this raid.
One rupee can be used to purchase gold.
Digital gold can be a smart choice.
Customers can also request gold delivery in the shape of coins or bars.
Temple authorities stated that the unearthed coins, 504 small and one big gold coins, have letters in the Arabic script etched on them which could date back to 1000-1200 CE.
Doctors at a medical college in Birbhum district have operated on a 22-year-old woman and removed jewellery weighing 1.68 kg, 60 coins and a wristwatch from her stomach. Watch this video to know more.
In a bid to boost investment in gold, the GST Council, last year, provided relief to this sector by withdrawing KYC norms and PMLA.
However, organised players like P C Jewellers, Kalyan, Talwar Sons and Jewellers are expecting 10-35 per cent jump in sales, thanks to the growing trust in quality and designs of products and competitive prices.
The company is witnessing nearly 2 million monthly transactions for Paytm Gold. It is offering 3 per cent extra gold -- up to Rs 4,444 -- on a minimum purchase of Rs 10,000.
For the first time in the history of its currency, the United States Mint has unveiled a $100 gold coin featuring an African-American woman as Lady Liberty's face. This coin marks the 225th anniversary of Mint.
Riding on firm global trends and increased buying by jewellers at domestic spot market, gold prices advanced by Rs 30 to trade at Rs 31,000 per ten grams, while silver prices soared Rs 800 to Rs 45,900 per kg at the bullion market on Saturday.
State-owned Indian Overseas Bank (IOB) has become the first lender to start distribution of recently launched Indian Gold Coins (IGC)
Indian Banks and financial institutions are offering up to 8 percent discount on gold coin buys
Leading stock exchanges NSE and BSE have decided to extend trading hours for Gold Exchange Traded Funds (ETFs) till 7 PM on Tuesday, on account of Akshaya Tritiya.
Sales are expected to rise as there is a "positive" buying sentiment this year with gold prices ruling stable at around 26,000 per 10 grams.
Jewellery stocks were in limelight Thursday on RBI relaxing gold import norms, surging over 6 percent in an otherwise sluggish broader market.
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