There is a third option where only the customer pays only the interest at the end of the year and renews the loan for another year
Gold and silver prices: Gold prices traded marginally down with spot gold prices at COMEX trading at USD 1,778 per ounce
In New Delhi, price of 24-carat gold fell by Rs 1,500 to Rs 50,300 from Rs 51,800 per 10 gm while in Kolkata. it decreased by Rs 1,300 to Rs 47,800
Gold hallmarking: To ensure jewellers adapt to the new system, the government has decided not to impose a penalty on jewellers for only three months
Retailers urge for extended business hours as several states go on unlock mode
It is commonly believed that duping consumers with inferior quality of gold than the declared amount is a common practice by jewellers
Cumulative demand of all types of gold in India is down by 246 tonnes in 2020, WGC data shows
It is perceived that evolving regulatory frameworks may change the value proposition of cryptocurrencies
"Lower interest rates, unstable economic growth and global inflation will push yellow metal higher," said Anuj Gupta, Vice President (VP), Commodity a
India is the world's second-largest consumer of gold and according to a WGC estimate from 2019, Indian households own the world's biggest private stas