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Chandbali earrings or moon earrings came into existence during the Mughal rule. They are traditionally designed to represent a crescent shaped moon encircled with a full moon. History suggests that the conquering Mughal rulers kept the crescent symbol in their coinage, especially during the early years of the caliphate, and further popularized it. It is hence often considered as a symbol o
Gold buyers continue to ‘wait and watch’: Jewellers
April 05, 2021
The drop in gold prices is an added incentive and jewellery demand may look up from Gudi Padwa - The Hindu
The drop in gold prices is an added incentive and jewellery demand may look up from Gudi Padwa - The Hindu×
Demand for yellow metal may rise as prices continue falling
The possibility of complete lockdown in most States to fight the second wave of Covid menace may cloud hopes of fast recovery in gold jewellery demand during the forthcoming festival and wedding season.
However, the consistent fall in gold price in the last four months is the only saving grace to attract consumers interest for buying gold jewellery.
Budget 2021: Bullion sector hopes glitter as Nirmala Sitharaman cuts duty on precious metals, raw materials
Sitharaman has proposed a five percentage point cut in import duty on gold and silver. But the precious metals will attract a 2.5 percent Agriculture Infrastructure and Development Cess (AIDC) taking the total value of duty to a little over 10 percent.
gold silver metals
Union Finance Minister Nirmala Sitharaman has come up with proposals to cut duty on gold and silver imports, and also dore bars, besides others which will give a boost to the domestic bullion sector.
The bullion industry’s reaction to the proposals bordered on being euphoric to upbeat as they had been seeking a duty cut to take on the unorganised trade encouraged by gold smuggled into the country due to higher Customs duty.