gold

To ensure purity standards, the Centre is eyeing to implement mandatory hallmarking of gold jewellery from June 1. After implementation, jewellers will be required to register themselves with the Bureau of Indian Standards. Earlier, in November 2019, the government had announced to mandate BIS mark from January 15, 2021 which was deferred citing the pandemic. Now jewellers will be allowed to sell only 14, 18 and 22 carats of gold.

Both men's and women's team from India, on March 21, clinched gold in the 10m air pistol competitions at the International Shooting Sport Federation (ISSF) World Cup, Delhi. The women's squad involving Yashaswini Singh Deswal, Manu Bhaker and Shri Nivetha outplayed Poland's team with 16 shots. Relatedly, the men's trio comprised of Youth Olympics and Asian Games champion Saurabh Chaudhary, Abhishek Verma and Shahzar Rizvi secured a 17 against… read-more

The villagers of Uthiramerur in Tamil Nadu have found 565 grams of ancient gold during the restoration of an ancient Shiva Temple. The gold has been spotted by them beneath the steps leading to sanctum sanctorum of the temple. However, the police have seized the gold despite being strong opposition from the villagers. Located about 40 km from Kancheepuram, the villagers believe the temple rules back to Chola Period. 

Indian boxers shone at the Alexis Vastine International Boxing Tournament in France as Amit Panghal and Sanjeet clinched gold in their respective categories on October 31. Panghal defeated the American Rene Abraham 3-0 to win gold in the 52 kg category. In the 91 kg category, Sanjeet took down Frenchman Soheb Bouafia to secure gold. India's Ashish Kumar in 75 kg received gold after opponent retired-hurt. 

Gold prices today crossed the key psychological level and went beyond the bar of  Rs.50,000 per 10 Grams increasing by 0.16%. World's second largest consumer, India has seen surge in gold prices by 28% in the first six months of 2020. Weak market demand has made dealers give a discount upto $5 over official domestic prices, including 12.5% import tax and 3% GST in India.