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DGFT said in a notification that the restrictions will not apply to imports under the India-UAE free trade deal

Centre imposes import restrictions on certain gold jewellery, articles

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Importers will require permission or license from the government for importing gold products The government has imposed import restrictions on specific gold jewellery and articles....
The operations resulted in the recovery and seizure of 9.34 kg jewellery worth Rs.6.98 crore, and 2.27 kg of gold coins and bars worth Rs1.37 crore

ED seizes jewellery, gold valued at Rs.8.35 crore in bank fraud case against Transstroy...

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Loan fraud: ED searches Transstroy India In recently conducted search operations by the Enforcement Directorate (ED) on bank lockers belonging to Cherukuri Sridhar and his...
ED officials raided jewellers in Kerala and found a secret chamber to hide gold jewellery

Kerala-UAE diplomatic bag gold smuggling: ED seizes 5Kg gold from a secret chamber of...

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Kerala gold smuggling: ED seizes gold and cash of jewellery house owner The Enforcement Directorate (ED) on Wednesday seized 5 Kg gold worth Rs.2.51 crore...
The I-T searches at leading shops sent panic in the market with several jewellers downing shutters

I-T Dept seizes 300 kg of unaccounted gold in Andhra’s Proddatur town

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Probe reveals Proddatur jewellers sourcing gold from Gujarat, Mumbai, Kolkata without relevant documents In Andhra Pradesh's Kadapa district, the Income Tax Department has seized about...
Discussions with stakeholders are going on to finalize the guidelines for hallmarking gold bullion

Mandatory hallmarking of gold bullion will not come into effect from July 1; consultations...

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From July 1, gold bullion hallmarking is not going to be mandatory as the Center is only starting consultations Consumer Affairs Ministry sources said there...
The Central Govt has said that the gold jewellery and other artifacts can’t be sold without the mandatory Hallmark Unique Identification Number (HUID) from April 1, 2023

Centre prohibits sale of hallmarked jewellery without six-digit unique ID number after March 31

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Govt tweaks rule on sale of gold items On Saturday the Central government announced that after March 31, 2023, the Bureau of Indian Standards (BIS)...
Gold seizures across the country have gone up this year when compared to 2,383 kg seized in the 2021 calendar year and 2,154 kg in 2020. In 2019, 3,673 kg of gold was seized

3083 kg gold smuggling caught in India this year. Kerala tops the list with...

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Smuggled gold seizures hit a three-year high Smuggled Gold seizures by enforcement agencies have hit a three-year high of 3,083 kg in November this year,...
The jewellery demand for the period under review was at 146.2 ton up from 125.1 ton the previous year

Gold demand surges in India for Q3, 2022: World Gold Council

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India's gold demand skyrockets by 14% On Tuesday the World Gold Council (WGC) said that the demand for gold went up by 14 percent to...
Value-wise India's Q2 2022 gold demand value was Rs 79,270 crore, an increase of 54 percent in comparison with Q2 2021

India’s demand for gold rises 43% in Q2, says World Gold Council

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Akshaya Tritiya coupled with traditional wedding buying spurred jewellery demand by 49% to 140.3 tonnes Coming out of the grip of the economic slump brought...
Traders feel robust purchases on Dhanteras day augur well for the markets

On the auspicious Dhanteras Day, India witnesses Rs.7500 crore purchases of Gold and Silver....

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Dhanteras boom in the market, a whopping figure of Rs.7500 cr in single day after gap of 2 years on auspicious day After the dull...

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