Tag: Gold jewelry
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China Scraps Gold Tax Break: Global Bullion Markets React
Introduction: A watershed move in China’s bullion landscape China has abolished a long-standing tax incentive on gold sales, a decision announced by the Ministry of Finance that could significantly alter the price dynamics for one of the world’s largest bullion markets. The change, effective immediately, ends a policy designed to keep consumer costs lower and…
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Gold Price Fluctuations: Global Demand Pushes Tola and Gram Higher
Global Demand Fuels Gold Price Movements Gold, often viewed as a safe-haven asset, continues to react to a mix of global risk signals and local market dynamics. International investors have been piling into precious metals to protect wealth amid inflation concerns, currency volatility, and geopolitical uncertainty. As demand for gold rises on the world stage,…
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Gold Prices Spike in Tamil Nadu Despite Steady Jewelry Demand
Record High Gold Prices Drive Consumer Confidence and Demand in Tamil Nadu Gold prices in Tamil Nadu are climbing to levels not seen in recent years, driven by global market dynamics and local demand for jewelry as a trusted store of value. Despite the price run-up, jewelers report that the daily movement of gold jewelry…
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Gold Price Surges in Tamil Nadu as Jewelry Demand Remains Strong
Tamil Nadu Gold Market: Demand and Price Dynamics Even as international markets push gold prices higher, Tamil Nadu continues to show robust consumer demand for gold jewelry. Industry sources indicate that the state’s gold jewelry trade remains active, with an estimated daily turnover of around 15,000 kilograms. This high volume is handled by a vast…