Following the recent decision by Reserve Bank of India to reduce REPO ratio by 0.25%, all banks have been active announcing reduction in lending interest rates.
Prospects of gold prices to come down!
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A recent research conducted by India ratings reveals that there are very bright prospects of gold prices to come down during the current financial year!
Gold rate decreased Rs.24 per sovereign
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The cost of gold has decreased Rs.24 per sovereign on Saturday morning (June 6, 2015).
Gold rate decreased Rs.56 per sovereign
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The cost of gold has decreased Rs.56 per sovereign on Friday evening (June 5, 2015).
The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 61.11 per barrel (bbl) on 04.06.2015.
Gold rate decreased Rs.152 per sovereign
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The cost of gold has decreased Rs.152 per sovereign on Friday morning (June 5, 2015).
In exercise of the powers conferred by Section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise & Customs (CBEC) hereby determines that the rate of exchange of conversion of each of the foreign currencies
Reserve Bank of India has ordered the banks to start conducting regular ‘customer grievance meetings’ to address and act on customers’ complaints and improve the quality of banking service.
The Regional Commissioner for Employees’ Provident Fund has announced that a new clause is being introduced in the dispersal of amount due to the relevant employee.
Gold rate decreased Rs.40 per sovereign
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The cost of gold has decreased Rs.40 per sovereign on Thursday evening (June 4, 2015).
The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 63.07 per barrel (bbl) on 03.06.2015.
Gold rate decreased Rs.32 per sovereign
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The cost of gold has decreased Rs.32 per sovereign on Thursday morning (June 4, 2015).
The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 63.61 per barrel (bbl) on 02.06.2015.
Gold rate increased Rs.56 per sovereign
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The cost of gold has increased Rs.56 per sovereign on Wednesday morning (June 3, 2015).
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