LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2021
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS

Read in App
Business News » India News

Gold sales likely to revive during Diwali as KYC norms eased

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Gold sales likely to revive during Diwali as KYC norms eased
File photo of actress Rachita Ram in a jewellery shop. Image Source: IANS
Written By: PTI
Updated: Sun, Oct 08, 2017
12:44 pm
PTI
RELATED NEWS
Gold, Rupee and Equity Markets Outlook II Details explained by ICICI Securities Gold, Rupee and Equity Markets Outlook II Details explained by ICICI Securities
Gold Price Today 21 January 2021 – Gold gains by Rs 200 in morning trade, Silver price stronger by Rs 740; Expert recommends BUY! Gold Price Today 21 January 2021 – Gold gains by Rs 200 in morning trade, Silver price stronger by Rs 740; Expert recommends BUY!
Gold, Rupee and Equity Markets Outlook II Explained by ICICI Securities Gold, Rupee and Equity Markets Outlook II Explained by ICICI Securities

Gold sales are likely to revive during the ensuing Diwali festival with the government revoking an order that mandated PAN and Aadhaar cards for purchases above Rs 50,000, an industry body said.

Higher sales are expected on Dhanteras to be celebrated on October 17 this year. Dhanteras is considered to be an auspicious day for buying gold, silver and other valuables and is largely celebrated in North and West India.

Gold prices were ruling firm at Rs 30,555 per 10 grams and silver at Rs 40,600 per kg in the national capital as of Saturday.

"This is a big relief and there could not have been a better Diwali gift than this for both jewellers and consumers," All India Gems and Jewellery Federation Chairman Nitin Kandelwal told

 

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
goldgold pricesPAN cardKYCGold bullionDiwalifestive seasonEconomy
RELATED NEWS
Gold, Rupee and Equity Markets Outlook II Details explained by ICICI Securities Gold, Rupee and Equity Markets Outlook II Details explained by ICICI Securities
Gold Price Today 21 January 2021 – Gold gains by Rs 200 in morning trade, Silver price stronger by Rs 740; Expert recommends BUY! Gold Price Today 21 January 2021 – Gold gains by Rs 200 in morning trade, Silver price stronger by Rs 740; Expert recommends BUY!
Gold, Rupee and Equity Markets Outlook II Explained by ICICI Securities Gold, Rupee and Equity Markets Outlook II Explained by ICICI Securities
Gold, Rupee and Equity Markets Outlook Today: EXPLAINED Gold, Rupee and Equity Markets Outlook Today: EXPLAINED
Buy gold online for just Re 1 onwards; more details inside Buy gold online for just Re 1 onwards; more details inside

LATEST NEWS

Check Modi government's latest notices to Chinese apps including Tiktok, PUBG mobile game

Rs 5, 10 and 100 news: Will old notes be valid after March 2021? Here is truth from Modi government

Stock market: Record-shattering gains, 50k BSE peak - What lies ahead? Analysts predict these big things amid Budget 2021

Recovery of excess pension made to pensioners: Big decision! Important notification by RBI

Budget 2021 Expectations LIVE: Here is what India wants - Check latest news, updates, demands here

Nearly Rs 10 lakh fine on wedding organiser for breaching Covid-19 lockdown; many guests left as police arrived

Bullet Train: Undersea tunnel! Here is latest news update on Mumbai-Ahmedabad High Speed Rail

Budget 2021 Expectations: Mobile industry raises demand for GST rate cut in Union Budget 2021-2022

Policy reforms, sops and tax breaks? Volatility in key stock markets set to flare up as investors bet big on Budget 2021

Policy proposal for employment generation, scale-up in MSME sector

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved