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Gold shoots up by Rs.840; regains Rs.27,000 mark

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10 years ago

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New Delhi: The price of gold shot up by Rs.840 Tuesday, in its biggest single-day gain in this year, helping the precious metal to regain its Rs.27,000 mark per 10 grams.

This buoyancy can be attributed to the rebound in the global market and also good demand in the domestic market due to the wedding season.

Gold price was hovering around Rs.27,040 per 10 grams in the national capital.

Silver also recorded a gain of Rs.2,700 and reached Rs.37,000 per kg on increased offtake by industrial units and coin makers.

“This is just a temporary phase. Gold prices will again go down. It is on the expected lines,” Harshad Ajmera, proprietor, JJ Gold House, told IANS.

The central bank had eased curbs on gold import and scrapped the 80:20 scheme Nov 28.

Under the 80:20 scheme, 20 percent of the imported gold had to be exported before getting a new lot. The scheme was put in place in August 2013 to curb gold imports, which was considered a major cause for the widening current account deficit of the country.

RBI Governor Raghuram Rajan Tuesday said the decision to scrap 80:20 scheme was a “reasonable” one.

“The government decided that it was probably best at this point to scrap the rule and it has been scrapped,” he said during a media interaction after the policy announcement on rates.

“Of course, there are now further requests to change the duty structure that the government will review in its own good time and decide … I think the decision is reasonable and let us see how it plays out,” he added.

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Apple is giving a huge discount on its gadgets: Details inside

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3 years ago

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May 5, 2022

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If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

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