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Our firm and team members are well versed

• In export & Import business in the last 15 years.
• Is well versed in International business practices.
• Has got good supplier contacts over past decade.
• Has customer contacts across continents.
• Has good rapo with the customers.
• Is well versed in Logistics, Customs, Banking and International Trade.
• Our Team has Travelled extensively for the last 15 years.
• Has created brands in textile business.
• Well Versed in Commodity & currency movements.
• Has contact and inputs form leading International Bank Treasuries.

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1. Competitive Quote's
2. Competitive Premium's
3. Consistent Delivery
4. Insured Door Delivery
5. Bank Accounts in all leading Public Sector and Private Sector Banks for Transfer
6. Around the Clock Pricing (Orders around the clock can be kept)
7. USD Dollar Pricing for 3 kgs., and above
8. Competitive INR Quotes
9. Gold Loan's can be offered
10. Forward rates in gold can be offered
11. 11 days pricing is allowed
12. Hedging products in Gold
13. Delivery within T+2 Days(Value date can be extended)
14. Buying and selling Available.
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The Microgold designs are not just one-of-a-kind

The Microgold designs are not just one-of-a-kind,  but are masterpieces in their own right. Each piece goes through an intricate design process and stringent quality checks.  All the designs on offer are 100% hallmarked and sold on net weight (as compared to the trade where gold jewellery is, by and large, sold on gross weight), with fully transparent pricing and policies. In fact, the Microgold Buyback policies are the best in the trade.

We Are Micrgold- Our Offers

1. Competitive Quote's
2. Competitive Premium's
3. Consistent Delivery
4. Insured Door Delivery
5. Bank Accounts in all leading Public Sector and Private Sector Banks for Transfer
6. Around the Clock Pricing (Orders around the clock can be kept)
7. USD Dollar Pricing for 3 kgs., and above
8. Competitive INR Quotes
9. Gold Loan's can be offered
10. Forward rates in gold can be offered
11. 11 days pricing is allowed
12. Hedging products in Gold
13. Delivery within T+2 Days(Value date can be extended)
14. Buying and selling Available.

contact us-recent Updates

MICRO INTERNATIONAL 

REGD. OFF:

401, IV Floor, Jayanthi Building, Avenue Road J.M. Road Corner, Bangalore - 560 002

Phone:	+91- 80 -22223672
E-mail:	dpn@microinternationalgold.com

GOLD

A gold bart is broadly defined as a cast or minted gold item, regardless of shape, which is made by a recognized bar manufacturer.

SILVER

Silver ingots are essentially the most traditional strategy to invest in bullion and valuable metals. They are readily accessible, is usually obtained at reasonable prices.

Contact Us

MICRO INTERNATIONAL
401, IV Floor, Jayanthi Building, Avenue Road, J.M. Road Corner, Bangalore - 560 002
E-mail	:	dpn@microinternationalgold.com
Contact Numbers
General Enquiry	:	080-22223672
Patil	:	+91 9880598740
M.V.Chandra Shekar	:	+91 9900568734
		080-41475739
Airtel Free Phone	:	7211
H.K.Suresh Kumar	:	+91 9880500759
Ramalingaiah	:	+91 9880544575
Pricing Enquiry	:	080-40901693 / 080-40901639 / 080-41464435
	:	+918722189019
Free Phone	:	3693 / 7639

Our Experience and Recent updates

Recent Updares

Our firm and team members are well versed

• In export & Import business in the last 15 years.
• Is well versed in International business practices.
• Has got good supplier contacts over past decade.
• Has customer contacts across continents.
• Has good rapo with the customers.
• Is well versed in Logistics, Customs, Banking and International Trade.
• Our Team has Travelled extensively for the last 15 years.
• Has created brands in textile business.
• Well Versed in Commodity & currency movements.
• Has contact and inputs form leading International Bank Treasuries.

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Gold staged a smart rally and retraced the important Rs 27,000 per 10 gm mark at the bullion market here today, snapping a three-day losing streak on fresh bouts of investment buying amid supportive global sentiment.

Silver also rose sharply on heavy speculative as well as industrial off-take.

Standard gold of 99.5% purity gained Rs 245 to end at Rs 27,140 per 10 gm from Friday's closing level of Rs 26,895.

Pure gold of 99.9% purity climbed up by Rs 260 to conclude at Rs 27,290 per 10 gm from Rs 27,030.

Silver ready (.999 fineness) jumped by Rs 650 to close at Rs 43,000 per kg from Rs 42,350 previously.

Gold has been on a downward journey, spooked by a widespread global commodity meltdown after US Federal Reserve Chairman Ben Bernanke hinted at an end to monetary stimulus measures earlier than expected.

The yellow metal had lost a hefty Rs 1,130 in the last three days.

Globally, the shiny metal gained marginally from three- year lows on bargain hunting and some technical buying support.

Gold for August delivery edged up USD 5.80 to settle at USD 1,292.10 an ounce on the Comex division of the NYMEX late yesterday.

Silver July contract added 14 cents to settle at USD 19.96 an ounce.

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Amid the government's move to raise customs duty on gold imports to 8% drawing flak from jewellers, the Finance Ministry today provided relief to the industry by hiking duty drawback rates by 72%. It raised the rates to Rs 173.70 per ten gram of net gold content in jewellery from Rs 100.70.

Duty drawback rates are reimbursement on customs duty paid by jewellers.

Federation of Indian Exporter Organisations (FIEO) director general Ajay Sahai said earlier duty draw back rates were announced when customs duty on gold was Rs 300 per ten gram. Now duty has been hiked to eight%, which means the importer will have to shell out Rs 2,000 per ten gram, given international prices of around Rs 25,000 per ten gram in international markets.

In January 2012, basic customs duty was increased from Rs 300 per 10 gram to an ad valorem rate of 2% on standard gold bars.  Further, in the Budget in March 2012 it was doubled to four%. In January, 2013 it was raised to six% and in May, 2013 to eight%.

Jewellers, who have been up in arms over the government move to raise customs duty on gold imports from six to eight% and RBI measures to curb gold imports, said they will only get partial relief from the government move to raise duty drawback rates.

Ajay Kedia, MD of Kedia Commodity Comtrade, said,"this is like giving a small sweetener after a bitter pill of customs duty hike."

He said the hike, coupled with rupee depreciation has made import too costly. When asked that the depreciation of rupee would also help exporters, he said  demand has crashed like anything for jewellery exports in international markets.

But, then why are imports of gold seeing huge jump? For April-May, the first two months of the financial year, gold and silver imports were up 109% to $15.9 billion against $7.6 billion in the corresponding period of 2012-13.

Kedia said imports are rising because there is buzz in the market that customs duty may be further hiked to ten%.

However, chief economic adviser Raghuram Rajan recently ruled out any further curbs on gold imports.

Due to steep rise in gold imports coupled with ban on gold trading in special economic zones, the trade deficit rose to $20.1 bn in May compared to $19 billion a year before. The deficit was very close to the $20.96 billion of October 2012, a record so far.

This may have repercussions for current account deficit which rose to a record 6.7% of GDP in the third quarter of 2012-13.

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Gold recovers from 2-week low, up Rs 260 on fresh buying

Gold prices today recovered from two-week low levels and surged Rs 260 to Rs 27,640 per 10 grams in the national capital today on brisk buying by stockists amid a firm global trend.

Also, silver spurted by Rs 600 to Rs 42,300 per kg on revival of buying by industrial units and coin makers, following a steep fall in the previous session.

The trading sentiment bolstered after the gold recovered in overseas markets from its lowest levels since September 2010 on speculation the slump may spur purchases. The prices had tumbled after Federal Reserve Chairman Ben S Bernanke said that the central bank may start curbing stimulus.

Gold in New York, which normally sets the price trend on the domestic front here, rose 0.8 per cent to USD 1,295.60 and silver by 0.5 per cent to USD 19.80 an ounce. Besides, shifting of investor's fund from melting equities to bullion further supported the sentiment.

In the national capital, the gold of 99.9 and 99.5 per cent purity shot up by Rs 260 each to Rs 27,640 and Rs 27,440 per 10 grams, respectively. Sovereigns gained Rs 50 to Rs 24,250 per piece of eight grams.

Silver ready jumped up by Rs 600 to Rs 42,300 per kg and weekly-based delivery by Rs 500 to Rs 41,550 per kg. Silver coins continued to be asked at previous levels of Rs 78,000 for buying and Rs 79,000 for selling of 100 pieces.

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aboutus.

Micro International started Gold Bullion activities & also Gold 22 Ct. Jewellery Exports from Past 7 years. We have established as one of the leading Bullion Trader and Supplier in Bangalore Gold Market. We have done direct Imports through Nominated Agencies & also procured gold from leading bullion bands and Private Sector Banks. To substitute the bullion business we have done exports of jewellery & we are an Government of India recognized EXPORT HOUSE. Micro International is a partnership firm with Mr.D.P.Naresh & Mrs.D.N.Manasi as partners both come from business community. Late Shri. Devatha Sriramiah Shettywas first president of Jewellery Association of Bangalore is the grandfather of our partner Mr.D.P.Naresh.
© 2011 Micro International.All Rights Reserved. Disclaimer | Privacy Policy | Terms & Conditions Solutions by Logimax Technologies (P) Limited

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	SSL Certificates
MICRO INTERNATIONAL  REGD. OFF: 401, IV Floor, Jayanthi Building, Avenue Road J.M. Road Corner, Bangalore - 560 002 Phone: +91- 80 -22223672 E-mail: dpn@microinternationalgold.com
Winning with Service
GOLD A gold bart is broadly defined as a cast or minted gold item, regardless of shape, which is made by a recognized bar manufacturer. SILVER Silver ingots are essentially the most traditional strategy to invest in bullion and valuable metals. They are readily accessible, is usually obtained at reasonable prices.
Micro International started Gold Bullion activities & also Gold 22 Ct. Jewellery Exports from past 7 years. We have established as one of the leading Bullion Trader and Supplier in Bangalore Gold Market. We have done direct Imports through Nominated Agencies & also procured gold from leading bullion banks and Private Sector Banks. To substitute the bullion business we have done exports of jewellery & we are a Government of India recognized EXPORT HOUSE.
© 2011 Micro International.All Rights Reserved. Disclaimer | Privacy Policy | Terms & Conditions

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