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Gold futures continue to rise on firm global cues
Gold prices rose by 0.25 per cent to Rs 32,328 per 10 grams in futures trade on Thursday as speculators indulged in creating positions driven by a firming trend overseas. Further, rising demand in the spot markets for the upcoming marriage season also supported the upside. At the Multi Commodity Exchange, gold for delivery in […]
Ivory Coast to raise Gold output,tax miners
After announced plans to increase gold production to 20 tons by 2013, West Africa’s Ivory Coast said it will soon introduce a windfall tax on gold miners. According to a government spokesman, the move would help the country benefits from higher world prices for the precious metal. The new tax will yield some $79 million […]
Gold remains top favorite among Jordanians
Gold purchases by Jordanians is to hit a new record near six tons this year despite high prices that trimmed gold buying around the world. Gold purchases by Jordanians is to hit a new record near six tons this year despite high prices that trimmed gold buying around the world. According to Jordan Jewellers Association, […]
Investors enthusiastic for Gold and Silver
US dollar gold prices traded around $1730 an ounce during Tuesday morning’s London session, broadly in line with where they started the week, while European stock markets ticked lower and longer-dated US Treasuries dipped. London Gold market report US dollar gold prices traded around $1730 an ounce during Tuesday morning’s London session, broadly in line […]
Italian jewelers to enter India market via Vicenzaoro
Vicenzaoro is becoming an increasingly important global player on the world’s gold and jewellery chessboard, assisting Made in Italy exports which make up 70% of the turnover in the gold and jewellery sector. Italian gold, jewellery and jewellery-making equipment manufacturers are looking to enter the world’s largest gold market India via Vicenzaoro brand next year. […]
Gold fast losing it’s commodity character
Gold is fast losing it’s commodity character and is acting more as a currency which is not so good for global economy. Gold is fast losing it’s commodity character and is acting more as a currency which is not so good for global economy, analysts said. Many analysts are of the view that gold is […]
RBI regulations to check India Gold loan firms
The growth and profitability of non-banking finance companies (NBFC) specialising in gold loans are expected to take a hit due to regulatory pressure. The growth and profitability of non-banking finance companies (NBFC) specialising in gold loans are expected to take a hit due to regulatory pressure. The new regulations, in the form of loan-to-value (LTV) […]
HRD Antwerp announces international diamond jewellery competition
HRD Antwerp is pleased to announce the launch of the 15th edition of its HRD Awards, the world?s leading design contest in creative and innovative diamond jewellery. The theme of the competition will be Trompe l?oeil. Designers are invited to delve into the world of deception and illusion, producing brilliant diamond jewellery pieces that explore […]
PGI announces 2012 Platinum Trail Winners at IJL
Platinum Guild International (PGI) welcomed more than 90 guests to their Platinum Experience on September 3 to announce the winners of the first three prizes in this year’s Platinum Trail. Three awards were presented at IJL: Most Commercially Appealing Design, Most Inspirational Design and the inaugural Consumer’s Choice Award. The Most Commercially Appealing Design award […]
Gold may hit fresh highs for this year over the coming weeks
Following the ECB press conference and the weaker-than-expected US employment data, gold prices have been propelled through the $1700/oz mark to test levels last seen in February. Following the ECB press conference and the weaker-than-expected US employment data, gold prices have been propelled through the $1700/oz mark to test levels last seen in February. It […]
