WGC reports on gold demand trends for second quarter
The World Gold Council reported that central bank buying and healthy ETF inflows were the driving forces behind gold demand throughout the first half of 2019. Growth during the first half in jewelry demand...
P MANGATRAM JEWELLERS SHOWCASES EXQUISITE GEMSTONE STUDDED COLLECTIONS FOR THE FIRST TIME IN THE...
P.Mangatram Jewelers, a leading name in the world of gemstone studded jewelry, showcased its collection for the first time in the United States at JCK Las Vegas 2019. The mega event which was held...
CTF shines on strong gold jewellery demand
Retail giant Chow Tai Fook Jewellery Group Ltd reported an 11.8 percent rise in net profit for the year ended March 31, 2019 on the back of robust demand for gold jewellery products.
Revenues were...
Moroccan miner Managem retrieves gold seized by Sudan authorities
Morocco's leading mining firm Managem said on Tuesday it had retrieved the gold cargo that was seized by Sudanese authorities earlier this month.
Sudanese Rapid Support Forces seized 241 kg of gold from a plane...
Gold eases from 1-week high as dollar nudges up
Gold prices inched lower on Tuesday, moving away from a one-week high hit in the previous session, as the dollar rebounded amid the European Union parliamentary election results and simmering Sino-US trade tensions.
Markets were...
SBI Sets up Gold Metal Business in Surat with Support From GJEPC’s Regional Office
The State Bank of India (SBI) inaugurated its Gold Metal Business in Surat today. With this, the bank’s Chowk Bazar branch became the first outlet in Surat offering gold for jewellery manufacturers in the...
Is the trade war a catalyst for gold?
Although most of the precious metals sector has trended lower in recent months, gold has held up well. It and the other, weaker components of precious metals got a boost on Monday when China...
Currie permitted to drill at Rossland gold project in BC
Currie Rose Resources (TSXV: CUI) received this week the approval of its notice of work permit application, which allows the company to start drilling at its Rossland gold project in southern British Columbia.
In a...
Gold price dip bolsters festive demand in India; premiums slip in China
MUMBAI/BENGALURU – Gold demand jumped this week in India due to increased retail purchases for a key festival and weddings on price corrections, while premiums in China eased as buying slowed in the world's...
Gold finally sparkles this Akshaya Tritiya, sales up over 25%
Jewellers reported better footfalls on the auspicious day of Akshaya Tritiya Tuesday with many reporting up to 25 percent sales volume over the previous year.
Lower retail prices of gold and the marriage season boosted...
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