Indian jewellers stock up; holiday dims activity elsewhere

India, Singapore buyers cash in on slight price correction

Physical gold demand in Japan slackened this week as prices rallied, while a market correction towards the latter half of the week lured some buyers back in India and Singapore. In Japan, the metal was...
Gold Bars

These 20 analysts forecast gold price above $1,400 in 2019

The results of the survey by the London Bullion Market Association of analysts' predictions for the gold price in 2019 is another example of just how unpredictable financial markets have become. The LBMA, a standards...
Saudi gold and jewellery sector hit hard after expat ban

Saudi gold and jewellery sector hit hard after expat ban

Saudi Arabia’s gold and jewellery sector have been hit hard by the lack of skilled Saudi nationals following the localisation of jobs in the industry, according to local media reports. The kingdom banned the employment...
India, Japan demand falls; holiday hangover dulls trade elsewhere

India, Japan demand falls; holiday hangover dulls trade elsewhere

Gold prices in India trading near record levels Yen-denominated gold climbs to the 1-year peak China premiums ease to $7-$10/oz A rally in domestic prices curtailed physical gold demand in India and Japan, with...
at the minimum 23 illegal Zimbabwean gold miners feared dead after shafts flooded

At least 23 illegal Zimbabwean gold miners feared dead after shafts flooded

At least 23 illegal miners are trapped and feared dead in Zimbabwe after shafts and underground tunnels they were working in were flooded by water from a burst dam, a state-owned daily newspaper reported...
russia sumbol eagle

Russia’s central bank to pay less for domestic gold from May

Russia's central bank will pay less than an industry benchmark for gold that it buys on the domestic market, it said on Monday. The central bank said that from May 1 it would add a...
Indian jewellers stock up; holiday dims activity elsewhere

Indian jewellers stock up; holiday dims activity elsewhere

Indian discounts narrow to lowest in two months Feb, 10-13 India International Jewellery Show eyed Japanese dealers offering discounts for the second week Global spot gold prices on track for a weekly decline Demand...
Indian Brides jewellery

As good as gold for some brides in India as election nears

An India state will give gold worth about $530 to every bride from a poor family, the latest budget giveaway ahead of a general election that must be held by May. The northeastern state of...
Venezuela trying to sell gold to stay afloat

Venezuela trying to sell gold to stay afloat

Venezuela is reaching for its last card as the deck collapses on President Nicolas Maduro’s failed regime. The country is selling its gold in order to provide liquidity for imports of basic goods. You know your...
Barrick Gold CEO Mark Bristow

Gold miners get their mojo back as giant deals revive allure

After years on the sidelines, gold producers are suddenly the mining world’s hottest topic as the industry gathers in Cape Town this week. For more than half a decade, gold miners have been stuck in...

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The Gem & Jewellery Export Promotion Council (GJEPC)

India’s Polished Exports Down 3.5% in February; Jewellery Exports Marginally Up

Exports of cut and polished diamonds from India dropped by 3.51% year-on-year during the month of February 2019, while gold jewellery (plain and studded)...
Silver demand in India set for four year high

Silver demand in India set for four year high

Government cash handouts under PM-KISAN to help the white metal demand Silver will see a resurgence in demand this year from rural Indians spending cash...
John Greed Jewellery braces for future without Pandora

John Greed Jewellery braces for future without Pandora

Turnover for independent jewellery retailer, John Greed, dipped slightly for the financial year ending June 2018 2018. The jeweller says it consolidated its activities during...
Alrosa’s Verkhne-Munskoye deposit to become one of its richest in large diamonds

Alrosa’s Verkhne-Munskoye deposit to become one of its richest in large diamonds

Alrosa predicts that the Zapolyarnaya pipe in its Verkhne-Munskoye diamond deposit in west Yakutia may become one of its richest sources for large diamonds. During...
MB&F Launches its First Women’s Watch – And It Costs $300,000

MB&F Launches its First Women’s Watch – And It Costs $300,000

World-famous Swiss watch brand Maximilian Busser and Friends (MB&F) is going where it’s never gone before, finally launching the first MB&F timepiece for women....
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