Futures traders exploit mispricing in gold spreads
Traders on gold futures were quick to seize an arbitrage opportunity created by hedgers of the yellow metal. A rollover of gold futures positions from April to June and August was happening for the...
Claudia Bradby to raise money for charity with exclusive royal wedding auction
Royal wedding fever is well and truly upon us and pearl specialist Claudia Bradby Jewellery is marking the special occasion by raising money for the cancer charity, Maggie’s.
Starting on May 14, Claudia Bradby...
Gold up as Fed leaves rates steady, palladium scales new peak
Palladium hit an all-time high on Wednesday on concerns over tight supplies of the autocatalyst metal, while gold reversed course to rise after the U.S. Federal Reserve kept interest rates unchanged.
Spot palladium rose 0.6...
BDB: Competitive Pre-Diwali Prices Will Benefit Visitors to Second Bharat Diamond Week
Visitors to the second edition of the Bharat Diamond Week that will take place from October 8-10, will benefit from competitive pre-Diwali prices, office bearers of the organiser, Bharat Diamond Bourse (BDB) have said.
At...
NRF: Consumers to Spend $4.7B on Jewelry This Valentine’s Day
Washington--Consumers in the United States are expected to spend $4.7 billion on jewelry this Valentine’s Day, the National Retail Federation said.
According to its annual survey--for which Prosper Insights & Analytics asked 7,277 consumers...
GJEPC Chairman Addresses 11th International Gold Summit in Delhi
GJEPC Chairman Pramod Agrawal today urged all stakeholders in the gold industry to work together towards reducing the Current Account Deficit (CAD) in the country. He was speaking at the Inaugural Session of the...
GJEPC’s White Paper on Diamond Financing Proposes Solutions on Certain Critical Issues
The White Paper prepared by The Gem and Jewellery Export Promotion Council (GJEPC) for release at the Banking Summit to be held in Mumbai on May 11 proposes a number of solutions to specific...
Precious Metals Rally Intensifies as Gold Breaks $4,500 and Silver, Platinum Set New Highs
Global precious metal markets witnessed an extraordinary surge on Wednesday, with gold crossing the $4,500-per-ounce threshold for the first time, while silver and platinum climbed to historic peaks. The rally was fuelled by heightened...
RBI inching towards becoming tenth largest holder of gold worldwide
Indian central bank may soon edge out its counterpart in the Netherlands from the top-10 list, as latter's holding has largely remained unchanged.
The Reserve Bank of India, which added 6.5 tonnes of gold to...
Gold imports dip 31.25% during April-May 2018-19: Government
Gold imports dipped by 31.25 per cent to USD 6.05 billion during April-May 2018 on account of various curbs introduced by the government to check inbound shipments,
Parliament was informed today.
The government has introduced several...
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