The IIJS Tritiya promotion team launched a door-to-door outreach campaign in Dubai’s Gold Souq, marking a pivotal step towards strengthening the relationships of Indian jewellery manufacturers in Dubai, one of the world’s most dynamic jewellery hubs. The Dubai Gold Jewellery Group has also extended its support, pledging to disseminate information on IIJS Tritiya among its […]

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Retail gold sales among India’s “organized” jewelry retailers will be up by between 23 and 25 per cent in the financial year ending 31 March 2023. But growth in the subsequent 12 months will halve, to between eight and 12 per cent, according to the Mumbai-based Crisil ratings agency. It points to ” slower growth […]

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NEW DELHI: Consumer Affairs Minister Ram Vilas Paswan on Friday launched an online system for registration and renewal of the licence of gold assaying and hallmarking centres. The online mode will bring ease of doing business for both the jewellers and entrepreneurs who have established hallmarking centres or wish to do so. Currently, gold hallmarking […]

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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 retaliated with tariffs of its own. There has been little follow-through since. This begs the question, will a trade war lead […]

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Building on the successes of its profitable core gold recovery operations in South Africa and Ghana, AIM-listed Goldplat sees the potential for continued strong revenue growth and stable margins in other parts of the continent. Building on the successes of its profitable core gold recovery operations in South Africa and Ghana, AIM-listed Goldplat sees the […]

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As we know, gold and the US dollar have an inverse relationship. Gold is priced in US dollars and the drivers of each are similar (from an inverse point of view). Over long-term periods both trend in the same direction but the magnitude of the moves can vary and be quite different. The standard inverse […]

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Gold has faded from interest in the past couple months, overshadowed by the monster stock-market rally. But gold has been consolidating high, quietly basing before its next challenge to major $1350 bull-market resistance. A decisive breakout above will really catch investors’ attention, greatly improving sentiment and driving major capital inflows. With gold-futures speculators not very […]

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The National Stock Exchange (NSE) is attempting to create its own quality standard for gold bars made by local refiners to be delivered on its commodity segment. It is currently awaiting results of a technical report from global assaying company Alex Stewart International before accrediting half a dozen BIS – registered refiners whose gold bars […]

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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 percent to $1,605.51 per ounce as of 2:25 p.m. EDT (1825 GMT), having earlier touched a record high of $1,608. […]

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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 its reserves in January, taking its total holding forming part of its foreign exchange reserves to 607 tonnes, is set […]

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