Gold imports fall by 35.45% in April vis a vis March in Ahmedabad
AOJ E-NEWS: Gold imports in Ahmedabad declined in April. According to data from the Ahmedabad Air Cargo Complex, gold imports in April fell by 35.45% from March. Last month, 7.39 metric tonnes of yellow...
Period jewellery value soars 80% in last decade, according to new findings
New research has revealed the most rare and sought-after pieces of vintage jewellery have soared in value by over 80% during the past ten years, outperforming the housing market.
Average house prices in England have...
Gold edges up, but gains limited by rate hike prospects
Gold edged up slightly in a technical rebound on Monday after one-month highs hit last week were undercut by the prospects of more interest rate hikes from the US Federal Reserve.
Spot gold edged 0.1...
6 kg gold worth Rs 1.16 crore seized at Chhatrapati Shivaji International Airport
A female passenger from Dubai to Mumbai, carrying undeclared jewellery, was arrested at the Chhatrapati Shivaji International Airport and gold worth Rs 1.16 crore was seized by the DRI.
The Directorate of Revenue Intelligence (DRI),...
GFMS: India’s Gold Imports Estimated at 492 Tonnes in 2016
India’s gold imports for 2016 are estimated to be 492 tonnes in voume terms or about US$ 16-17 billion in value terms, according to a survey by Thomson Reuters GFMS. The agency said that...
Gold Prices Up 8% During 2016, But Year End Decline Indicates Uncertain Future
The New Year has begun on a mixed note for gold, with prices closing 2016 at US$ 1,150 per ounce levels, registering an 8.4% rise during the preceding 12-month period, the first annual gain...
BIS Revises Jewellery Hallmarking Standards, Stating Gold Karatage Mandatory from Jan 1
The Bureau of Indian Standards (BIS) has announced that from January 1, 2017, all hallmarked gold jewellery will have gold caratage stated on the piece in addition to the fineness of the metal which...
Three Indian Companies Have Larger Gold Reserves than Many Nations
Just three Indian gold loan companies have more gold in their vaults than many sovereign nations, according to recent reports in the Indian media!
The three, Muthoot Finance, Manappuram Finance and Muthoot Fincorp which are...
Jen’s Obsession: Jewelmak’s Fancy Shape Gemstone Rings in Gold
Maybe it’s because my family just finished decorating our Christmas tree, but Jewelmak’s new gemstone rings, in 14k gold with hexagonal and marquise cuts, remind me of holiday ornaments! The playful shapes and rich...
Gold Prices Dip to New Lows on US Fed Rate Hike
The announcement by the US Federal Reserve that it has it was increasing its rate by 25 basis points bringing the expected target for the federal funds rate to between 0.5%-0.75%, the first increase...
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