Chetan Kumar Mehta Propels Laxmi Diamonds to the Top
PGI Expects 50% Growth Rate in India: Pallavi Sharma
Platinum is Set to Become the Metal of Choice: Sujala Martis
Should Airlines Ban Carrying Gold in Hand?
A Record Number of Central Banks Want to Buy More Gold: The Price Just Fell to a 4-Month Low
Macro Snapshot: Three events defined the week ending June 19, and they pointed in different directions. On Monday June 15, news emerged that US and Iranian negotiators had agreed a memorandum of understanding with formal signing scheduled for June 19 in Switzerland; oil declined to a two-month low on the announcement, with Brent falling below $80 per barrel after losing roughly 15% over four sessions. On Tuesday June 16, the World Gold Council released its Central Banks Gold Reserves Survey
A Record Number of Central Banks Want to Buy More Gold: The Price Just Fell to a 4-Month Low
Macro Snapshot: Three events defined the week ending June 19, and they pointed in different directions. On Monday June 15, news emerged that US and Iranian negotiators had agreed a memorandum of understanding with formal signing scheduled for June 19 in Switzerland; oil declined to a two-month low on the announcement, with Brent falling below $80 per barrel after losing roughly 15% over four sessions. On Tuesday June 16, the World Gold Council released its Central Banks Gold Reserves Survey
Top News
India Not to Tax Gold Monetization Deposits
New Delhi: Seeking to mobilize idle gold worth up to Rs 60 lakh crore held by households and institutions, government on Tuesday proposed a new scheme offering tax-free interest on depositing the yellow metal with banks. The draft gold monetization scheme also provides for incentives to the banks, while individuals and institutions can deposit as low as 30 grams of
Global Platinum Market in Deficit during Q1 2015
London: The World Platinum Investment Council (WPIC) has announced the publication of its third Platinum Quarterly – the first independent, freely-available, quarterly analysis of the global platinum market. The report incorporates analysis of platinum supply and demand during the first quarter of 2015. Platinum Quarterly is a WPIC publication. It is based upon research and detailed analysis commissioned with, and conducted by, SFA
Indian Industrialists Meet Chinese Counterparts
Surat: It was a proud moment for the city when the local industrialists were a part of the Indian delegation Prime Minister Narendra Modi at Shanghai on Saturday. Govind Dholakiya, chairman of Shree Ramkrishna Export (SRK), Mathur Savani, chairman of Savani Brothers and convenor of the Surat Diamond Bourse project, Manoj Gandhi, chairman of the Gandhi Group of Industries, Yogesh
We May Soon See $1,000-Per-Ounce Platinum
New York: The price of platinum is currently experiencing a bearish trend and could test the $1,000-per-ounce benchmark this year, according to the latest Platinum and Palladium Survey from Thomson Reuters GFMS. At press time the metal was trading at $1,168 per ounce. It has stayed above the $1,000 level since February 2009. “We would not be surprised if platinum
India Not to Tax Gold Monetization Deposits
New Delhi: Seeking to mobilize idle gold worth up to Rs 60 lakh crore held by households and institutions, government on Tuesday proposed a new scheme offering tax-free interest on depositing the yellow metal with banks. The draft gold monetization scheme also provides for incentives to the banks, while individuals and institutions can deposit as low as 30 grams of
Global Platinum Market in Deficit during Q1 2015
London: The World Platinum Investment Council (WPIC) has announced the publication of its third Platinum Quarterly – the first independent, freely-available, quarterly analysis of the global platinum market. The report incorporates analysis of platinum supply and demand during the first quarter of 2015. Platinum Quarterly is a WPIC publication. It is based upon research and detailed analysis commissioned with, and conducted by, SFA
Indian Industrialists Meet Chinese Counterparts
Surat: It was a proud moment for the city when the local industrialists were a part of the Indian delegation Prime Minister Narendra Modi at Shanghai on Saturday. Govind Dholakiya, chairman of Shree Ramkrishna Export (SRK), Mathur Savani, chairman of Savani Brothers and convenor of the Surat Diamond Bourse project, Manoj Gandhi, chairman of the Gandhi Group of Industries, Yogesh
We May Soon See $1,000-Per-Ounce Platinum
New York: The price of platinum is currently experiencing a bearish trend and could test the $1,000-per-ounce benchmark this year, according to the latest Platinum and Palladium Survey from Thomson Reuters GFMS. At press time the metal was trading at $1,168 per ounce. It has stayed above the $1,000 level since February 2009. “We would not be surprised if platinum
