Global Gold City Project Announced
Platinum is Set to Become the Metal of Choice: Sujala Martis
Should Airlines Ban Carrying Gold in Hand?
Now That a Jobs Miss Broke Gold’s Resistance, Can Silver Clear Its Ceiling?
Macro Snapshot: The FOMC held rates at 3.50 to 3.75% on July 29 by a 9 to 3 vote, with three members dissenting in favour of a quarter-point hike. Chair Kevin Warsh described inflation as a ‘choice’ and made clear the Committee would move quickly if incoming inflation data ran hot. Going into the week ending August 7, CME FedWatch put September hike odds near 58%. That framing collapsed on Friday. The Bureau of Labor Statistics reported that US employers
Now That a Jobs Miss Broke Gold’s Resistance, Can Silver Clear Its Ceiling?
Macro Snapshot: The FOMC held rates at 3.50 to 3.75% on July 29 by a 9 to 3 vote, with three members dissenting in favour of a quarter-point hike. Chair Kevin Warsh described inflation as a ‘choice’ and made clear the Committee would move quickly if incoming inflation data ran hot. Going into the week ending August 7, CME FedWatch put September hike odds near 58%. That framing collapsed on Friday. The Bureau of Labor Statistics reported that US employers
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Probe Ordered into Surat’s G&J Park Land Issue
Surat: The district collector of Surat has ordered an inquiry on Thursday into a complaint given by farmers over 100 hectare of land allotted for development of gems and jewellery park at Ichhapore, reports The Times of India. A Surat District Panchayat member had submitted the application on behalf of the farmers. Ichhapore and Hazira villagers allege that diamond company
Plan to Open Puri Temple Treasury
Bhubaneswar: The Puri Jagannath temple management will shortly make yet another effort to open the doors of the inner chambers of the ratna bhandar, the treasury of the deities. It will be the fourth attempt by the temple management in the last 40 years to open the inner chambers of the treasury. The first attempt of the recent past was
Platinum Market Set to be Balanced in 2018
London: Last year, platinum production increased by 1 percent while global demand fell 7 percent year-on-year, leaving the market with a 250,000-ounce surplus. However, the market is expected to return to equilibrium this year, with an estimated small surplus of 25,000 ounces. In 2017, demand was down in the automotive industry. The report states that, “Demand fell 3 percent due
Gold Corporation & Kirkland Lake Gold Join WGC
London: The World Gold Council (WGC), the market development organisation for the gold industry, has welcomed Detour Gold Corporation and Kirkland Lake Gold Ltd. to its Board of Members. Detour Gold Corporation (“Detour”) is a Canadian mid-tier gold mining company, with expected 2018 production to be between 600,000 and 650,000 ounces. Detour owns and operates the Detour Lake mine, one
Probe Ordered into Surat’s G&J Park Land Issue
Surat: The district collector of Surat has ordered an inquiry on Thursday into a complaint given by farmers over 100 hectare of land allotted for development of gems and jewellery park at Ichhapore, reports The Times of India. A Surat District Panchayat member had submitted the application on behalf of the farmers. Ichhapore and Hazira villagers allege that diamond company
Plan to Open Puri Temple Treasury
Bhubaneswar: The Puri Jagannath temple management will shortly make yet another effort to open the doors of the inner chambers of the ratna bhandar, the treasury of the deities. It will be the fourth attempt by the temple management in the last 40 years to open the inner chambers of the treasury. The first attempt of the recent past was
Platinum Market Set to be Balanced in 2018
London: Last year, platinum production increased by 1 percent while global demand fell 7 percent year-on-year, leaving the market with a 250,000-ounce surplus. However, the market is expected to return to equilibrium this year, with an estimated small surplus of 25,000 ounces. In 2017, demand was down in the automotive industry. The report states that, “Demand fell 3 percent due
Gold Corporation & Kirkland Lake Gold Join WGC
London: The World Gold Council (WGC), the market development organisation for the gold industry, has welcomed Detour Gold Corporation and Kirkland Lake Gold Ltd. to its Board of Members. Detour Gold Corporation (“Detour”) is a Canadian mid-tier gold mining company, with expected 2018 production to be between 600,000 and 650,000 ounces. Detour owns and operates the Detour Lake mine, one
