precious metal trends
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Value of Gold – Unlike Paper Currency Gold Maintained Value Throughout Ages
(Read More)Unlike paper currency, coins or other assets, gold has maintained its value throughout the ages . . . .
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Jewelers see festive demand rising 10-20% this year
(Read More)Jewelers are offering discounts of up to 50% on making charges to attract consumers in the ongoing festive season in the hope that the surge in rural demand will more than make up for the almost 10% higher gold prices this year, high import duties and a closer watch by the tax authorities on sales . . . .
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More disappointing U.S. data propelling gold towards $1,350
(Read More)We have recently speculated as to how the gold price might perform now U.S. execs are back at their desks after holidaying in the summer sunshine . . . .
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Daily Market Report 9/6/16
GOLD This morning Gold opened strong in Asian trading and continued that strength in European and U.S. markets. Gold demand from jewelry manufactures showed dramatic pick up after the August holidays. Gold reached a high of $1,352.20 on excellent demand. At 11am PDT today, Gold is up $24 per ounce, trading at $1,349 per ounce on heavy volume. SILVER Silver...(Read More) -
India preparing comprehensive gold policy
(Read More)This is the first time the government has taken such an initiative. It is to include the stated policy, setting up of gem and jewelry parks and regulations for testing and certifying agencies, to primarily address issues of the diamond industry . . . .
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Russia Adds 19 Tons of Gold to Reserves in June
(Read More)Over the past two years, Russia has led the world in adding gold to her central bank reserves, ahead of the People’s Bank of China, the central bank that has added the second largest of amount of gold . . . .
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Gold races to 2-year high as investors seek refuge from Brexit
(Read More)Gold surges as Brexit vote unleashes turmoil on markets . . . .
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