The
retail sales of gold and silver products, and finished jewellery in
China totalled RMB 22.3 billion (US $3.58 billion), down 6.1 per cent in
March compared with the same month last year, according to the recent
data released by the National Bureau of Statistics of China. read more
Wednesday, 23 April 2014
Apple extends company's trademark to include 'jewellery and watches'
Apple is extending its company trademark to include jewelry and watches ahead of a rumored iWatch device. Last June, Apple began registering for 'iWatch' trademarks; however,
it is now updating its actual company name registration to cover
jewelry and watches. read more
Nearly 219 kg of gold seized from Kerala airports in one year
Smuggled gold to the tune of 219 kg, which is worth Rs 76.65 crore, was
seized from international airports in Kerala during the last one year
ending April 20, 2014.
read more
read more
Gold above 10-week low as investors weigh Ukraine, US recovery
Gold
traded above a 10-week low as improvements in the US economy were
weighed against tension in Ukraine and signs of higher demand in China.
Assets in the largest exchange-traded product held at the lowest in 12
weeks.
read more
read more
Investors shy away from gold ETFs
Gold exchange-traded funds (ETFs), once a popular investment vehicle
among retail investors, seem to be losing appeal, going by the
large-scale closure of folios and the continuous net outflows. In the
past year, about a fifth of the accounts set up for investments in this
product have seen closures. read more
India's jewellery sales take hit on election restrictions
India's gold imports in April and May could be less than half of
arrivals in March, as restrictions on the movement of cash during
general elections dent the buying power of consumers, jewellery industry
officials said.
read more
read more
Tuesday, 22 April 2014
Rapaport Melee Diamond Index up 5.4% in 1Q 2014
The Rapaport Melee Index (RMI) for small diamonds increased by 5.4% to
137.60 during the first quarter of 2014. Year on year the index is up
1.9% from its level of 135.00 in March 2013.
read more
read more
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