The gold price was
slightly lower this morning after hitting close to a two-week high on
Tuesday. Following key CPI data out of the US overnight, the metal is
seen ranging on a lack of drivers. read more
Wednesday, 25 March 2015
Deccan Gold Mines up 20%, RBI allows FIIs to raise stake
Investors lapped up
shares of Deccan Gold Mines on Wednesday after the Reserve Bank of India
allowed foreign institutional investors to increase stake in the
company. The stock rallied 20 percent in early trade. read more
US jewellery price index falls 3% in February
The US Consumer
Price Index (CPI) for jewellery dropped 3.4 per cent year on year to
165.6 points in February, which was the lowest reading for the month
since 2010. Comparatively, read more
Tuesday, 24 March 2015
Quote of the day 24-03-2015
“With the initiative of IBJA, the circular issued by Weight and Measurement Department for compulsory use of electronic weighing machine in Maharashtra is being withdrawn.” - Mohit Kamboj, President, (IBJA) India Bullion and Jewellers Association Ltd
Gold bonds to carry nominal interest rate of 1-2%; Will be sold through post offices and banks
The sovereign gold bonds promised by finance minister Arun Jaitley in the recent Budget speech will be made attractive to savers with the twin benefits of a likely price appreciation of the metal and a nominal interest rate of 1-2 per cent Read More
Successful outcome of IBJAs meeting with CM; Compulsory use of electronic weighing scale withdrawn
With the initiative of IBJA the circular issued by Weight and Measurement Department for compulsory use of electronic weighing machine in Maharashtra is being withdrawn Read More
Goldman Sachs join ex-fixing banks for new LBMA gold price
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