Wednesday, 1 February 2017
#AOJDailyeNews Gold futures score best monthly gain since June
Gold futures rallied to
their highest level in just over a week on Tuesday, marking the strongest
monthly gain since June on the back of a retreat in U.S. stocks and weakness in
the dollar. READ MORE
#AOJDailyeNews Rio Tinto to close New York marketing base
Rio Tinto Diamonds will shut its
North American sales and marketing office as part of a cost-cutting exercise. Read More
#AOJDailyeNews Gold becomes one of investors' favourite safe havens with Trump uncertainty
Some of Wall Street's largest fund managers
have taken a contrarian bet on gold, wagering that US President Donald Trump's
governing style and upcoming elections in Europe will combine to create more
stock market volatility and boost the prices of a metal long seen as a safe
haven Read More
#AOJDailyeNews Well balanced budget with no negative announcement for the jewellery industry
Finance Minister Arun Jaitley’s Union Budget FY 17-18 is
being considered as a populous budget with almost something for everyone. The
budget has generated mixed reactions from the gem and jewellery industry’s stakeholders
as well. Neither any relief was provided to the GJ sector in terms of duty
reduction, nor any unfavourable announcements were made in the budget. READ MORE
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