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Tag "gold market"

Scrap sales tepid, hint early reports of jewellers as lockdown eases

Scrap sales tepid, hint early reports of jewellers as lockdown eases 0

🕔15:37, 22.May 2020

Jewellers operating in states like Kerala , Maharashtra and Goa, whose governments have eased restrictions in certain areas , said Most customers were placing orders rather than selling scrap. Heavy scrap arrival, or sale of old gold for cash, hasn’t

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Gold demand may shift from jewellery, says WGC India MD.

Gold demand may shift from jewellery, says WGC India MD. 0

🕔17:19, 5.May 2020

  The gold market in India might see a significant shift in consumer behaviour once the nationwide lockdown is lifted. While Indian buyers have traditionally preferred jewellery over other forms of gold, record high prices and social distancing norms may

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Gold price discounts in India jump to 6-month highs amid lockdown

Gold price discounts in India jump to 6-month highs amid lockdown 0

🕔18:43, 30.Mar 2020

Physical gold dealers struggled to meet surging safe-haven demand this week, especially in Singapore, as the coronavirus outbreak choked global supply chains, while massive discounts were offered in India amidst a lockdown. In India, trading came to a standstill as

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Kalyan Jewellers shimmers with robust double-digit growth in Q3

Kalyan Jewellers shimmers with robust double-digit growth in Q3 0

🕔13:48, 21.Jan 2020

NEW DELHI: Notwithstanding the ongoing economic slowdown, Kalyan Jewellers, the country’s largest jewellery brand, has seen robust growth in the third quarter of the fiscal. Besides, the company is also on an aggressive expansion spree to take its total store count

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Concern over global uncertainties prompt exchange traded funds to go for gold

Concern over global uncertainties prompt exchange traded funds to go for gold 0 Updated

🕔17:46, 3.Dec 2019

NEW DELHI: The last few months saw a structural change in the gold market with investors taking refuge in time-tested havens such as the gold-backed exchange-traded funds (ETFs) amid concerns over slowing global economy and as uncertainties on account of

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Under pressure, gold heads southward

Under pressure, gold heads southward 0

🕔18:18, 1.Oct 2019

After a short-lived rally towards $1,535 a troy ounce last week, gold has shed all its gains, having fallen below the psychologically important level of $ 1,500/oz early this week. In the coming days, the yellow metal is likely to

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NSE Eyes 350-375 Tonnes of Domestically Refined Gold Market for Derivatives

NSE Eyes 350-375 Tonnes of Domestically Refined Gold Market for Derivatives 0 Updated

🕔11:29, 17.Apr 2019

With over 350-375 tonnes of the domestically refined gold market still away from the organised trading platforms in India, the National Stock Exchange of India (NSE) has decided to accept it as good delivery on its derivatives platform. So far, only London Bullion Market

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Jewellers Restock Gold After Prices Drop 4%

Jewellers Restock Gold After Prices Drop 4% 0 Updated

🕔09:47, 6.Mar 2019

Kolkata: After a lull of almost a fortnight, there was some buzz as demand showed an uptick in the gold market. Price of gold has dropped by 4.17 per cent since February 20, prompting jewellers to restock the metal. The

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