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Tag "gold market"

UAE gold and jewellery sector will emerge stronger from COVID-19-enforced store closures: Joy Alukkas

UAE gold and jewellery sector will emerge stronger from COVID-19-enforced store closures: Joy Alukkas 0

🕔18:36, 28.Dec 2020

Dubai: Around 100 gold and jewellery stores shut down in the UAE this year after the pandemic struck – and that’s not a bad thing, according to the founder of a leading retailer. “Gold stores were mushrooming all over –

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Gold prices to average $2,300 an ounce in 2021 – CIBC

Gold prices to average $2,300 an ounce in 2021 – CIBC 0 Updated

🕔15:07, 27.Nov 2020

2020 has been one big roller-coaster ride for the gold market, and while volatility is expected, one bank sees bigger upswings next year. In its 2021 outlook, analysts at CIBC said that they see gold prices averaging the year around

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Strong growth in global investment demand for gold in Q3 partially offset weakness elsewhere as consumers battled the effects of COVID-19

Strong growth in global investment demand for gold in Q3 partially offset weakness elsewhere as consumers battled the effects of COVID-19 0

🕔14:23, 29.Oct 2020

Global gold demand dropped by 19% y-o-y to 892t in Q3, as consumers continued to feel the impact of the COVID-19 pandemic. This was the lowest quarterly total since Q3 2009. The Year-to-date demand of 2,972.1t was 10% lower versus

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Gold discount shrinks sharply in local markets amid festive demand

Gold discount shrinks sharply in local markets amid festive demand 0 Updated

🕔17:06, 19.Oct 2020

The pandemic-induced lockdown dragged down Q2 demand , but with restrictions easing steadily since then and many weddings deferred to the fourth quarter, jewellery demand is expected to improve in Q3 and Q4. Amid signs of rising festive and wedding demand for

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GJEPC along with the World Gold Council felicitates the true ‘KOHINOORS OF INDIA’ this Independence Day via a Virtual Musical Extravaganza

GJEPC along with the World Gold Council felicitates the true ‘KOHINOORS OF INDIA’ this Independence Day via a Virtual Musical Extravaganza 0

🕔14:45, 21.Aug 2020

Celebrating the humane side of the Indian G&J Industry, Gems & Jewellery Export Promotion Council (GJEPC) in association with the World Gold Council felicitated the real heroes of the Industry for their exemplary Contribution towards Society during COVID-19. This was

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Buffett who once mocked gold market now invests in it

Buffett who once mocked gold market now invests in it 0

🕔15:09, 18.Aug 2020

Warren Buffett’s Berkshire Hathaway Inc. has added the world’s second-largest gold miner Barrick Gold Corp. to its portfolio, reported Bloomberg. The move by Buffett, seen as a the market guru by millions, has resulted in a surge of the share value of

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World Gold Council Launches Retail Gold Investment Principles

World Gold Council Launches Retail Gold Investment Principles 0 Updated

🕔13:08, 7.Aug 2020

The World Gold Council, the market development organisation for the gold industry, has today launched its new Retail Gold Investment Principles (RGIPs).These Principles are designed to set the bar for product providers across the global retail gold market and further

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Gold should be looked as portfolio diversifier, said eminent experts in a Webinar on Gold Investment Opportunity and Price Outlook organised by PHD Chamber

Gold should be looked as portfolio diversifier, said eminent experts in a Webinar on Gold Investment Opportunity and Price Outlook organised by PHD Chamber 0 Updated

🕔11:18, 24.Jul 2020

Gold should be embraced as a portfolio diversifier and hedging strategy by an investor in the current environment. The present difficult time amid pandemic COVID-19  will continue to reinforce the role of gold as a strategic asset,said eminent experts in

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Zaveri Bazaar opens today after 10 weeks, traders feel it’s a positive sign

Zaveri Bazaar opens today after 10 weeks, traders feel it’s a positive sign 0

🕔14:54, 6.Jun 2020

Zaveri Bazaar, Asia’s largest gold market, reopened on Friday, after 10 weeks of shuttering, injecting life into India’s tepid bullion and jewellery trade that relies heavily on this South Bombay commercial landmark for business volumes and leads. Adhering to the odd-even formula spelt out

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Silver and Gold Slip But Investment ETFs Expand Again as Consumers China and India Glutted with Bullion

Silver and Gold Slip But Investment ETFs Expand Again as Consumers China and India Glutted with Bullion 0

🕔16:44, 4.Jun 2020

GOLD and SILVER prices slipped and rallied in London trade Wednesday after the two precious metals’ largest New York-listed ETF investment trusts expanded for a 5th session running. Global stock markets followed Wall Street higher yet again despite the ongoing civil

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