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Gold price today: Rs 46,929 per 10 gm; silver at Rs 48,435 per kg

Gold price today: Rs 46,929 per 10 gm; silver at Rs 48,435 per kg 0

🕔15:05, 30.May 2020

Gold price today fell from Rs 46,995 to Rs 46,929 per 10 gram, while silver price was at Rs 48,435 per kilogram, according to the India Bullion and Jewellers Association (IBJA). The domestic gold futures rose by 0.34 per cent to

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Asia gold: Top hubs struggle as customers continue to keep away

Asia gold: Top hubs struggle as customers continue to keep away 0

🕔12:02, 30.May 2020

Asian physical gold hubs struggled to regain footing this week as most retail customers stayed away even as some coronavirus restrictions were eased. Chinese dealers sold gold at discounts of $14-$18 an ounce versus benchmark prices, compared to last week’s

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Canada’s CIBC lost $64 million in a day on paper in gold market turmoil

Canada’s CIBC lost $64 million in a day on paper in gold market turmoil 0

🕔10:36, 30.May 2020

LONDON (Reuters) – Canadian Imperial Bank of Commerce (CIBC) took a mark-to-market trading loss of C$88.2 million ($64 million) in one day in March due mainly to volatility in the gold market, the bank said in its second-quarter earnings report

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Gold rate jumps on US-China tensions, rising virus cases

Gold rate jumps on US-China tensions, rising virus cases 0

🕔18:26, 29.May 2020

Gold and silver edged higher on Friday after Sino-US tensions over Hong Kong escalated further while India continued to report an increasing number of new cases forcing investors to seek safe havens. China approved a decision to go forward with

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Striking Gold with Old Jewellery

Striking Gold with Old Jewellery 0

🕔16:58, 29.May 2020

Bhuvan Goel, a first-generation jeweller and owner of SKA Diamonds in New Delhi, always wanted to do something on his own. Although his father runs an electrical business, Bhuvan was long harboured a fascination with gems and jewellery. But it

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COVID-19:  Jewellers with hearts of gold

COVID-19: Jewellers with hearts of gold 0 Updated

🕔16:27, 29.May 2020

India is a uniquely diverse nation where people of all kinds ‘rich, poor, educated, uneducated, theist, atheists’ everyone lives in harmony and come crisis, this peculiarity of the populace is all the more pronounced. Little wonder why the sight of

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Gold hits 2-week low on optimism around reopening of economies

Gold hits 2-week low on optimism around reopening of economies 0

🕔15:53, 28.May 2020

Spot gold dipped 0.3 per cent to $1,705.94 per ounce by 0502 GMT, after hitting its lowest level since May 13 of $1,703.40 earlier in the session. Gold prices touched a two-week low on Wednesday due to optimism around reopening

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COVID-19: US imports record amount of gold from Switzerland as virus upends trade

COVID-19: US imports record amount of gold from Switzerland as virus upends trade 0

🕔15:11, 28.May 2020

Swiss exports of gold to the United States leapt to 111.7 tonnes in April — by far the biggest monthly total on record — while shipments to other destinations dwindled, customs data showed on Tuesday. The global gold market has

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Over a third of Indian women have never bought gold jewellery

Over a third of Indian women have never bought gold jewellery 0

🕔14:48, 28.May 2020

14% will never consider buying; jewellers need to meet the fashion expectations of women, says World Gold Council survey. Shattering popular belief of women’s affiliation to gold, a survey by the World Gold Council has revealed that 37 per cent

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PNG Jewellers re-opens with new sanitization measures

PNG Jewellers re-opens with new sanitization measures 0 Updated

🕔11:27, 28.May 2020

Pune based, heritage jewellery brand, PNG Jewellers re-opened their stores on the 21st of May 2020 on receiving a nod from the authorities. Most of their stores across Maharashtra, barring Mumbai MMR, Camp area and Hinjewadi are now open. The

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