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Tag "precious metals"

Gold price jumps to Rs 52,700 per 10 gm, silver at Rs 66,050 a kg

Gold price jumps to Rs 52,700 per 10 gm, silver at Rs 66,050 a kg 0

🕔12:08, 30.Jul 2020

In New Delhi, the price of 22-carat gold rose to Rs 51,500 per 10 gram, and in Chennai to Rs 50,740 Gold prices jumped on Tuesday to Rs 52,700 from Rs 52,450 per 10 gram, while silver climbed to Rs 66,050

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Is it safe to try gold jewellery in Dubai stores?

Is it safe to try gold jewellery in Dubai stores? 0 Updated

🕔19:21, 28.Jul 2020

Dubai gold jewellers have assured shoppers that the jewellery they try on at the local outlets is safe, as they are regularly sterilised to protect consumers and employees from coronavirus. “There are guidelines that all gold jewellery outlets must follow.

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Gold prices today fall after rising to near record highs

Gold prices today fall after rising to near record highs 0

🕔16:26, 29.Jun 2020

Gold prices in India fell after rising near record highs in early session. On MCX, August gold futures were down ₹50 to ₹48,250 per 10 gram after rising to ₹48,462 at day’s high. Silver futures on MCX were flat at ₹49,245 per kg. Last

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Gold prices today surge to record high, silver rates jump

Gold prices today surge to record high, silver rates jump 0

🕔12:37, 22.Jun 2020

Gold rates today: On MCX, prices hit a new high of ₹48,289 per 10 gram. A woman walks past a poster outside a jewellery shop in Kolkata. Gold prices in India today extended gains, hitting a new high amid a global

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Dubai Diamond Exchange is back in action

Dubai Diamond Exchange is back in action 0

🕔14:58, 20.Jun 2020

The Dubai Diamond Exchange (DDE) is back in full operational mode, including the issuing of tenders. “While we continue to navigate a global economic slowdown, we must also be prepared to bounce back,” said Ahmed Bin Sulayem, Executive Chairman and

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Gold dealers offer big discounts as virus fears stifle demand

Gold dealers offer big discounts as virus fears stifle demand 0

🕔12:40, 6.Jun 2020

BENGALURU/MUMBAI: Physical gold dealers in India offered the highest discounts in about two months this week as customers kept away with corona virus cases in the country continuing to mount, while Singapore saw steady safe haven demand. In thin volume trade, discounts of up

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Fall in bank credit may delay jewellery sector recovery

Fall in bank credit may delay jewellery sector recovery 0 Updated

🕔12:58, 5.Jun 2020

The consistent fall in bank credit to the gem and jewellery industry may exert further pressure and delay the recovery of the sector which is already reeling under unprecedented drop in demand after the Covid pandemic outbreak. The stress due

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Gold sales in India unlikely to revive before September

Gold sales in India unlikely to revive before September 0

🕔18:34, 4.Jun 2020

Mumbai: Demand for gold in India is unlikely to revive before September even as jewelers slowly reopen their stores after the world’s biggest lockdown. Consumption in the world’s second-biggest user came crashing down in the first quarter, hit by high prices

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Gold prices today rise after falling ₹1,100 per 10 gram in 2 days

Gold prices today rise after falling ₹1,100 per 10 gram in 2 days 0

🕔16:12, 4.Jun 2020

Gold prices in Indian edged higher today, in tandem with an advance in global markets. On MCX, gold futures rose 0.25% to ₹46,124 per 10 gram, after rates fell over ₹1,100 in two sessions. Silver rates were flat at ₹48,452 per kg. Silver

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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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