In late June, the price of gold has fallen below 1,200 U.S. dollars per ounce; however, it rebounded slightly recently. At present, financial market fluctuates by the influence of domestic and international economic situation. Under this ...
Tags: Gold Price, Mineral
It’s been a long time but finally it appears that consumers in the United States are returning to gold jewellery. The World Gold Council said last week that for the first time in nearly seven years, there was a year-over-year ...
Tags: Gold Jewellery, US, Arts&Crafts
Gold is still trading at more than US$1,600 an ounce, a figure far too high to make a profit selling gold jewellery. But according to the latest World Gold Council report, a change in the price of the precious metal may be on the horizon. ...
Tags: WGC, Comeback, Gold Jewellery Demand
It may be encouraging news for the Indian government that India’s gold demand during calendar year 2012 went down by 12% at 864.2 tonnes on year-on-year (y-o-y) basis, though the second half (July-December) saw demand going up by 23% ...
Tags: gold demand, WGC, GJEPC Ventures, B2C Jewellery Shows
In a desperate move to restrict imports of gold, the Indian Government and Reserve Bank of India (RBI) are planning to further increase import duty on gold from prevailing 4% to 6%. It had quadrupled the gold import duty from 1% to 4% last ...
Tags: Government, India, Jewellery Industry
Reuters reported that the world's biggest gold refiner, South Africa's Rand Refinery is considering setting up a refining plant in China within 2 to 3 years joining hands with a local partner on its first such plant abroad. A senior ...
Tags: gold refine, refining plant, China, Rand Refinery
ABN Amro expects gold prices to drop substantially over the next two years on a modest increase in supply and slightly lower demand. ABN Amro said that it sees gold averaging USD 1,400 per ounce in 2013 and USD 1,300 an ounce in 2014. The ...
Tags: ABN Amro, gold prices, palladium, gasoline
Gold demand"revived"in India,Wall Street Journal reports-Gold Bullion Beverly Hills,California,United States of America.October 26,2012--A fall in gold prices over the past few weeks and the beginning of the peak festival season ...
China–the largest jewellery market for the third consecutive quarter. Global gold demand in Q1 2012 was 1,097.6 tonnes,down 5%from the high demand levels seen in Q1 2011,according to the World Gold Council's Gold Demand Trends ...
Tags: gold, demand, import taxes