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Falling rupee, higher prices to impact jewellery in short-term

18-06-2018| Source:PTI

Rising prices, depreciating rupee and geopolitical tensions between the US and China will likely to have negative impact on the gold and diamond jewellery business.

Love for yellow metal? We need of spot gold exchanges in the country


Hareesh VThe government has implemented many schemes to bring structural changes in the gold industry to utilise our enormous gold reserves in a productive way. Schemes like gold monetization

Gold price looks set for a breakout on the higher side for a target of Rs 31,650 per 10 gm


Sugandha SachdevaGold prices have been relatively quiet and is consolidating between $1,280 and $1,307 an ounce as the precious metal lacks clear direction amid a diverse set of fundamentals

DRI arrests Shree Ganesh promoter for gold fraud

15-06-2018| Source:PTI

Directorate of Revenue Intelligence (DRI) today said it has arrested Shree Ganesh Jewellery House Ltd promoter Nilesh Parekh for fraud in diversion of over 1,700 kg of primary gold."We have arrested

India gold discounts widest in nine months, activity muted elsewhere

14-06-2018| Source:Reuters

Gold was being sold at a discount in Indian markets for the sixth straight week.

Gold prices are expected to trade lower today: Angel Commodities


According to Angel Commodities, On Wednesday, spot gold prices rose 0.3 percent to close at $ 1299.3 per ounce as weakness in the DX ahed of FOMC state men t buoyed the yellow metal.

Gold slips as Fed signals two more rate raises

14-06-2018| Source:Reuters

Spot gold was down 0.1 percent to $1,298.61 per ounce at 0047 GMT. It touched an over one-week low at $1,292.15 an ounce in the previous session.

Gold may decline to $1,280-1,260 in the short term


Sam NairPrecious metals continue to trade in a broad range with gold locked around the $1,300 troy ounce mark ahead of the outcome of the Federal Open Market Committee meeting scheduled for later

Gold prices are expected to be volatile today: Angel Commodities


According to Angel Commodities, On Tuesday, spot gold prices declined marginally by 0.32 percent to close at $1295.6 per ounce as the dollar strengthened following a positive U.S. - North

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