Tuesday, August 26th 06:18 PM

Amagi Metals has been accepting cryptocurrencies since November of 2012 with a major focus on Bitcoin. Bitcoin now accounts for over 40% of the company’s…..Continue

BIS to provide unique ID for each piece of hallmarked jewellery sold in India

  • He also emphasised on the need to make the jewellery hallmarking system in India more reliable to improve the competitiveness of Indian industry and protect Indian consumers in a much better way

Gold may witness sideways trend for next six months

  • Florian Siegfried said mid-cycle corrections in gold tend to last up to four years. It has been more than three years now, probably 3.5 for the miners.

Geopolitical issues, interest rate provide support for Gold: ETFS

  • In a weekly report, it said gold may surprise investors to the upside this year, due to rising geo-political risks which are likely to escalate, less than robust growth data and central banks issuing decidedly dovish messages.

Gold: Weakening physical demand, muted investor interest to hurt

  • Despite geo-political tensions, hefty investor demand is absent and a small surplus in the market implies that much of the volatility of previous years has been removed, supporting more range-bound price action.

Gold demand plunges in Q2 tracking weak jewellery, bar sales: WGC

  • Gold demand declined for the second quarter on a global basis, reported the World Gold Council on Thursday. This downturn in demand is due to slackening sales of jewellery, coin and bar from last year's record levels.

Fall of fiat currencies and ultimate dominance of Gold

  • Gold has mostly been irrelevant since 1971, when the U.S. finally reneged on its promise to convert U.S. dollars into gold for foreign countries. Nixon put a final end to the international gold standard, which was almost inevitable at that point.

Gold imports in India to decline under new norms

  • Gold imports to decrease consecutively for the third year as the India government keeps a limit on the shipments to support the currency and to prevent current-account deficit from further broadening.

Gold emerges best weekly performer amidst geo-political tensions: ETFS

  • ETF Securities Ltd (ETFS) in a weekly report said that gold rose 2% as investors took a more risk averse stance in the face of rising asset volatility.

India's Golden Politician:Pankaj Parakh

  • The shirt was designed in Nashik, 85 km away, and then created by jewelers in Mumbai, where a team of around 20 select artisans spent 3,200 hours over the past two months to 'stitch' it.
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