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Gold, silver recover on buying by jewellers, global cues

Author: unknown - Published 10-04-2015 16:23
Snapping its three-day losing streak, gold prices recovered by Rs 50 to Rs 26,800 per 10 grams at the bullion market today on increased buying by jewellers at prevailing levels amid a firm global trend.

Synthetic diamonds to be discussed at Second Dubai Diamond Conference

Author: unknown - Published 10-04-2015 09:16
Synthetic diamonds, a burning issue within the global diamond industry will be the topic of discussion at the Second Dubai Diamond Conference. The increase in lab-grown diamonds and their undisclosed mixing with natural diamonds over the past two years has raised much concern in the industry. The conference organisers believe an in-depth discussion by a panel of experts is critical in providing an analysis of the nature of the issue and how the diamond sector should respond to it.

Gold near one-week low as US rate hike bets boost dollar

Author: unknown - Published 10-04-2015 09:11
Gold hovered near a one-week trough on Friday and was set to snap a three-week rally, pressured by renewed expectations for a US rate hike this year despite recent soft economic data.

Diamond Detection and Resource Center opens in Surat

Author: unknown - Published 06-04-2015 07:04
Surat, a global hub for diamond cutting and polishing in India, recently also became a home to the Diamond Detection and Resource Center (DDRC) opened at the Indian Diamond Institute (IDI) located in the city. The DDRC was inaugurated by Gem & Jewellery Export Promotion Council (GJEPC) along with Indian Diamond Institute (IDI) on 3rd April, 2015.

India set to become rough diamond trading hub

Author: ritwick - Published 06-04-2015 05:34
The central government in the recently announced foreign trade policy (FTP) has mentioned a decision regarding the SNZs at Mumbai and Surat, says a report.

Gold perched at $1,200 ahead of US jobs report

Author: unknown - Published 03-04-2015 11:00
Gold held its grip on $1,200 an ounce in holiday-thinned trading on Friday ahead of a crucial US jobs report that will provide clues on when the Federal Reserve will hike interest rates.

Gold edges up as dollar slips

Author: unknown - Published 01-04-2015 11:06
Gold kicked off April by climbing on Wednesday as the dollar retreated, but expectations that the Federal Reserve is on course to lift interest rates this year capped the bullion’s gains.

Gold futures up at Rs. 26,325 per 10 gm

Author: unknown - Published 01-04-2015 11:04
Gold prices rose 0.21 per cent to Rs. 26,325 per 10 grams at the futures trade today as speculators created fresh positions, tracking a firm global trend.

Govt hikes import tariff on gold

Author: unknown - Published 01-04-2015 11:02
The government today raised import tariff value on gold to US$ 385 per 10 grams and silver to US$ 543 per kg, taking cues from firm global price trends.

Will you lend your gold to a bank?

Author: Rajalakshmi Nirmal - Published 29-03-2015 11:08
The Budget proposes to monetise the estimated 20,000 tonnes of gold lying with Indian households. Banks will now be allowed to take gold and pay interest on its value. At the end of the deposit term
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