Gold’s time to shine is not there yet

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Gold prices have fallen by around 18% since their all-time high of $2,074.88/troy ounce reached in August last year.The precious metal has been hovering around $1,700/troy ounce as rising bond yields have tempted investors to switch their bets since the past few weeks. Part of the reason for the waning interest in gold has been […]

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Jewellery demand expected to fall by 6-8% over high gold prices: ICRA

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Jewellery demand is expected to decline by 6-8 per cent in terms of volume following high gold prices and weak consumer demand in 2019-20, according to an ICRA report. “Overall, we expect the jewellery demand to be subdued in FY20 with expected volume de-growth of 6-8 per cent on the back of elevated gold prices and weak consumer demand, rating agency ICRA […]

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Centre revives plan to make hallmarking of gold jewellery mandatory; Gold and silver prices soar

The centre has revived its intention to make hallmarking mandatory for gold jewellery and plans to notify the regulation in WTO in a week time, a top official was quoted in a Press Trust of India report. Bureau of Indian Standards (BIS) Director General Surina Rajan, however, assured the jewellery traders that the process would be […]

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Gold prices expected to hit 5-year high in 2018 on geopolitical uncertainty

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Gold in 2018 will deliver its strongest annual price performance in five years, GFMS analysts forecast, as political uncertainty drives investment in bars and bullion-backed investment funds. The GFMS metals research team, a unit of Thomson Reuters, predicted gold would average $1,360 an ounce this year, up 8 per cent from 2017, with some short-term […]

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