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- PRECIOUS-Gold heads for best week in four as stocks retreat - ReutersEconomic TimesPRECIOUS-Gold heads for best week in four as stocks retreatReuters"Given the extent of these outflows - equivalent to mine production from all of Africa and South America during the same period - that the gold price hasn't completely collapsed is testament to strong retail demand (for jewellery, coins and bars)," it ...Gold heads […]
- Yuan Gold Trade in Hong Kong Triples as Currency Gains Cut Risk - BloombergYuan Gold Trade in Hong Kong Triples as Currency Gains Cut RiskBloomberg“Yuan appreciation helps as jewelers who receive yuan from clients become more willing to buy gold bars in the currency to minimize exchange-rate risks,” Haywood Cheung, president of the society, said in a May 15 interview in Hong Kong. The yuan rose ...and more » […]
- The World's Central Banks Added To Their Gold Stockpiles Even As Prices ... - Business InsiderBusiness InsiderThe World's Central Banks Added To Their Gold Stockpiles Even As Prices ...Business Insider... that even before the events of April, the fundamentals of the gold market remain robust with; growing demand in India and China, central banks consistently adding gold to their reserves and strong buying of investment products such as gold bars […]
- How to buy gold this Akshaya Tritiya - Economic TimesEconomic TimesHow to buy gold this Akshaya TritiyaEconomic TimesEvery year, during the auspicious occasion of Akshaya Tritiya, there is a frenetic rush to jewellery shops to buy gold. Indians have been purchasing ornaments and coins on this day not just for religious purposes but also as a means to accumulating ...Brisk gold buying on lower pricesThe HinduAk […]
- This Akha Trij, Gujarat will buy 700 kg of gold! - Daily News & AnalysisThis Akha Trij, Gujarat will buy 700 kg of gold!Daily News & AnalysisApart from jewellery, customers are also buying gold bars and coins. Among them, 1gm, 2gm and 5gm denominations are seeing maximum demand. “Bullion, including bars and coins, will have 20% to 25% share of the total sales,” said Rajnikant Choksi, ...and more » […]
- State bank tightens control over trade of gold bars - VietNamNet BridgeState bank tightens control over trade of gold barsVietNamNet BridgeIn another move this week, the Viet Nam Gold Business Association proposed that the central bank provides loans to enterprises so that they can purchase gold at SBV gold bar auctions. Personal approval. According to the current regulations, credit ... […]
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