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VAT Refund Offer Triggers Gold Rush in Bahrain

VAT Refund Offer Triggers Gold Rush in Bahrain

December 1st 2022
Expats in Bahrain are not eligible for VAT refund as the decision is mainly taken to encourage purchases by tourists.
India May Consider Gold for Capital Gains Tax

India May Consider Gold for Capital Gains Tax

India may look at the reclassification of certain assets, such as gold.
Trader Duped by Seniors in ‘Marcos Gold’ Investment

Trader Duped by Seniors in ‘Marcos Gold’ Investment

Their repeated demands for more money also added to his doubts about the deal.
Ghana Reached Barter Agreement to Swap Gold for Fuel

Ghana Reached Barter Agreement to Swap Gold for Fuel

Ghana stated that it is open to enter into a barter agreement with interested international oil trading companies.
WGC Spotlights Contributions by its Members to Local Economies

WGC Spotlights Contributions by its Members to Local Economies

In 2021, the WGC members operated in as many as 37 countries across the globe, employing close to 250,000 direct employees and roughly 140,000 direct contractor employees.
Nigeria Ponders Legislation to Crack Down Plastic Pollution

Nigeria Ponders Legislation to Crack Down Plastic Pollution

The proposed legislation will ensure inclusion of a circular economy and climate awareness modules in the education criteria at various levels.
Gold Imports Dipped Significantly in India During April-October ‘22

Gold Imports Dipped Significantly in India During April-October ‘22

The Commerce Ministry data indicate that silver imports too recorded notable decline in October 2022, falling by almost 35% to USD 585 million.
Four Members of Family Arrested in Fake Gold-Selling Racket

Four Members of Family Arrested in Fake Gold-Selling Racket

After the FIR was registered, the cops traced the mobile locations of the accused to Titwala.
China Thought to be Stockpiling Gold to Cut Greenback Dependence

China Thought to be Stockpiling Gold to Cut Greenback Dependence

That is equivalent to 7 kilogrammes for every person on Earth; a number predicted to double by 2050 if nothing is done.
DGCX Announced Launch of SAM Precious Metals Trading

DGCX Announced Launch of SAM Precious Metals Trading

The partnership with SPM will help to drive UAE market volumes and further cement its position as a leading regional trading hub, especially for gold and silver, he added.
National Stock Exchange to Introduce Electronic Gold Receipts Shortly

National Stock Exchange to Introduce Electronic Gold Receipts Shortly

The BSE in February received in-principle approval from Sebi, after which the exchange conducted several mock trading in the test environment for its members to facilitate trading in EGRs.
One Gold Rate All Over the Country to Ensure Transparency

One Gold Rate All Over the Country to Ensure Transparency

The jewellers in other states are too expected to follow suit, said industry analysts.
WGC: Gold Retail Demand Witnessed Huge Boost in India

WGC: Gold Retail Demand Witnessed Huge Boost in India

The India gold ETFs witnessed net inflow of 0.7t in October, registering second straight month of inflow.
WGC: Gold’s Appeal as Value Asset to Trigger Local Demand

WGC: Gold’s Appeal as Value Asset to Trigger Local Demand

The Chinese gold ETFs witnessed outflow of 6 tonnes during the month.

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