Precious Metals News

Gold Silver Platinum Kitco Eye on Equities Market Reports Jeweler Coin

DGCX Announced Launch of New Physical Gold Futures and Spot Gold Contracts

October 4th 2022

The gold delivered under the Spot Gold Contract will be of a fineness of 995.0 parts per thousand.

Metals Focus: Gold AISC Touched Fresh Peak in Q2 This Year

Several input costs such as labour, fuel, electricity and consumables have been on the rise, largely due to Covid-19 pandemic and supply chain disruptions.

Smuggled Gold and Silver Ornaments Worth Crores Seized

The ornaments were seized following failure by the persons to provide valid bill of purchase.

WGC: Central Bank Net Gold Buying Reduced by Half in August

Also, preliminary data published by the Qatar Central Bank indicates further addition of gold to its reserves in August this year.

WGC Report Focuses on Indian Retail Jewellery Landscape

One of the major developments has been the tremendous rise in chain stores, which have gained a lot of market share from stand-alone retailers.

WGC Highlights Thailand Gold Market Potentials

The gold investors in Thailand consider gold as a safe haven asset.

IBJA Urged Policy Change to Close Loophole in Gold Import Policy

As per the current notification, alloys that contain over 2% or more by weight of platinum could be treated as an alloy of platinum.

BSE Secured Final SEBI Nod to Launch Electronic Gold Receipts

The EGRs target both individual investor community as well as large commercial participants, the exchange press release noted.

Addition of Gold to Diversify Balanced Asset Portfolio

The low volatility of gold, in comparison with equities makes it a safe investment with minimum downside risks.

WGC Explains Why Gold Has Not Performed Better Despite High Inflation

The gold’s performance during the year amidst headwinds demonstrate its global appeal among investors.

DRI Seized Crores Worth Consignments of Smuggled Gold Bars

Further investigations revealed that two more consignments were despatched by the same consignor to the same consignee through the same logistics company.

Metals Focus Predicts Notable Decline in India Gold Sales

As compared with its earlier demand growth forecast of 7-8% for the year, it now expects the demand in 2022 to be little changed from the previous year.

WGC: Chinese Gold Price Premium Surged in August

The wholesale gold demand continued to climb higher.

BSF Thwarted Gold Smuggling Through International Border

According to BSF officials, three gold biscuits weighing approximately 348 grams were recovered from the accused.

Scrap Metal Prices

Scrap Gold (Hallmarked)		VIEW ALL
14ct Gold Scrap	946.73	0
18ct Gold Scrap	1213.76	0
22ct Gold Scrap	1482.40	0
9ct Gold Scrap	606.88	0
Scrap Gold (Non-Hallmarked)		VIEW ALL
14ct Gold Scrap	895.49	0
18ct Gold Scrap	1148.06	0
22ct Gold Scrap	1402.17	0
9ct Gold Scrap	574.03	0

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