Precious Metals News

Gold Kitco Silver Coin Platinum Jeweler Eye on Equities Market Reports

Gold ETF Assets Surged 27% in 2021

January 19th 2022

The gold ETFs witnessed inflows of INR 313 crore in the month of December 2021 alone.

GJEPC Urged Government to Reduce Gold Import Duty to 4%

The above proposals were raised as part of the trade body’s pre-budget recommendations.

Launch of India's First International Bullion Exchange Delayed Further

The exchange was initially expected to become operational in October last year, but it was postponed due to certain technical constraints.

World Gold Council Released Gold Outlook 2022

WGC noted that gold finished 2021 approximately 4% lower, closing the year at $1,806 per ounce.

GJEPC: Gold Hallmarking Witnessed Significant Traction

Furthermore, GJEPC noted that 80% of the hallmarked jewellery was 22-karat.

Latest Series of Gold Bond Scheme Now Open for Subscription

It must be noted that the issue price for Series VIII, which was open for subscription from 29th November to 3rd December, 2021, was INR 4,791 per gram.

World Gold Council: SPDR Gold Shares Drove ETF Outflows in 2021

The funds listed in Asia reported net inflows of 25.4t.

WGC: North American ETFs Led Net Gold Outflows in 2021

The net outflows were mainly driven by North American funds, which registered net outflows of nearly 200t during the entire year.

DGCX Total Traded Value Surpassed $150 Billion

The DGCX trading remained robust in December 2021.

Perth Mint Gold Sales Hit Highest Level in a Decade

The sales hit the lowest monthly levels since August 2021.

Victoria Gold Posted New Gold Output Record in 2021

The mining rate for the quarter was 62,000 tonnes per day, down significantly from 76,000 tonnes per day in Q3 2021.

Bitcoin to Eat Into Gold’s Market Share This Year

The bitcoin had hit a peak of $69,000 in November this year, after registering sharp decline in early-December 2021.

India’s Gold Import Tonnage Doubled in 2021

The total spending by the country on gold imports amounted to $55.7 billion in 2021.

SEBI Notified Regulations on Setting Up Gold Exchange

The vault managers are required to make an application to the regulator for grant of a certificate of registration.

Scrap Metal Prices

Scrap Gold (Hallmarked)		VIEW ALL
14ct Gold Scrap	1031.19	0
18ct Gold Scrap	1322.04	0
22ct Gold Scrap	1614.66	0
9ct Gold Scrap	661.02	0
Scrap Gold (Non-Hallmarked)		VIEW ALL
14ct Gold Scrap	975.38	0
18ct Gold Scrap	1250.49	0
22ct Gold Scrap	1527.27	0
9ct Gold Scrap	625.24	0

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