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Gold Jewelery

Reliance Gold & WGC to launch gold buying plan for consumers

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Reliance Gold, with World Gold Council as its marketing associate, is offering the ‘My Gold Plan’. This is a simple and accessible way for retail customers to buy gold. This plan helps the customer accumulate gold in small quantities on a monthly basis, based on a daily average pricing. The accumulated gold can be redeemed in the form of jewellery ... Read More »

Avadh collection by lsha Katoria

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The `Avadh’ collection by the designer offers both contemporary and tradition designs in silver. The gold polished earrings studded with pearls and kundan comes with the price tag of Rs 6,000. The other pieces of the collection also offer semi precious stones like onyx and turquoise, and corals. Read More »

The 9th India International Gold Convention: Focus on gold price volatility

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The 9th India International Gold I Convention held at Hyderabad International Convention Centre (HICC), Hyderabad witnessed over 480 delegates from India and abroad. Dr.Anup Pujari, AS, Director General of Foreign Trade, inaugurated the event, followed by keynote address from Philip Klapwijk, GEMS Thomson Reuters, on ‘understanding volatility in gold and silver and ways to deal with it. Some of the ... Read More »

India Unlikely to Raise Gold Duty Again: Chidambaram

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Finance Minister P Chidambaram suggested on Tuesday that the government is unlikely to raise the import tax on gold further to avoid gold smuggling and would instead introduce inflationindexed instruments to help curb a record current account deficit. In January, India raised the import tax on gold to six per cent to curb purchases. Its passion for gold, seen by ... Read More »

Gold headed for Worst Quarterly Run Since 2001

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Gold headed for a second quarterly.- loss as holdings in exchange-traded products jETPs ) fell by the most on record and the dollar climbed on prospects for a US recovery, eroding the s allure as an alternative investment. Bullion for immediate delivery traded little changed at US$1,605.97 an ounce at 10:48 am in Seoul from USS1,605.25 yesterday. Prices have fallen ... Read More »

Muthoot fincorp Launches New Mobile App To Store jewellery Virtually

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Consumers of gold would be able to store all of their gold jewellery at one place virtuallyand assess its current value, courtesy a unique android based mobile application – My Jewel Box, developed by one of the leading gold loan companies – Muthoot  Fincorp. Thomas George Muthoot, director – Muthoot Pappachan Group said: “The app is a very tech-savvy option ... Read More »

High Indian Gold Imports Push up CAD

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India’s current account deficit hit a record high of 6.7 percent of GDP in Q3, according to the latest release by the Reserve Bank of India. This is up from 5.4 percent of GDP the previous quarter. While exports didn’t register _ any significant growth , imports were up 9.4 percent driven by imports of gold and oil. The central ... Read More »

Import Duty Hike May Hamper Gold Demand In India

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Gold is likely to lose its appeal if the government continues hiking the import duty on the yellow metal. Expressing their discontentment over the reports that the government might hike the duty to five per cent from four per cent, jewellery traders and retailers say that it will have serious implications such as illegal trading and rise in prices. The ... Read More »