Latest News for: Gold consumers

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Here’s how small businesses can get funds with a Gold Loan

Hindustan Times 27 Mar 2023
A gold loan can be a great way for small businesses to manage their expenses ... 2 crore on offer, gold loans come with a fast approval process and flexible repayment options ... The calculator helps consumers to determine the loan amount depending on the weight and purity of their gold jewellery ... What makes gold loans a smart choice for borrowers?.
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UAE: Are gold, bonds best bets for investors amid global market turmoil?

Khaleejtimes 27 Mar 2023
Is gold the best bet? ... He said the “mood” of the market, its sentiment, is now negative and gold is an asset to consider to protect the investment portfolio ... Gold prices have surged this year, outperforming all other asset classes ... However, it is a fact that higher price adds more confidence in the minds of consumers for gold,” he said.
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Gold’s record run is keeping buyers away

Moneycontrol 27 Mar 2023
Gold futures in the second-biggest consumer jumped to a record 60,455 rupees ($734) per 10 grams last week. .
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US bank trouble heralds end of dollar reserve system

Asiatimes 25 Mar 2023
But the era of dollar-based reserves and floating exchange rates that began on August 15, 1971, when the US severed the link between the dollar and gold, is coming to an end ... Now at an all-time record price of US$2,000 an ounce, gold is likely to rise further ... Starting in 2022, however, gold rose while the price of TIPS fell.
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Trading at a discount of 49% from 52-week-high, consumer durable stock approves stock split

Live Mint 25 Mar 2023
Radhika Jeweltech Ltd is a small-cap company with a market capitalization of ₹348.10 Cr that operates in the consumer discretionary sector. Radhika Jewellers is dedicated to manufacturing the purest gold and genuine diamond jewellery ... 10/- (Rupees Ten only) fully paid-up, be sub-divided into 5 (Five) equity shares having face value of Rs.
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Under UAE CEPA deal, India should consider cutting gold import duty by another 1%: Malabar’s Chairman

Gulf News 24 Mar 2023
India's gold consumers not affected by hallmark change - but jewellery retailers must meet April 1 deadline India. Hallmark with 6-digit code must for gold jewellery, artefacts from April 1 At $1,810/ounce, ... (Indian consumers holding gold is not affected by the hallmark changes.).
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We expect another 25 basis points rate hike in the month of May: G Chandrashekhar

The Times of India 24 Mar 2023
All this is going to be somewhat not supportive for gold in my view in the short term ... And therefore, when world's two largest economies, which are very large importers and consumers of gold, slow down their purchases, they are not able to sell locally, jewellery or whatever, then obviously it will have an effect on international gold prices.
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Paramount Gold Takes Another Stride Forward to Permitting Grassy Mountain

The Roseburg News-Review 24 Mar 2023
... of silver, gold and other metals; prices for key mining supplies, including labor costs and consumables, remaining consistent with current expectations; work meeting expectations and being consistent with estimates and plant, equipment and processes operating as anticipated.
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Swiss gold exports to China, India rebounded in Feb as prices fell

Arab News 21 Mar 2023
Switzerland's exports of gold to China and India rebounded in February as bullion prices fell, Swiss customs data showed on Tuesday ... It sent 25.6 tons of gold ... China and India are the world's largest gold consumer markets and their demand often rises when gold prices are falling.
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Global Pearls Driving Market Size & Share Rise From $10.5 Billion to $25 Billion by ...

Victoria Advocate 21 Mar 2023
It is also highly durable and one of the best metals to compliments the look of pearls going as far as enhancing their appearanceFurthermore, gold, in general, has a high consumer database and most people prefer to invest in jewelry as assets.Gold is also available in different ...
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Why 2 major LA Metro rail projects were denied funding by California transit agency

The Press Enterprise 21 Mar 2023
Crews construct walls for future Pomona station platform of the L (formerly Gold) Line on Feb ... (photo courtesy of the Metro Foothill Gold Line Construction Authority) ... Metro’s top two priorities (ESFV line and Gold Line extension) would have consumed, and surpassed, the entire stated maximum SoCal investment capacity of $1.35 billion.
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Internal document tells why certain rail projects got state funding, others got shut out

LA Daily News 21 Mar 2023
Crews construct walls for future Pomona station platform of the L (formerly Gold) Line on Feb ... (photo courtesy of the Metro Foothill Gold Line Construction Authority) ... Metro’s top two priorities (ESFV line and Gold Line extension) would have consumed, and surpassed, the entire stated maximum SoCal investment capacity of $1.35 billion.
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Stable cedi, cheaper crude reasons for falling pump prices – ACEP

B & FT Online 20 Mar 2023
He said domestic consumers, just like others in net importing countries, are experiencing fuel price reductions, hence, the government’s claim that the gold-for-oil policy has brought about the fall in pump prices is not accurate ... Mahamudu Bawumia that the gold-for-oil barter is the reason for the falling prices ... Gold-for-oil policy.
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Why India\u2019s exports and imports have been contracting

Indian Express 20 Mar 2023
The disaggregated data shows that core-exports, which exclude exports of oil, gold and gems and jewellery, have continued to contract ... Core imports, which exclude oil, gold and gems and jewellery, have continued to contract. The data points towards a softening of imports of consumer and investment goods, indicative of weakening domestic demand ... .
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Bursa Malaysia opens lower on continued caution

Malaysian National News Agency 20 Mar 2023
It noted that the gold-related counters may gain momentum as turmoil in the US banking sector has brought interest to gold, spurring the commodity’s price. "Other defensive sectors such as the telecommunications, consumer staples, and healthcare sectors may shine amid the fragile sentiment in the market,” said Malacca Securities.

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