Canberra: The popularity of ‘Bitcoin’ among investors world over has prompted some main countries along with banks and some big financial institutions to make moves to start their own cryptocurrency. With this background, the largest ‘Gold Refinery’ in Australia, ‘Perth Mint’ has announced its own cryptocurrency. Richard Hayes, the chief executive of the ‘Perth Mint’ […]
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Rome: European Analysts have forecasted that the gold rates would surge to about 1,350 dollars by the end of the year due to geopolitical tensions and inflation. Analysts have drawn attention to the fact that the gold prices have risen by a staggering 12 percent within a period of four months from the start of […]
Read More »Gold Monetization Scheme- The scheme is designed to help you earn interest on your unused gold lying idle in bank lockers. The Gold Monetization Scheme is basically a new deposit tool to ensure mobilization of gold possessed by various families and institutions in India.
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Germany has fastened the process of retrieving gold which was sent to foreign countries after the World War 2. In the past three years, the Central Bank Of Germany has successfully managed to retrieve 642 tons of gold from US and France. In 2013, the German Government had announced a policy of keeping 50% of […]
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Mumbai: India’s gold purchase has seen a decline of 21% in gold purchase in the previous financial year. Despite being at worldwide leading position in the purchase of gold India purchased only 675.5 tons of gold in the year 2016. It has been clear that efforts taken for reducing gold imports, compulsion of PAN card […]
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Berlin : It has come to the fore that the leading bank of Germany, ‘Deutsche Bank’ has refused to deliver physical gold to its customers on demand. This news has caused a stir in Germany and claims are being made that the condition of the overall banking sector in Germany, including Deutsche Bank, is not […]
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On Wednesday 6th July gold hit its highest in more than two years, by virtue of uncertainty, drop in stock markets and slide in some bond yields to record lows after Britain’s vote to leave the European Union (Brexit). Post the rise, gold rates having reached to $ 1367.104 per troy ounce (31.10 g) is […]
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A report published by World Gold Council few days back states investments in Gold as commodity on international level are soaring. It declares gold as the best investment option. Gold prices have soared by almost 20% in last few months as stated in WGC’s report. Analysts estimate prices may remain stable in the future. US […]
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Moscow/Riyadh/London – The crude oil price has seen a jump after the leading countries of the oil sector, Russia and Saudi Arabia, announced to cut fuel production. On Tuesday, crude oil price crossed the $90 mark per barrel, the highest since November 2022. Analysts have estimated, on the backdrop of this increase, that crude oil […]
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