Gold Down on Fed Rate Hike Expectations

Gold Down on Fed Rate Hike Expectations

Gold Silver Reports — Gold Down on Fed Rate Hike Expectations — Gold hit a more than four-week low on Tuesday as the dollar strengthened and expectations for a U.S. interest rate hike this month weighed, though moves were muted ahead of key U.S. data this week.

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Gold Jewellery Exports to UAE Halve So Far This Year

Gold Jewellery Exports to UAE Halve So Far This Year | Gold Silver Reports

Gold Silver Reports — India’s gold jewellery exports to the UAE have halved in the first two months of 2017 as the country has imposed a 5% import duty on gold jewellery. As a result, jewellers like Malabar Gold & Diamonds, Popley & Sons and others, who have a presence in the UAE, are ramping up their capacities there.

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