Gold Silver Reports – The head of Randgold Resources Ltd. says the rebound in bullion prices this year could be doing more harm than good for the companies that produce the precious metal.
Silver
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Jewelers Shops Close in Mumbai’s Zaveri Bazaar, Excise Tax Protest
Gold Silver Reports – Jewelry shops across India, the world’s biggest market after China, will shutter for three days starting Wednesday in a bid to reverse plans by Prime Minister Narendra Modi to impose a 1 percent excise duty, according to the All India Gems & Jewellery Trade Federation.
Gold Biggest Comeback is Dominating 2016
Gold Silver Reports → The precious metal is the year’s best-performing major asset. Its 15 percent gain is topping gauges of high-yield and investment grade bonds, Treasuries, all currencies and major stock indexes in developing and emerging countries.
India, China Demand Key Factor ETF Inflows Boost Gold
Gold Silver Reports ~ Gold has recouped the ground it lost during previous session aided by weaker equities and inflows into Exchange Traded Funds(ETF). Gold surged by around 1 per cent on Tuesday as oil and equities fell.
Vedanta Ltd Win India’s First-ever Auction of a Gold Mine
Gold Silver Reports – Vedanta Ltd has won India’s first-ever auction of a Gold mine, a state government official said, as the nation opens up the sector to private companies to curb overseas purchases of the metal that cost it $36 billion last year.
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