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MUMBAI: A pullback in domestic prices failed to revive physical gold demand in India this week, with jewellers banking on the upcoming wedding and festive season, while top consumer China saw an uptick in buying.
IF you had bought a gold chain or bangle two decades ago, the value of that piece of jewellery would have appreciated multi-fold by now, as gold was then trading at only RM989 an ounce.
MUMBAI: India is moving closer towards setting up spot contracts for gold, finalising rules for trading and providing the world’s second-biggest consumer a firmer grasp over setting the price of bullion.
Maybank Islamic Gold Account-i (MIGA-i), will allow customers to open account, buy and sell gold, and transfer gold, all conveniently online via Maybank’s online banking channel, Maybank2u.
NEW DELHI: Gold price’s slump to near a nine-month low is drawing jewellery shoppers in Asia to hunt for bargains.
ETFs offer attractive opportunities but misconceptions hinder the sector’s growth
KUALA LUMPUR: The gold futures on Bursa Malaysia Derivatives is expected to trend higher this week on improved demand for the precious metal.
BERLIN, Jan. 5 (Xinhua) -- Investors' gold holdings at Deutsche Boerse, the Frankfurt-based marketplace organizer for the trading of shares and other securities, went up by almost 7 percent year-on-year and stood at 216.9 tonnes at the end of last year, the German company said on Tuesday.
Singapore gold market impacted by Malaysia, Indonesia, other shut borders