Gold prices fell 1 per cent on Tuesday as investors chose to pocket profits after the metal hit a seven-year high in the previous session, although growing fears over a spike in new coronavirus cases outside of China capped bullion’s losses. FUNDAMENTALS Spot gold was down 0.7 per cent to $1,649.49 per ounce by 0132 …
After two decades of painstaking research, the Uttar Pradesh Directorate of Geology and the Mining and Geological Survey of India have discovered two goldmines — one each at Son Pahadi and Hardi village — in the state that could collectively possess 3,350 tons of gold ore. The gold deposits together could be five times that …
The lack of awareness among jewellers in understanding the hallmarking law is key to its slow progress. Also, some jewellers feel that piece-wise inventory will be required to be kept in mandatory hallmarking regime, but the fact is that description of each piece sold is only to be given while making invoice for the customer. …
