When the silver inventories are high—suggestive of depleting demand from industry qu...
In New Delhi's case, it is the U.S. and EU-led sanctions rather than any willingness on In.. 
In a very general sense, the producers will benefit much more quickly from a rebound in th.. 
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- Base metals, Oil may trade higher on US data; Gold, Silver to be negative
- Spot gold prices declined around 0.5 percent today on the back of upbeat global markets which led to fall in safe haven appeal for the commodity. Further, strength in the US Dollar Index (DX) added downside pressure on prices.
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Consumer price inflation in the U.S. rose for the first time in three months in May, while prices..
By Col. Ajay
As per financial astrology, transit OD Sun in Saturn house is ..
MUMBAI (Commodity Online): India's jewellery and gems exports crashed by a double digit 17% in March, latest data from the country's Gems and Jewellery Export Promotion Council (GJEPC) shows.
Total exports in March 2012 stood at Rs 22,755.81 Crore, down 17.69% Year on Year compared to Rs 27,649.18 Crore exports in March 2011.
Rajiv Jain, Chairman of GJPEC estimates that the sector is likely to witness 10-15% growth in coming months. “But in diamond jewellery, we have to revisit our earlier estimate of 10 per cent as the trading has come down by 30 per cent due to the two per cent import duty on polished diamonds. We will give our revised estimates after discussing it with the diamond panel”, The Hindu Business Line quotes the Chairman.
For the fiscal year 2011/2012, exports rose by 4.64% to Rs 2,04,823.66 Crore compared to Rs 1,28,514.06 Crore in 2010/2011. Exports of cut and polished diamonds declined by 13.64% while coloured gemstone exports saw an increase of 15.40%. Gold jewellery exports also posted a gain of 10.04%
