Gold prices continued its record-breaking journey globally and locally as retail prices touched a lifetime high in the UAE on Monday.Retail gold prices in the country for 24-carat gold touched Dh226.25 per gramme in the morning while it return to Dh225 per gramme in the evening at 1930pm (local time), according to the Dubai Gold and Jewellery Group.Similarly, prices of 22-carat touched Dh213 per gramme...
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among the buyers, however, many of them are returning barehanded as small time gold traders are refusing to sell anticipating rise inweek, the price of fine gold (24 carat) and jewellery gold (22 carat) have fallen from Rs 30,000 and Rs 29,500 to Rs 26,800 and Rs 25,000, respectively for every 10 gms. If it has encouraged families and investors to buy in bulk, the traders are also seeing this opportunity...
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Birmingham store is selling an 18 carat gold bra encrusted with over 500 carats of diamonds for a whopping 1 million...
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The warning came from none other than legal metrology department officials, who recently stumbled upon startling methods used byDuring a recent raid at a jewellery store in Himayatnagar, officials found that shopkeepers were charging customers for 22 carat gold even as they were selling ornaments made of 18 carat purity. This meant that customers were paying Rs 500 extra on each gram of gold. Also,...
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beauty secret worth its weight in gold: New cream contains 23 carat of the precious metalGilded beauty: The Hydration Gold treatment, pictured contains particles of 23 carat goldAccording to scientists, using the precious metal on the skin can slow the ageing process and brighten the complexion.And now a new treatment which contains particles of 23 carat gold claims to bring the benefits to the high...
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may have dampened the mood of investors but jazzed up the buyers who are now making a beeline at jewellery stores. Traders which have lost on most of theirdue to the slump in the past few days too are expecting better footfall leading to higher volume sales.The price of gold (22 carat), which was hovering around Rs 2,765 per gram on Monday morning, plunged to Rs 2,630 per gram on Tuesday. Closing rates...
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another weak quarter for the European markets. Gold jewellery demand in Italy and the UK fell by 22% and 15%resh record highs in the Gold price combined with a very fragile European economic scenario served to weaken demand for gold jewellery, with demand all but seizing up for all jewellery, reflecting the severity of domestic economic conditions.across the carat spectrum, with the exception of pure...
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India Post is offering a six percent discount on gold coins on the occasion of"You are entitled to a flat discount on the purchase of gold coins of any denomination. The coins are available in denominations of 0.5, 1, 5, 8, 10, 20 and 50 gm of 24 carat with 99.99 percent purity," the ministry of communications and IT said in a statement.Currently, 10 gram of gold is priced at Rs 28,000, compared to...
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18-carat gold statue of Kate Moss in a provocative yoga pose has been sold for 577,250 pounds at Sothebys....
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22-carat dictator: Robert Mugabe has gold coins minted to celebrate his 89th birthday in poverty-stricken ZimbabweZimbabwe is one of the poorest country's on Earth, but clearly despot Robert Mugabe doesn't seem to care on his 89th birthday.The president celebrated it by immortalising himself in freshly minted gold coins and held a lavish party with a giant cake.Guests, including his wife, first lady...
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