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GOLD POINT POPULATION DECLINE
Jewellery retailers expect 22-28% growth in Q2 despite festive calendar shiftLeading jewellery retailers in India, such as Kalyan Jewellers and Titan, experienced substantial revenue growth in the latest quarter. Kal...
During World War I, zinc mining helped Rush, Arkansas, grow to 2,000 to 3,000 residents; by 1920, its population had fallen to 344, and mining ruins remain along the Buffalo RiverRush, Arkansas, experienced a boom during World War I, driven by high zinc demand which transformed it into a bustling mining hub. Essentia...
In the 1890s, a new gold process helped turn Mercur, Utah, into a boomtown of over 2,500; by 1913, the mine had closed, and the original townsite was abandoned, though mining later resumedIn the late 19th century, Mercur, Utah, became an influential mining hub fueled by new gold extraction methods, notably cyanide processing ...
In the 1930s, mining kept Gold Point, Nevada, at about 200 residents; by 1950, only 23 remained; and by 2011, just 7 people still lived there full time, year-roundGold Point, once a thriving mining community in Nevada, experienced significant population decline after mining operations ceased. The town...
In 1897, gold discoveries helped establish Ballarat near Death Valley, and its population reached 400 by 1898; today, adobe ruins remain after the mining boom fadedBallarat, founded in 1897 in the notorious Death Valley of California, flourished as a mining hub following the gold rush in the nearby Pan...
Canada may raise immigration levels as population growth hits lowest since WWIICanada's Immigration Minister Lena Diab has signalled a possible increase in immigration levels as population growth hits its lowest rate s...
India's forex reserves drop by $8.58 billion to $726.03 billion in week ended October 9: RBIIndia’s foreign exchange reserves fell by $8.578 billion to $726.027 billion in the week ended October 9, according to data released by the...
Beyond Titan and Kalyan: Analysts pick these jewellery stocks as potential market winners. Do you own any?As the festive season approaches, India's gems and jewellery sector braces itself for an influx of consumer demand. Analysts believe that s...
Government cuts duty drawback rates on gold, silver jewellery exportsThe government has announced a reduction in duty drawback rates for gold and silver jewellery exports. The rates for gold jewellery have de...
IIFL Finance Q2 profit nearly doubles to Rs 805 crore; AUM rises 38%IIFL Finance reported a significant increase in profit after tax for the quarter, rising to Rs 805 crore. This growth was attributed to str...
Global Market Today: Stock selloff extends to Asia as chip rout deepensMSCI Inc.’s Asia Pacific equities gauge dropped 1.5%, heading for a fourth straight decline, led by losses in South Korea, a bellwether for...
The story behind the Doomsday prediction: How scientists forecast the World would end on November 13, 2026In 1960, a scientific study predicted that the world population would reach infinity on November 13, 2026. The Austrian American physicist ...
Titan Jewellery CEO Arun Narayan bullish on festive demand, but watchful on rural trendsTitan Jewellery division CEO Arun Narayan expects a strong festive season, with Tanishq’s new Dhanteras collection, Adhyantara, catering to...
India’s gem and jewellery exports up 9.43% on-year in SeptemberIn September, India's gem and jewellery sector saw a notable rise in exports, driven by a robust appetite for studded gold jewellery and la...
India’s hidden gold chest is giving imported bullion a run for its moneySoaring gold prices are prompting Indians to exchange old jewellery for new designs this festive season rather than cut back on purchases. ...
Jewellery stocks ahead of festive season: Can Q2 deliver sustained growth amid rising rates, bond yields?Indian jewellery stocks present a mixed picture ahead of the festive season. Despite rising gold prices and macro headwinds, Q2 business up...
Gold prices rise to Rs 1.50 lakh/10g; silver gains ahead of US economic data. Key levels to trackGold and silver prices opened higher on MCX as investors awaited US inflation data for clues on the Federal Reserve’s rate outlook, while a...
Gold prices are sliding but China goes on a relentless buying spreeChina's People’s Bank has significantly increased gold reserves in September, marking its highest growth rate in three years. As demand for...
Gold prices rise Rs 1,500/10g; silver up Rs 3,100/kg ahead of US economic data, softer yields. Buy, sell or hold?Gold and silver prices gain on MCX as a weaker US dollar and easing Treasury yields support bullion. Investors assess inflation risks and t...
Gold nudges higher with inflation risks, Fed rate path in focusOn Friday, gold prices experienced a modest uptrend as investors weighed concerns about inflation alongside potential interest rate hikes b...