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MELTED GOLD
Think your gold jewellery is a safety net? A CA says you could lose lakhs when selling itIndian families often see gold jewellery as a financial safety net, but Chartered Accountant Nitin Kaushik warns this can be a costly misco...- Advit Jewels announces price band for its IPO opening on June 23. Check detailsAdvit Jewels, a Jaipur-based jewellery maker, has announced its Initial Public Offering. The price band is set between Rs 130 and Rs 138 pe...
- Fashion to Furnace: Some luxury gold watches fail the test of timeLuxury watches like Omega Constellation are being melted for gold. High gold prices make metal value exceed resale worth. This impacts used...
- Ancient squirrels ate meat like 'zombies,' and the proof is in the poopFrozen ancient squirrel feces from Canada's Yukon have revealed a lost Ice Age world. These coprolites, dating back up to 700,000 years, co...
- Saudi Arabia’s Diriyah Hajj route treasure: 1,200-year-old Abbasid-era gold, silver gemstone-studded jewellery shock archaeologistsA significant archaeological find in Saudi Arabia's Al-Qassim region has unearthed a ceramic jar containing over 100 pieces of gold, silver...
- Want to exchange old gold for new jewellery? Beware of these taxesIndians exchanging old gold for new should be aware of potential taxes on sales and purchases. The Income Tax Department monitors high-valu...
- India’s gold import problem may already have a solution at homeIndia's massive gold imports are prompting a shift in consumer behaviour. Families are now exchanging old jewellery, unlocking dormant valu...
- Modi wants Indians to press pause on gold. But the $5.2 trillion obsession runs deepIndia’s attempt to protect the rupee is now colliding with one of the country’s strongest cultural habits — buying gold. After Prime Minist...
- Gold recycling schemes on the rise after gold prices move up: How your old jewellery is evaluated and what price you getRising import duty and PM Narendra Modi’s appeal to delay purchases have pushed jewellery brands like Kalyan Jewellers and Malabar Gold & D...
- Quote of the Day by Eleanor Roosevelt: ‘Happiness is not a goal...it's a by-product of a life well lived’ – Wisdom from longest-serving First Lady of USAEleanor Roosevelt's wisdom suggests happiness isn't a goal to be chased, but a natural byproduct of a life lived with purpose, kindness, an...
- Quote of the Day by Ali Ibn Abi Talib: 'A brother is like gold and a friend is like diamond; if gold crack you can melt it and...' – a lesson on relationship and trustQuote of the Day by Ali Ibn Abi Talib: A quote from Ali ibn Abi Talib compares family bonds to gold, which can be reshaped after damage, an...
- Mumbai airport: 30 kg gold worth Rs 38 crore caught by customs from 24 women. Here's how they concealed gold bars and jewelleryThe Directorate of Revenue Intelligence (DRI) seized 29.37 kg of gold worth Rs 37.74 crore and arrested 24 carriers at Mumbai Airport. This...
- Gold remains solid at temperatures hotter than the Sun's surface, defying decades of physics theory and shattering established melting limitsResearchers achieved a breakthrough by superheating gold. They raised its temperature to 19,000 kelvins without melting it. This challenges...
- TN govt melts 1,000 kg temple gold, earns Rs 17.81 cr annual interestOver 1,000 kg of unused gold articles donated to 21 temples in Tamil Nadu were melted into 24-carat bars and deposited in banks, generating...
- Augmont Gold enters 'sell old Gold' businessIt is the first corporate mover in the direction, and aims to provide a fully transparent and digital process for the customers, acknowledg...
- New gold hallmarking rule silent on antique jewellery: Gold tradersThe rule that came into effect on June 15 requires old gold to be melted and remade before it is resold. Leading jewellers and gold trade e...
- Now gold to melt your flab away!Nanoparticles of the metal will likely be used for liposuction
- Gold Monetisation Scheme receives a warm welcomeIt would allow people to deposit gold with banks and redeem it at the end of the tenure at the price prevailing then.
- Purity of gold a big concern for jewellersAfter detecting presence of platinum group metals in certain 24-carat gold bars imported from a few Middle Eastern countries, a leading jew...
- Gold melts with $ in driver's seatGold’s bull run came to an end abruptly on Tuesday when the metal lost more than 2% across the board on panic selling.
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