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GOLD INDUSTRY ACCREDITATION
ICAI signs MoU with IAGES to strengthen accreditation in gold industryThe Institute of Chartered Accountants of India (ICAI) and the Indian Association of Gold Excellence and Standards (IAGES) have partnered t...
Indian gold industry forms self-regulatory body with WGC backingThe World Gold Council (WGC) has collaborated with India's gold industry to establish the Indian Association for Gold Excellence and Standa...
First delivery day of MCX gold contracts with April expiry sees record 6-year high single day volumeSignificantly, MCX saw delivery of 190 kg in the form of locally refined gold 100 gram bars in the MCX gold mini (100 gram) April contract....
Supply-side issues: Though Indians have huge appetite for gold, organised refiners are finding the going toughRaw material supply is the biggest curse in the gold refining business. The 30-odd accredited gold refineries in India battle it out every ...
India gets its own gold reference standardSources at IGM told ET that the gold reference standard has been verified by the Perth Mint in Australia.
Govt may bring in new gold bourse rules in NovemberThe new exchange is one of govt's plans to use to help overhaul a fragmented jewelry industry
MMTC Venture finds refining at Swiss unit cheaperThe company has diverted four tonnes of dore gold since the last week of July.
Gold refining picks up as smuggling falls after note banRefining activity has shot up 25% after March versus the same time last year, said James Jose, secretary, Association of Gold Refineries an...
Government accredited labs soon to hallmark precious stonesThe department has mooted a separate accreditation body for gemstones as many private labs claiming to certify these jewels have mushroomed...
Junagadh Agricultural University scientists find gold in Gir cow urineThe analysis of urine samples of 400 Gir cows done at the Food Testing Laboratory of JAU showed traces of gold ranging from three mg to 10 ...
Budget 2016 may result in closure of gold refining units in IndiaIn the budget the government has hiked the excise duty on dore gold (impure gold) from 8% to 8.75% and excise duty from 9% to 9.5%.
Banks, jewellers yet to participate in gold monetisation schemeBankers as well as jewellers said it will take some time to put necessary modalities like tripartite agreements in place to make it workabl...
Rajesh Exports in talks to pick up stake in Swiss gold refinery Valcambi for Rs 2,500 croreIn the fiscal year through March 2015, India’s gold imports were $34.3 billion, second only to crude and petroleum products’ net imports of...
NCDEX launches forward contracts to mobilise recycled goldThe new forward gold contracts will complement the government's proposed Gold Monetisation Scheme (GMS) and 'Make in India' programme.
India needs to bring gold reforms to raise gold recycling: WGCThis is the right time to bring in gold reforms in the country instead of putting on more curbs to curtail demand, WGC said.
Government should frame national gold policy; set up gold bourse: ReportThe government should also look at establishing a Gold Board for managing import-export, develop accredited refineries, drive gold monitisa...
Gold monetisation scheme will let you open gold accounts & earn interest in yellow metalAccording to the scheme, gold deposit will be treated just like a fixed deposit and the interest earned on it will be paid not in rupees bu...