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PRECIOUS METALS VAULTS
Digital gold players ramp up audits, vault checks to boost transparency amid regulatory scrutinyDigital gold providers are enhancing transparency with independent audits and vault checks, aiming to build trust as the sector serves 80 m...- L’Oréal adds Innovist to cart; HealthQuad's new fundHappy Friday! Personal care giant L’Oreal has acquired a majority stake in Innovist in India’s biggest D2C deal. This and more in today’s E...
- The safe keepers: Inside India's booming locker economyIndia’s locker economy is booming amid rising gold prices and household wealth. While banks remain the preferred repository, private vault ...
- 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...
- Bullion industry proposes plan to turn India's idle gold into working capitalIndia's gold imports are rising, prompting industry bodies to suggest ways to curb them. Proposals include recycling household gold and lim...
- Digital gold and silver players form self-regulatory body for greater consumer protectionIndia's digital precious metals industry has launched the Digital Precious Metals Assurance Council of India (DPMACI), a self-regulatory bo...
- Digital gold sector takes shine to govt’s formal framework signalIndia's burgeoning digital gold sector is on the cusp of formal regulation as the government explores an oversight framework. Fintech found...
- Tons of silver from US, China ease London spot market squeezeLarge flows of silver from the U.S. and China to London's spot market in the past week are easing a liquidity squeeze in the world's larges...
- Sold out in India, panic in London: How the silver market brokeA perfect storm of events, including a surge in Indian demand for silver during festival season and a boom in solar power, drained global i...
- How Singapore became the go-to gold bunker for the ultra-richGlobal uncertainties are rising. The world's wealthy are moving assets to Singapore. Singapore's stability attracts them. It offers politic...
- Has Donald Trump’s tariff scare made flying gold to New York cheaper than floating it? There is an unprecedented ripple effect in playGold dealers are flying gold bars from London to New York to capitalize on price disparities caused by President Trump's tariff threats. Ne...
- MMTC-PAMP India launches digital silverThe company, India's only London Bullion Market Association-accredited gold and silver refinery, is a joint venture between state-run MMTC ...
- Gold is heading east amid falling pricesLogistical issues combined with quirks of the market are making it difficult for traders to get enough bullion where it's wanted. As a resu...
- No golden touch: JPMorgan Chase's secrets are out, former employees accused of manipulating bullion marketJPMorgan holds tens of billions of dollars in gold in vaults in London, NY & Singapore.
- New currency in race to remake one of world's oldest marketsBitcoin, first instrument to use blockchain, has more than quadrupled in 2017.
- Silver futures tops Rs 47,000, climb Rs 1,614 on global cuesThe white metal for delivery in September too spurted by Rs 1,576 or 3.40 per cent to Rs 47,979 per kg in 2,707 lots.
- 266 kg gold missing from Kerala's Sree Padmanabhaswamy temple: Audit reportOf the 893.44kg of gold taken out from the temple for works only 627kg gold was replaced and the remaining 266kg is missing.
- 4,600 tonnes of gold kept hidden in UK bank's secret vaultsWith 197 billion pounds worth of gold stacked floor to ceiling, the Bank of England's high security vault is one of the most valuable rooms...
- As gold vaults, secure storage space runs outBarclays Capital is building a new vault, Brink's and Deutsche Bank may add more space and Perth Mint may expand for first time since 2003.
- Rs 50k cr worth treasure in Kerala templeReports said the value of the recoveries so far from vault A alone may exceed over Rs 50,000 crore. This doesn't take into account their an...
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