Topic: Gold
What is HUID Number?
Hallmark Unique Identification (HUID) number is a unique 6-digit alphanumeric code consisting of numbers and letters. It is stamped manually on a piece of jewellery at the Assaying...
GoM approves e-way bill for intra-state gold movement
The Group of Finance Ministers has approved bringing the intra-state movement of gold within the ambit of the e-Way bill. However, the panel of ministers has left the...
NSE launches refiner standards for BIS standard Gold
On July 10, 2020, the National Stock Exchange (NSE) launched NSE refiner Standards for BIS Standard Gold. Highlights Under the new standards, NSE will accept gold bars produced... World Gold Council Report: 37% of Indian Women never bought gold
On May 27, 2020, the World Gold Council released its report on Retail Gold Insights: India Jewellery Report. According to the report, around 37% of Indian women never... Indonesia’s Gold Mining
9 people were killed in an illegal gold mine in West Sumatra province of Indonesia due to landslides. Gold in Indonesia Indonesia accounts for about 4% of global...
Gold Imports of 2019-20 dip by 8.86% narrowing Current Account Deficit to 143 billion USD
On March 16, 2020, the Commerce Ministry reported that the gold imports for the period April to February (2019-20) has reduced by 8.86% as compared to the previous...The Yanomami People
The ‘Dalai Lama of the Rainforest’ Davi Kopenawa of the Yanomami tribe called for world support to bring pressure on the Brazilian government to save the Amazonian forests....
Corona Virus hits Diamond Industry of Surat greatly
Workers in Diamond Industry of India, especially in the parts of Surat have been facing job losses and pay cuts as Corona Virus has hit exports to China....
World Gold Council report: RBI ranks 6th in buying gold abroad
The World Gold Council (WGC) recently released its report, “World Gold Outlook 2020”. The report says that gold has performed the best since 2010 in 2019. In 2019,...
