Indian gold imports and premiums could spike after the country’s main jewellery federation reached an agreement with the government over newly imposed taxes following an 18-day strike. Previously, the All India Gems and Jewellery Trade Federation (GJF) had opposed a one-percent tax on gold jewellery sales, arguing that many small-scale jewellers would be adversely affected because … Read More →
ABC Refinery, the refinery division of Pallion, was appointed to The London Bullion Market Association’s (LBMA) Good Delivery list for gold. ABC Refinery’s appointment to this exclusive list is a testament to its ability to refine and produce gold products to LBMA level, universally regarded as the highest international standard. LBMA accreditation is given only … Read More →
A Chinese jewellery store sold 100,000 pieces of gold jewellery worth US$31 million during the Chinese Lunar New Year Golden Week. According to a xinhuanet.com report, Caishikou Department Store recorded a sales volume of RMB$200 million (US$31 million) during the seven-day Chinese New Year holidays, the last of which coincided with a global Valentine’s Day … Read More →