United States mines produced 17,400 kilograms (kg) of gold during January, a drop of 9% compare to a month earlier and slightly down from January 2014.
Author: BullionStreet Top Story
Zimbabwe Diamond Centre to process up to 700 stones daily
The diamond technology centre would house all diamond associates ranging from miners, diamond dealers, cutters and polishers, jewellers, financial institutions and government regulatory authorities.
China’s Gold production advances 14.7% in Q1
China’s gold consumption in the first quarter rose 1.14% from a year earlier to 326.68 tons.
India’s Gold production down 8% to 1.43 tons in FY15
India’s gold production was stood at 1.56 tons in 2013-14 financial year.
US Silver production declines 11% m m in January Imports up by 25% m m
United States silver production declined by 7% year-on-year to 89, 100 kilograms in January and also down 11% compare to December 2014 production of 99, 900 kilograms. However, United States total silver imports advanced to 566, 000 kilograms in Januar…
Russia’s Polyus Gold sees production drop in Q1
In the first quarter, Polyus sold 390,000 ounces of gold from its continuing operations, up 14% from a year earlier, but down 18% from the previous quarter.
India’s March polished Diamond exports down 10.37% Y Y
For the period of April 2014 to March 2015, polished diamond exports totalled $23160.18 million, registering a decline of 5.46% year-on-year.
Investor’s demand in ETFs may support Gold Futures: HSBC
“The rise in gold holdings so far in April may be viewed as a sign of strength from longer-term investors. These investors are often viewed as having a buy and hold philosophy when compared to investors on the faster moving COMEX,” said HSBC. “A further build in gold-holdings in ETFs may help support prices, in our view.”
Bullion Capital announces liquidity deal with Finemetal Asia
Bullion Capital has announced a new partnership agreement with specialist liquidity provider, Finemetal Asia. The collaboration with Finemetal Asia is a significant step in Bullion Capital’s rapid global expansion since it launched a pioneering real-ti…
CME Group: May 2010 Wall Street flash crash was not caused by Futures market
“Nothing is more important to CME Group than the integrity of our marketplace. Following the Flash Crash on May 6, 2010, together with other regulators, we did a thorough analysis of all activity in our markets during the Flash Crash, and concluded – along with regulators – that the Flash Crash was not caused by the futures market,” said CME Group in a statement in response to the Navinder Singh Sarao case.