Artificial jewellery popular in SrinagarOctober 6th, 2009 SRINAGAR - People in Srinagar are buying artificial jewellery instead of gold jewellery as it gives them more variety and is cheaper. "The big sets that you buy you just dump the things in the lockers.
Poor families forced to extract gold from drainage in CoimbatoreSeptember 30th, 2009 COIMBATORE - About 500 poverty-stricken families in Coimbatore are engaged in eking out their living by extracting gold from the silt and sand of the urban drainage system. They have been in this profession for the past two decades.
Gold prices may touch Rs.18,000 per 10 gram: AssochamSeptember 13th, 2009 NEW DELHI - Gold prices may go up further during the forthcoming festive season to touch Rs.18,000 per 10 gram, according to the Associated Chambers of Commerce and Industry of India(Assocham). Gold has seen a huge build-up in the exchange traded funds (ETF) in the last few weeks and will gain further momentum in view of festive demand and low international production, Assocham said in a report.
Soaring gold prices worry Kerala jewelers, customersSeptember 10th, 2009 KOCHI - With gold prices soaring across the country, bullion merchants, jewellers and even customers are a worried lot in Kerala. The disappointment looms large particularly in the context of the ensuing festival season.
Century-old tea on sale in Hong KongAugust 13th, 2009 HONG KONG - A 109-year-old tea has gone on sale at Hong Kong's first international tea fair, a media report said Thursday. Just 10 grams of the pu-erh tea, which takes its name from Pu'er county in Yunnan province in south-west China, costs 8,000 Hong Kong dollars ($1,025), the South China Morning Post newspaper said.
Chinese man seeks Guinness recognition for hen's 201 gram egg!June 29th, 2009 NEW DELHI - A man is looking to catch the attention of Guinness World Records officials, believing his chicken may have broken a previous record with its large egg. Zhang Yinde, in Suiling, Heilongjiang province, has been storing the egg in his refrigerator.
German developing a vending machine that will dispense pieces of goldJune 18th, 2009 German developing gold dispensing vending machineBERLIN — It's a novel twist on the vending machine: in go the coins, out comes a nugget of gold. TG-Gold-Super-Markt, a company based in Reutlingen, southwestern Germany, is developing a machine to dispense pieces of gold as small as one gram in ornamental boxes for about euro30 ($42).
German develops vending machine to dispense goldJune 18th, 2009 German developing gold vending machineBERLIN — It's a novel twist on the vending machine: in go the coins, out comes a nugget of gold. TG-Gold-Super-Markt, a company based in Reutlingen, southwestern Germany, is developing a machine to dispense pieces of gold as small as one gram in ornamental boxes for about euro30 ($42).
Gold sale up 14 percent on Akshaya TritiyaApril 30th, 2009 MUMBAI - Gold sales across the country zoomed 14 percent in value terms April 27, this year's Akshaya Tritiya, compared to the auspicious day last year, the World Gold Council (WGC) announced here Thursday. Akshaya Tritiya is an auspicious day according to the Hindu calendar for buying long-term assets like gold and silver, including ornaments made of the same, diamond and other precious stones, and real estate.
Gold retains its glitter on Akshaya TritiyaApril 27th, 2009 NEW DELHI/MUMBAI/CHENNAI - Despite the high cost of the yellow metal and the slowdown, people bought gold jewellery in large numbers Monday on Akshaya Tritiya, considered an auspicious day in the Hindu calendar for buying long-term assets like gold, silver and real estate. Akshaya Tritiya falls on the third day of the bright half of the Hindu month of Baisakh (April-May), when the Sun and Moon are believed to be in exalted positions and are simultaneously at the peak of brightness, which happens only once every year.
People in Kerala begin buying gold on Akshaya TritiyaApril 27th, 2009 THIRUVANANTHAPURAM - People began buying gold jewellery from Monday morning here on the occasion of Akshaya Tritiya, considered an auspicious day in the Hindu calendar for buying long-term assets like gold, silver and real estate. 'Gold is the ultimate symbol of wealth and prosperity.
Gold loses glitter to diamondMarch 19th, 2009 CHENNAI - Gold has lost much of its glitter to diamond. Though considered auspicious for a family, gold prices have shot through the roof.
Lowering salt intake could could mean fewer heart attacks, deathsMarch 12th, 2009 WASHINGTON - For every gram of salt that Americans reduce in their daily diets, over 200,000 deaths and quarter million new heart disease cases could be averted over a decade, according to a new study. 'A very modest decrease in the amount of salt - hardly detectable in the taste of food - can have dramatic health benefits for the US,' said Kirsten Bibbins-Domingo, lead author of the study and an assistant professor of medicine and epidemiology, University of California, San Francisco (UC-SF).
Gold futures hover around record highMarch 3rd, 2009 MUMBAI - Gold was hovering around Rs.16,040 per 10 grams in intra-day trade Monday, an all-time trading price high, with consumers avoiding buying new gold and preferring to exchange old gold for new. Around 1:40 p.m., gold's April futures prices touched a high of Rs.15,968 per 10 grams at the Multi Commodity Exchange as the rupee continued to reign at over Rs.50 to the dollar.
Gold price reaches record highFebruary 16th, 2009 MUMBAI - Gold prices Tuesday zoomed Rs.360 to a record high of Rs.15,200 per ten grams in Indian bullion market on strong global cues and support from a weak rupee. The yellow metal continued its bull run at international markets also as investors kept buying gold amid worsening global economic outlook.
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