bullion markets

  1. Problem of Fake Gold Bars

    Problem of Fake Gold Bars
    You don’t need to be a conspiracy theorist to find this worrying: a 1kg gold bar, certified as 99.98% pure by XRF (X-ray fluorescence) tests, turns out to have been drilled out and largely replaced with tungsten. This bar was discovered only because it was 2 grams lighter than it ought to have been: the forgers failed to add quite...
  2. India Said to Plan Gold Policy Overhaul for $19 Billion Sector

    India Said to Plan Gold Policy Overhaul for $19 Billion Sector
    India, which vies with China as the world’s top consumer of bullion, is working on new policies to improve transparency and help expand its $19 billion gold jewelry industry, according to people with knowledge of the matter. The plans being worked out by the finance and commerce ministries along with industry groups should be finalized by the end of March...

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