By Kamal Bogoda The jewelry industry in Sri Lanka is reeling under the impact of a steep Value Added Tax (VAT) of 18% imposed on gold coins and locally manufactured jewelry from Jan 1, 2024, industry ...
Based on preliminary data, Indian gold demand was strong in 2024. It got a boost in July after the Indian government cut taxes on gold and silver imports by more than half, lowering duties from 15 ...
There is only so much gold to be mined and gold mining is not cheap. When gold demand outstrips gold supply, the price of gold goes up. The chief areas of gold demand are in gold jewelry. In 2017, 46% ...
There is only so much gold to be mined and gold mining is not cheap. When gold demand outstrips gold supply, the price of gold goes up. The chief areas of gold demand are in gold jewelry. In 2017, 46% ...
Gold prices remained broadly unchanged in Pakistan on Friday, according to data compiled by FXStreet. The price for Gold stood at 24,300.06 Pakistani Rupees (PKR) per gram, broadly stable compared ...
The 21K gold is not only purer but softer as well. 21K gold is specially used in jewelry. Also the word “Karat” and “Carat” are similar and use to measure the weight of metals like gold, diamond, and ...