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    Pakistani rupee plunges to record low against US dollar; gold price hits Rs240,000

    Pakistani rupee plunges to record low against US dollar; gold price hits Rs240,000

    11 May 2023

    Gulf Today Report The Pakistani rupee slumped to a record low of Rs298 against the US dollar amid political tumult in the wake of clashes that broke out in...

    Canadian police investigating C$20 million gold heist at Toronto airport

    Canadian police investigating C$20 million gold heist at Toronto airport

    21 Apr 2023

    Canadian police are investigating the theft of a C$20 million ($14.84 million) cargo of gold and other valuables that was stolen from a holding facility at Toronto Pearson International...

    Nepalese winner receives early Eid gift of Dhs20 million from Mahzooz

    Nepalese winner receives early Eid gift of Dhs20 million from Mahzooz

    19 Apr 2023

    Eid this year is certainly an unforgettable occasion for the Nepalese receptionist, as luck sided with Mahzooz to award him a massive Dhs20,000,000 top prize. The leading UAE weekly...

    Britain’s Royal Mint offers gold bars with the image of the Holy Kaaba

    Britain’s Royal Mint offers gold bars with the image of the Holy Kaaba

    18 Mar 2023

    Gulf Today Report Coinciding with the holy month of Ramadan, the British Royal Mint issued a gold ingot bearing the image of the Holy Kaaba. The ingot issued by...

    UAE accounts for a quarter of the regional demand for gold with 55.3 tonnes in 2022

    UAE accounts for a quarter of the regional demand for gold with 55.3 tonnes in 2022

    01 Feb 2023

    Gulf Today, Staff Reporter Data from the World Gold Council showed that consumer demand for gold in the UAE increased by 33% to 55.3 tonnes in 2022 compared to...

    India’s gem and jewellery exports up by 8.26 per cent

    India’s gem and jewellery exports up by 8.26 per cent

    09 Jan 2023

    The UAE-India Comprehensive Economic Partnership Agreement (CEPA) helped achieve an increase in India’s gem and jewellery exports in this financial year by 8.26 per cent, according to Vipul Shah, Chairman...

    Gold set for 2nd straight yearly drop

    Gold set for 2nd straight yearly drop

    30 Dec 2022

    Gold prices firmed on Friday, but were headed for a second consecutive yearly loss as aggressive rate hikes by the US Federal Reserve dented the non-yielding bullion’s appeal. Spot gold...

    Gold prices edge higher as weaker dollar lifts appeal

    Gold prices edge higher as weaker dollar lifts appeal

    20 Dec 2022

    Gold prices ticked higher on Monday as a tepid dollar made bullion less expensive for overseas buyers, although the prospects of further interest rate hikes by the US Federal Reserve...

    India gold seizures hit three-year high after import duty increase

    India gold seizures hit three-year high after import duty increase

    12 Dec 2022

    Seizures of smuggled gold in India reached a three-year high this year after the government raised the import duty on the precious metal and international flights resumed following COVID-19...

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    Hide your pin number: India ATM now dispenses gold coins

    08 Dec 2022

    From the outside, it looks just like a regular cash dispenser, but this is India's first ever "gold ATM," delivering gold coins at the click of a button in...

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