Friday , October 20 2017

Tag Archives: Gold

Kuwait 6th with 79 tons gold reserve

KUWAIT CITY, Aug 8: Kuwait ranked sixth among the Arab countries with approximately 79 tons of gold reserve. Recent statistics of the International Gold Council indicated the net purchases of gold by the central banks for April, May and June 2017 was 94.5 tons, indicating 20 percent increase compared to …

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McConaissance hits limits in ‘Gold’ – Baldwin ‘unfiltered’ Oscar-nominated documentary

The Reformation toppled the Renaissance but the decline of the McConaissance is harder to delineate. It was probably inevitable that Matthew McConaughey’s bold rebirth — that terrific run of “True Detective”, “Magic Mike,”, “The Wolf of Wall Street”, “Interstellar”, “Mud” and “Dallas Buyers Club” — would dissipate. Could it have …

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70 Kilo of gold theft from armored truck in France; 4 on the run

PARIS (AP) — French police say a manhunt is underway for four thieves who have stolen dozens of kilograms of gold from an armored truck before setting it ablaze on a major highway. A national gendarme service spokesman says that police have rescued the two drivers from the flaming truck …

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Indians fear Modi move on gold

NEW DELHI/BENGALURU, Nov 16, (Agencies): Some Indian gold traders are placing bulk, shortterm import orders on fears that Prime Minister Narendra Modi might soon add curbs on overseas purchases of the metal to his withdrawal of highdenomination banknotes in his fight against ‘black money’, traders and jewellers said. India is …

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Woman’s bag containing KD 780, four gold bracelets stolen

KUWAIT CITY, Nov 12: An Egyptian woman lodged a complaint in Jleeb Al-Shuyoukh Police Station against an unidentified person who allegedly snatched her handbag while she was shopping at a commercial complex in the area, reports Al- Rai daily. The complainant said the handbag contained KD 780 cash, four gold …

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Rare Islamic gold relic fetches £288,000

KUWAIT CITY, Oct 21: One of the rarest and most sought after gold coins of the Islamic world fetched £288,000 when it was auctioned by specialist auctioneers, Morton & Eden in London today (Thursday Oct 20, 2016). More than 1,300 years old, this pure gold ‘dinar’ is a little smaller …

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‘Missing gold seals found at airport’ – Probe reveals truth

KUWAIT CITY, Aug 19: On May 3, 2016, the Ministry of Commerce and Industry, according to an announcement made to the daily at that time relevant to the precious metals sector in the ministry discovered during the process of inventory that four seals used in the marking of gold had …

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Kuwait 6th among Arab countries and 39th globally in gold reserves

KUWAIT CITY, Aug 18, Kuwait has been ranked sixth among Arab countries and 39th globally in terms of gold reserves. According to a report issued by the International Gold Council, Kuwait has 79 tons of gold reserves at the end of the second quarter of 2016, reports Aljarida daily. The …

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Kuwaiti, expat caught selling gold bullions cheaply: report

KUWAIT CITY, July 22: A Kuwaiti citizen and an unidentified expatriate were arrested for selling unlicensed gold bullions at cheap rates, reports Al-Shahed daily. According to sources, when the Operations Room of Ministry of Interior received information about two men attempting to sell large quantity of unlicensed gold bullions in …

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Gold down to $1.327 as US dollar rises

Global gold prices have been down by $29 to $ 1.327 per ounce, for the first time in six weeks due to the rise of the US dollar, a report said on Sunday. The US dollar was up following positive data on the US stocks and the profits realized by …

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