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India's gold demand rises 8%, RBI buys 19 tonnes in March quarter: World Gold Council

The increase in demand was further fueled by the Reserve Bank of India's (RBI) robust gold purchases. The central bank purchased over 19 tonnes of gold during the initial quarter of the current calendar year 2024.

India , Reserve-bank , Gold-demand-in-india , Indias-gold-demand , Gold-jewellery , Gold-jewellery-demand , Gold-jewellery-demand-in-india , Gold-coins , Gold-bars , World-gold-council , Wgc

Vietnam central bank postpones gold bar auction

The State Bank of Vietnam announced that it has postponed its first gold auction in 11 years, set for April 22, due to a lack of participants.

Vietnam , Republic-of , Pham-thanh , State-bank , Prime-minister , Gold-bars , Sbv , Auction ,

How Canadian gun smugglers pulled off the biggest gold heist in years

A man driving a truck pulled up at Toronto’s airport with fake documents and drove off with $14.5 million in gold bars.

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Costco rakes in up to $200m monthly by selling gold bars, experts call it 'smart move'

When Costco first started selling gold in October 2023, CFO Richard Galanti said that bars being sold online were “typically gone within a few hours”

India , Edward-kelly , Richard-galanti , Nicholas-colas , Reuters , Costco , Wells-fargo , Associated-press , Gold-bars , Sales , Strategy , Millions

Gold bars selling fast at Costco, bringing in as much as $200M a month, reports say

The wholesale retailer began selling the 1-ounce, 24-karat gold bars for just under $2,000 each to members in 2023.

South-africa , Switzerland , South-african , Swiss , Costco , Gray-news , Wells-fargo , Rand-refinery , Gold-bars , Wholesale , Forbes

Mazad kicks of first ever 24K gold bar, jewellery auction

Bahrain's leading auction platform Mazad has announced its first-ever gold auction, which will include a variety of 24K gold bars and exquisite 18K white and yellow gold jewellery. The gold bar auction is open to public and will run until March 31.

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