Soaring Gold prices hit Kashmir’s wedding Season, families cut back on jewellery

August and September are traditionally peak marriage months in the Valley, when jewellery shops usually see brisk business | Photo Credit: PTI Soaring gold prices have cast a shadow over Kashmir’s wedding season, with many families cutting back on jewellery purchases and jewellers reporting a sharp drop in sales.  August and September are traditionally peak…

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China digs in on ‘rare earth’, commands global market

Last month, China’s Ministry of Industry and Information Technology introduced interim measures to tighten controls on ‘rare earth’ mining and processing. The rules are the latest in Beijing’s efforts to centralise oversight of extraction, exports, and refining. While China’s trading partners such as India and the U.S. are seeking alternative sources to reduce dependency, data…

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