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POSTED ON May 4, 2018  - POSTED IN Fun on Friday

A South Korean custodian made quite a find while emptying a garbage can at the Incheon International Airport last week. Inside the bin, the cleaner found seven gold bars wrapped in newspaper valued at $330,000.

That’s one heck of a good day’s at work, right? Bonus! Right?

Nope. Not so fast. As it turns out, the cleaner probably won’t get a dime, despite a South Korean “finders keepers” law. 

POSTED ON September 18, 2017  - POSTED IN Key Gold Headlines

Despite rising prices, a tax increase, and government attempts to tighten regulation of the jewelry industry, gold continues to flow into India.

Gold imports into the country nearly tripled year-on-year in August. An estimated 60 tons of the yellow metal flowed into the Asian nation last month, up from 22.3 tons in August 2017. This continues a trend for the year. Over the first 8 months of 2017, India’s gold imports climbed to 617.5 tons, a 158% increase over 2016.

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