NEW DELHI: Gold prices surged by Rs 300, reaching Rs 81,400 per 10 grams in the national capital on Tuesday, driven by strong demand from jewellers and retailers ahead of Dhanteras, as reported by the All India Sarafa Association. Silver also climbed, increasing by Rs 200 to Rs 99,700 per kilogram as industrial units and…
For the second day in a row silver crossed the Rs 1 lakh mark and was trading at Rs 1,01,323 per kg on Tuesday in the physical market. Prices went up by another Rs 1,241 per kg on Tuesday compared to Monday. “This price rise will impact the demand for silver during the Dhanteras-Diwali period…
Representative image New Delhi: Gold and Silver prices are on an upward trajectory backed by firm demand, and the steam seems to remain till the end of this festival season. In the current financial year, gold and silver prices have appreciated by nearly 10 and 24 per cent, respectively. “From Indian perspective, with the customs…
9-carat gold to be hallmarked soon? The gold trade has requested the Bureau of Indian Standards (BIS) to implement hallmarking and Hallmarking Unique Identification (HUID) numbers for 9-carat gold jewelry. This move comes as the prices of gold and silver have reached record highs, making them unaffordable for many consumers. At present, only 14, 18,…
Silver bull run: Silver prices experienced a significant surge on Thursday, reaching an unprecedented high of nearly Rs 90,000 per kilogram. This increase was driven by the growing industrial applications of the precious metal, coupled with the increasing likelihood of the US Federal Reserve implementing a policy rate reduction in the near future.In a single…
Gold rate today: Gold prices have dropped by Rs 2,900 over 10 days. The current price is Rs 71,065 per 10 grams, down from a record high of Rs 73,958. This decline has happened because investors have become less worried about geopolitical tensions in the Middle East.As per an ET report by Nishtha Awasthi, MCX…
MUMBAI: Precious metals are having a golden run. Gold prices on Monday jumped by over Rs 1,500 to record Rs 71,100/10gm crossing the Rs 70,000-milestone for the first time amid heightened geopolitical risks and aggressive buying by central banks. Silver, too, joined the party, crossing the Rs 80,000/kg-level for the first time as prices jumped…
India’s gold obsession is starting to pinch with prices of the precious metal continuing to spiral and touching a record at nearly ₹67,000 for 10 grams. This has forced consumers to moderate gold purchases while including more precious stones in jewellery. Gold and silver prices rallied on Thursday after the US Federal Reserve maintained that…
Despite gold prices reaching new highs in 2023, silver – which is often called the sister metal of gold ended flat in the international markets. It started well in the first quarter, but multiple catalysts affected its fundamental outlook and suppressed prices in a tight range throughout the previous year. But in the domestic market,…
