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Gold In India

Gold strategy on February 21: Support at Rs 84,800, Resistance at Rs 87,770

Weaker dollar, geopolitical concerns over Ukraine peace process, economic and political concerns due to Trump's tariff plans and softer yields are positive for the metal

Updated On: 21 Feb 2025 | 10:48 AM IST

Here's how to trade Gold on February 19; Check support, target and more

Disappointing data out of the US viz retail sales, nonfarm payroll (considering the downward revision done by BLS) and NAHB housing Index are positive for the yellow metal

Updated On: 19 Feb 2025 | 10:36 AM IST

Gold price hits $2,900 today, up 11% in 2025; will the rally continue?

The recent uptick in gold prices in 2025 has been led by tariff threats by US president Donald Trump, which in turn have seen investors move away from equities to safer havens.

Updated On: 10 Feb 2025 | 10:56 PM IST

Gold strategy on February 5: Support at Rs 82,450; Resistance at Rs 85,000

Gold rally is being driven more by subdued yields and US Dollar Index rather than safe haven demand

Updated On: 05 Feb 2025 | 12:56 PM IST

Should you buy or sell Gold ahead of Budget 2025? Check rate, outlook

Gold rate today: India's budget to be presented on February 1 will be important for domestic gold prices as import duty on precious metals may be increased.

Updated On: 31 Jan 2025 | 11:48 AM IST

Gold price today: Upside limited; check trading support, resistance levels

Gold rate in share market: Recovery in gold prices is being driven primarily by a sharp decline in the US yields and a retreat in the US Dollar Index

Updated On: 17 Jan 2025 | 10:44 AM IST

Gold vs equity vs debt: Where to invest in 2025? Check investment strategy

Market Outlook 2025: For an investor with moderate risk appetite, they say an ideal portfolio for 2025 would mean investing 50% of his/her corpus in large-caps, followed by 35% in gold and 15% in debt

Updated On: 30 Dec 2024 | 12:29 PM IST

Festive hopes fade for India's gold industry after surge in price

Consumers are opting for lighter, more affordable jewellery to stay within budget

Updated On: 09 Oct 2024 | 2:56 PM IST

Indian gold industry forms new body to foster consumer, govt confidence

The Indian gold industry on Tuesday announced the formation of the Indian Association for Gold Excellence and Standards (IAGES), a self-regulatory organisation (SRO) supported by the World Gold Council. The organisation aims to remove the trust deficit and enhance transparency within the sector. The framework for IAGES will be independently governed and professionally managed. It will be released soon, after which memberships will be announced. The organisation is expected to become operational by December this year or January 2025, WGC Regional CEO, India, Sachin Jain told PTI. IAGES will be formed by national industry associations, including the Indian Bullion and Jewellers Association (IBJA), All India Gems and Jewellery Council of India (GJC) and Gem and Jewellery Export Promotion Council (GJEPC). "IAGES, created by the Indian gold industry, represents the coming together of various stakeholders in the sector. It aims to increase consumer and government confidence by enhancing

Updated On: 06 Aug 2024 | 12:07 PM IST

Gold industry seeks One Nation, One Rate policy, beginning from East India

The gold jewellery industry is advocating a 'One Nation, One Rate' policy, starting with a unified rate for Eastern India from August, an official said. All stakeholders have shown interest in the idea of a unified gold rate across the country, said Samar Kr De, President of the Swarna Silpa Bachao Committee. "We will begin with a single rate for Bengal and eastern India from August and have onboarded bullion sellers for this initiative," De said. Saiyam Mehra, Chairman of the All India Gem and Jewellery Domestic Council (GJC), said, "The idea is to create a level playing field for all stakeholders and prevent undercutting." De said that they aim to extend the 'One Gold Rate' policy nationwide within the next six months and are in discussions with large national jewellery retail chains. He also noted that the recent 9 per cent duty cut was unexpected by the industry. Union Finance Minister Nirmala Sitharaman in her budget proposals slashed import duties on gold and silver from 15

Updated On: 26 Jul 2024 | 9:53 AM IST

Gold Strategy: Buy dips; resistance at Rs 75,400, support at Rs 73,000

Spot gold surged to a fresh record high of $2465 on July 16 as traders continued to pile into the metal on Fed rate cut bets.

Updated On: 17 Jul 2024 | 10:42 AM IST

Gold price rises Rs 10 to Rs 73,320, silver climbs Rs 100 to Rs 86,600

The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata and Hyderabad, at Rs 73,160

Updated On: 16 Apr 2024 | 7:54 AM IST

Gold, silver prices unchanged; precious metal trading at Rs 63,380/kg

The price of 22-carat gold remained stable, with the yellow metal selling at Rs 58,100

Updated On: 06 Feb 2024 | 7:27 AM IST

Gold's allure to dim in India due to lower rural income, says report

Gold consumption surged to 800 tons last year as the easing of virus-related restrictions unleashed demand. The jump in demand and rising imports forced the government to raise the import tax on gold

Updated On: 19 Sep 2022 | 3:54 PM IST

India's demand for gold rises 43% in June qtr as economy recovers: WGC

As the economy recovers from the coronavirus damage, India's gold demand for the June quarter increases by 43% compared to the corresponding quarter last year, says a report by World Gold Council.

Updated On: 18 Aug 2022 | 4:13 PM IST

Gold jewellery demand in India likely to dip in H2: World Gold Council

At the global level, the demand for gold (excluding OTC) was 8 per cent lower y-o-y at 948 tonnes. Combined with Q1-2022, the total demand in the first half of 2022 came in at 2,189t, up 12 per cent

Updated On: 29 Jul 2022 | 1:00 AM IST

Gold selling at Rs 52,470 for 10 gm, silver trading at Rs 70,000 per kg

The price of 10 grams of 24 carat gold on Tuesday is trading at Rs. 52,470 and 10 grams of 22 carat gold is selling at Rs. 48,100. Silver is trading at Rs. 70,000 per kg

Updated On: 15 Mar 2022 | 6:52 AM IST

RBI buys record gold this year: At 700 tonnes, reserves up 27% in 2 years

The central bank's gold reserves stood at 705.6 tonnes as on June 30. The gold reserves were at 558.1 tonnes in the beginning of 2018

Updated On: 12 Aug 2021 | 6:06 AM IST

Gold price today at Rs 45,280 per 10 gm, silver trending at Rs 63,300 a kg

In New Delhi, gold price stands at Rs 49,600 per 10 gm (24 carat)

Updated On: 11 Aug 2021 | 6:58 AM IST

India's gold demand up 37% YoY in March qtr; global demand dips 23%: WGC

The next phase of gold demand - in the second half of 2021 - will not be driven by fear, but by economic growth, WGC said

Updated On: 29 Apr 2021 | 11:00 PM IST