Rajesh Bhayani

More glitter in Gold after 32% gain in Samvat 2080, highest after 2011

Consequent to high gold prices, the domestic jewellery industry also faced many challenges during the recently concluded Samvat

Gold sparkles less this Dhanteras, silver shines; digital buying picks up

Conservative buyers gravitated toward Shagun coins, while younger ones chose lightweight or 18k jewellery

Gold prices soar to all-time highs, experts forecast up to $3,200 per ounce

Flare-up in West Asia, US elections, further rate cuts by Fed may keep fuelling bullish trend, say experts

Union Budget 2024: Sharp import duty cut to burnish gold and silver

Diamond industry to also benefit from change in safe harbour rules

Crude prices may remain higher at $85-100 in short term: S&P Global

OPEC countries have enough oil which can potentially cap any sharp price increases

Customers shy away from market as gold price nears Rs 70,000 milestone

The gold price was Rs 28,430 per 10 gram a decade ago, up 141 per cent, giving a 9.2 per cent compounding annual return

Retaining sheen: Gold, silver may continue to sparkle next financial year

What is worth observing for the Indian market is that since the last nine years, gold investors have made money each year, while in silver, gains have been consistent only in the last five years

Metals soften in FY24, crude oil hardens in the international market

Most base metals, except tin, have ended lower in the last two years

Sovereign gold bonds help save $3.3 billion in India's gold import bill

The government launched the first SGB in November 2015, and the first two issues have matured giving significantly high tax-free returns to investors

Indian cryptocurrency exchanges hope for revival in Bitcoin rally

Indian cryptocurrency exchanges hope for a revival in sentiment as Bitcoin price is up nearly 50% in a month to over $66,000

Silver imports likely to pick up pace after falling over 63% in 2023

High prices and previous year's base weighed on the precious metal

Zero-duty unrefined gold imports take the shine off local players

Some refineries stayed away from giving an undertaking to govt. for not importing unrefined gold from LDCs

Sovereign gold bonds shine in FY24 as high returns attract investors

The reason for the good response in FY21 and FY22 was because of the lockdown and as the jewellery stores were not open while SGB buying was possible through net banking

New Samvat 2080: A year of hope for industrial and precious metals

So far, the rally in gold prices, driven by conflict in West Asia, is not sustaining because the US appears to have deterred Iran from escalating the conflict through its proxies

Dhanteras 2023: Appetite for gold products adds glitter this season

Overall sales have seen an increase over last year, but that was in value terms and not in quantity, because of prices being 20 per cent higher than last Diwali

Samvat 2079: Gold and silver sparkle; crude oil on slippery slope

On the energy front, Samvat 2078 was a bull year as the war between Russia and Ukraine altered trade routes and supply equations resulted in a 12.5 per cent jump in the price of Brent crude last year

Only 21 tonnes mobilised under gold monetisation scheme in 8 years

Gold loan market expected to shift to organised sector: WGC report

After a weak first half of 2023, second half brings hope for metals

What is good for copper, because of the EV segment, is bad for crude oil

Rs 2,000 note: Hawala rate at Rs 91 for $; exchange for gold at Rs 70K

In Ahmedabad, on Friday night, gold to be bought for Rs 2,000 notes opened at Rs 75,000 though prices slipped to Rs 67,000 levels on lower demand

Akshaya Tritiya: Lightweight jewellery big hit as gold turns costlier

Some jewellers said last year's demand was "exceptional", following a near washout in the pandemic-affected years of 2020 and 2021