Page 2 - Gold Demand
Gold up Rs 10 at Rs 81,340; silver falls Rs 100; trading at Rs 99,900
The price of 22-carat gold also witnessed a rise of Rs 10, with ten grams of the yellow metal selling at Rs 72,960
 "Gold up Rs 10 at Rs 81,340; silver falls Rs 100; trading at Rs 99,900")
Gold demand strong as import duty cut boosts Dhanteras buying: MMTC-PAMP
The gold demand in the country has strengthened during the key festival of Dhanteras, buoyed by a recent reduction in import duties and traditional buying patterns, a senior MMTC-PAMP official said on Tuesday. "The market sentiment for gold remains robust this Dhanteras season, with sustained demand for our pure gold products," MMTC-PAMP Managing Director and CEO Vikas Singh told PTI. The reduction in import duty from 15 per cent to 6 per cent has amplified festival season purchases, with consumers showing a strong preference for high-purity gold products, he said. "Customer preference for quality and purity continues to be a key driver in purchase decisions, particularly for our 24K gold products with 99.99 per cent + purity," Singh added. The positive momentum is expected to continue into the upcoming wedding season, which traditionally accounts for approximately half of India's annual gold consumption, Singh said. He noted that beyond seasonal factors, gold demand benefits from
 "Gold demand strong as import duty cut boosts Dhanteras buying: MMTC-PAMP")
Swiss gold exports to India fall to lowest level since Jun on lower supply
This year's 30 per cent gold price rally, which took spot prices to a record high of $2,696.59 per troy ounce on Thursday, has been affecting physical demand in price-sensitive Asian markets
 "Swiss gold exports to India fall to lowest level since Jun on lower supply")
Gold up Rs 10 at Rs 77,900; silver rises Rs 100, trading at 97,100/kg
The price of 22-carat gold also witnessed a rise of Rs 10, with ten grams of the yellow metal selling at Rs 71,410
Gold down Rs 10 at Rs 77,440; silver dips Rs 100, trading at 95,900/kg
The price of 22-carat gold also witnessed a decline of Rs 10, with ten grams of the yellow metal selling at Rs 70,990
 "Gold down Rs 10 at Rs 77,440; silver dips Rs 100, trading at 95,900/kg")
Yellow metal strategy: UBS raises Gold target to $2,750 by end of 2024
UBS analysts have raised gold's target to $2,750 per oz by end-2024 (from $2,600 per oz), $2,850 per oz by mid-2025 (from $2,700 per oz), and $2,900 per oz by end-3Q25 (from $2,750 per oz)
Gold prices climb Rs 10 to Rs 74,880, silver jumps Rs 100 to Rs 91,900
The price of 22-carat gold rose Rs 10, with ten grams of the yellow metal selling at Rs 68,640
Gold prices climb Rs 10 to Rs 75,060, silver jumps Rs 100 to Rs 93,100
The price of 22-carat gold rose Rs 10, with ten grams of the yellow metal selling at Rs 68,810
 "Gold prices climb Rs 10 to Rs 75,060, silver jumps Rs 100 to Rs 93,100")
Gold rises Rs 10 to Rs 73,260, silver price dips Rs 100 to Rs 88,400
The price of 22-carat gold fell Rs 10, with ten grams of the yellow metal selling at Rs 67,160
Gold price dips Rs 10 to Rs 72,760, silver falls Rs 100 to Rs 85,900
The price of 22-carat gold fell Rs 10, with ten grams of the yellow metal selling at Rs 66,690
 "Gold price dips Rs 10 to Rs 72,760, silver falls Rs 100 to Rs 85,900")
Gold price jumps Rs 500 to Rs 72,850 per 10g, silver remains flat
In the previous session, the precious metal of 99.9 per cent purity had settled at Rs 72,350 per 10 grams on Monday
 "Gold price jumps Rs 500 to Rs 72,850 per 10g, silver remains flat")
Gold price dips Rs 10 to Rs 70,300, silver falls Rs 100 to Rs 83,000
The price of 22-carat gold fell Rs 10, with ten grams of the yellow metal selling at Rs 64,440
 "Gold price dips Rs 10 to Rs 70,300, silver falls Rs 100 to Rs 83,000")
Gold to stay volatile amid Yen unwinding; Sharekhan shares trading strategy
Gold price today, August 7, 2024: Barring any major developments on the geopolitical front, gold may slide further
 "Gold to stay volatile amid Yen unwinding; Sharekhan shares trading strategy")
Gold price slips Rs 10 to Rs 70,570, silver climbs Rs 100 to Rs 85,800
The price of 22-carat gold fell Rs 10, with ten grams of the yellow metal selling at Rs 64,690
 "Gold price slips Rs 10 to Rs 70,570, silver climbs Rs 100 to Rs 85,800")
Gold price slips Rs 10 to Rs 70,570, silver declines Rs 100 to Rs 85,400
The price of 22-carat gold slipped Rs 10, with the yellow metal trading at Rs 64,690
Gold price climbs Rs 10 to Rs 70,370, silver rises Rs 100 to Rs 87,200
The price of 22-carat gold rose Rs 10, with the yellow metal trading at Rs 64,510
 "Gold price climbs Rs 10 to Rs 70,370, silver rises Rs 100 to Rs 87,200")
Gold price slips Rs 10 to Rs 68,940, silver declines Rs 100 to Rs 84,400
The price of 22-carat gold slipped Rs 10, with the yellow metal trading at Rs 63,190
India's gold demand drops 5% in June quarter; up 14% in value term: Report
Gold demand India: Gold prices, meanwhile, surged 18 per cent year-on-year (YoY) in the June 2024 quarter to $2,338.2 an ounce (oz), and were up nearly 13 per cent when compared with the December 2023
 "India's gold demand drops 5% in June quarter; up 14% in value term: Report")
Gold price slips Rs 10 to Rs 69,810, silver declines Rs 100 to Rs 84,400
The price of 22-carat gold slipped Rs 10, with the yellow metal trading at Rs 63,990
 "Gold price slips Rs 10 to Rs 69,810, silver declines Rs 100 to Rs 84,400")
Gold price slips Rs 10 to Rs 70,850, silver declines Rs 100 to Rs 87,400
The price of 22-carat gold also slipped Rs 10, with the yellow metal trading at Rs 64,940
