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Page 6 - Gold

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
Updated On : 09 Oct 2024 | 7:46 AM IST

Gold down Rs 10 at Rs 77,440; silver dips Rs 100, trading at 96,900/kg

In Delhi, the price of ten grams of 22-carat gold stood at Rs 71,140 and in Bengaluru, and Chennai, ten grams of 22-carat gold was trading at Rs 70,990

Gold down Rs 10 at Rs 77,440; silver dips Rs 100, trading at 96,900/kg
Updated On : 08 Oct 2024 | 7:54 AM IST

Market Today: State elections, Israel War, Oil, Garuda Construction IPO

At 6:38 AM, GIFT Nifty Futures were trading 114 points lower at 24,871, indicating a potential gap-down opening for Indian markets.

Market Today: State elections, Israel War, Oil, Garuda Construction IPO
Updated On : 08 Oct 2024 | 7:39 AM IST

Gold prices rise Rs 250 to hit fresh all-time high of Rs 78,700 per 10g

The precious metal had settled at Rs 78,450 per 10 grams in the previous close on Friday

Gold prices rise Rs 250 to hit fresh all-time high of Rs 78,700 per 10g
Updated On : 07 Oct 2024 | 4:36 PM IST

Gold hits fresh all-time high of Rs 78,450 per 10 gm on festive demand

Gold prices rose by Rs 150 to hit a fresh all-time high of Rs 78,450 per 10 grams in the national capital on Friday on increased demand from jewellers and retailers driven by the ongoing festive season. The precious metal closed at Rs 78,300 per 10 grams on Thursday. Silver surged Rs 1,035 to Rs 94,200 per kg from Rs 93,165 per kg in the previous session, according to the All India Sarafa Association. Meanwhile, gold of 99.5 per cent purity climbed Rs 200 to reach an all-time high level of Rs 78,100 per 10 grams. Bullion traders attributed the rise in precious metal prices to the emergence of buying by jewellers and retailers driven by the ongoing 'Navratri' festival. In futures trade on the Multi Commodity Exchange (MCX), gold contracts for December delivery rose Rs 131 or 0.17 per cent to Rs 76,375 per 10 grams, hovering near an all-time high. "Silver witnessed steady moves as participants widened their bets on a firm spot demand seen in physical markets due to the start of the

Gold hits fresh all-time high of Rs 78,450 per 10 gm on festive demand
Updated On : 04 Oct 2024 | 5:46 PM IST

Gold trading levels today: Buy dip in yellow metal amid Iran-Israel news

Gold price today: Gold prices are expected to be highly volatile on geopolitical worries and crucial nonfarm payroll report.

Gold trading levels today: Buy dip in yellow metal amid Iran-Israel news
Updated On : 04 Oct 2024 | 10:09 AM IST

Gold price rises Rs 110 to Rs 77,560, silver remains steady at Rs 95,000

The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata and Chennai at Rs 77,560

Gold price rises Rs 110 to Rs 77,560, silver remains steady at Rs 95,000
Updated On : 04 Oct 2024 | 7:59 AM IST

Gold price rises Rs 10 to Rs 77,460, silver falls by Rs 100 to Rs 94,900

The price of 22-carat gold also rose by Rs 10, with ten grams of the yellow metal selling at Rs 71,010

Gold price rises Rs 10 to Rs 77,460, silver falls by Rs 100 to Rs 94,900
Updated On : 03 Oct 2024 | 7:53 AM IST

Gold price slipped Rs 10 to Rs 76,900, silver falls by Rs 100 to Rs 94,900

The price of 22-carat gold also fell by Rs 10, with ten grams of the yellow metal selling at Rs 70,490

Gold price slipped Rs 10 to Rs 76,900, silver falls by Rs 100 to Rs 94,900
Updated On : 02 Oct 2024 | 9:58 AM IST

Larger gold loan players less impacted by Reserve Bank of India advisory

While banks are dominant in jewellery-backed agriculture loans, NBFCs lead in retail gold loans and are expected to expand at 17-19 per cent in FY25

Larger gold loan players less impacted by Reserve Bank of India advisory
Updated On : 01 Oct 2024 | 11:25 PM IST

Women entrepreneurs prefer gold as collateral to secure loans: Survey

The survey found that gold and property are the two most favoured assets when women entrepreneurs seek loans. The trend is most prevalent in Chennai, followed by Mumbai and Delhi

Women entrepreneurs prefer gold as collateral to secure loans: Survey
Updated On : 01 Oct 2024 | 5:06 PM IST

Gold price slipped Rs 10 to Rs 77,230, silver falls by Rs 100 to Rs 94,900

The price of 22-carat gold also fell by Rs 10, with ten grams of the yellow metal selling at Rs 70,790

Gold price slipped Rs 10 to Rs 77,230, silver falls by Rs 100 to Rs 94,900
Updated On : 01 Oct 2024 | 7:55 AM IST

Gold hovers below record high, set for best quarter in eight years

Spot gold fell 0.2% to $2,653.00 per ounce, as of 0817 GMT, as traders locked in profits following last week's rally. U.S. gold futures rose 0.2% to $2,674.40

Gold hovers below record high, set for best quarter in eight years
Updated On : 30 Sep 2024 | 3:40 PM IST

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)

Yellow metal strategy: UBS raises Gold target to $2,750 by end of 2024
Updated On : 30 Sep 2024 | 1:30 PM IST

Gold price climbs Rs 10 to Rs 77,460, silver rises Rs 100 to Rs 96,100

The price of 22-carat gold also climbed Rs 10, with ten grams of the yellow metal selling at Rs 71,010

Gold price climbs Rs 10 to Rs 77,460, silver rises Rs 100 to Rs 96,100
Updated On : 28 Sep 2024 | 8:03 AM IST

Sisters won't face issue buying 'Mangalsutras' post gold duty cut: Goyal

Union Commerce Minister Piyush Goyal on Friday said our sisters will not have a problem in buying mangalsutras after the steep cut in gold import duties. Speaking at an event organised by a south-based Malabar Gold and Diamonds, the minister said that our sisters can now have heavier mangalsutras as well. "I am told the business has shot up after that (the duty cut). Business has gone up like anything. Now, our sisters will not have a problem with (buying) their mangalsutras, I think, and you can have a heavier mangalsutra," he said. It can be noted that earlier this month, Finance Minister Nirmala Sitharaman announced a steep cut in customs duty on gold to 6 per cent from 15 per cent earlier. Goyal said the duty cut used to dominate every discussion within the gold industry, and there was a demand for lowering duties. The minister also exhorted the Gold and Jewellery Export Promotion Council to help promote Indian tourist destinations from jeweller outlets abroad, stressing that

Sisters won't face issue buying 'Mangalsutras' post gold duty cut: Goyal
Updated On : 27 Sep 2024 | 9:55 PM IST

Gold prices dip Rs 10 to Rs 77,010, silver rises Rs 100 to Rs 95,100

The price of 22-carat gold fell Rs 10, with ten grams of the yellow metal selling at Rs 70,590

Gold prices dip Rs 10 to Rs 77,010, silver rises Rs 100 to Rs 95,100
Updated On : 27 Sep 2024 | 7:56 AM IST

Indian gold demand buoyed by import tax cut ahead of wedding season

Imports more than tripled to 140 tons in August from the previous month, according to the World Gold Council

Indian gold demand buoyed by import tax cut ahead of wedding season
Updated On : 26 Sep 2024 | 7:51 AM IST

Gold prices rise Rs 10 to Rs 77,030, silver falls Rs 100 to Rs 92,700

The price of 22-carat gold rose Rs 10, with ten grams of the yellow metal selling at Rs 70,610

Gold prices rise Rs 10 to Rs 77,030, silver falls Rs 100 to Rs 92,700
Updated On : 26 Sep 2024 | 7:44 AM IST

Gold prices rise Rs 10 to Rs 76,370, silver falls Rs 100 to Rs 92,800

The price of 22-carat gold rose Rs 10, with ten grams of the yellow metal selling at Rs 70,010

Gold prices rise Rs 10 to Rs 76,370, silver falls Rs 100 to Rs 92,800
Updated On : 25 Sep 2024 | 7:50 AM IST