The price of 22-carat gold also climbed Rs 10, with ten grams of the yellow metal selling at Rs 80,360
The precious metal of 99.9 per cent purity had closed at Rs 88,500 per 10 grams in the previous trading session. On February 14, it rallied by Rs 1,300 to hit a lifetime high of Rs 89,400 per 10 grams
Gold's rally appears to be driven by President Trump's remarks on upcoming tariffs for autos and pharmaceuticals
The price of 22-carat gold also climbed Rs 10, with ten grams of the yellow metal selling at Rs 79,710
With uncertainty surrounding the global economy and the broader geopolitical landscape in the Trump 2.0 era, gold is set to remain a natural beneficiary of risk-off flows and central bank buying
In the international markets, Comex gold futures for April delivery climbed USD 24.94 per ounce, or 0.86 per cent, to USD 2,925.64 per ounce in the global market
The price of 22-carat gold also climbed Rs 10, with ten grams of the yellow metal selling at Rs 79,410
The increase in imports also indicates strong investor confidence in the precious metal as a safe asset. The other reasons include asset diversification towards gold due to global uncertainties
The price of 22-carat gold also dipped Rs 10, with ten grams of the yellow metal selling at Rs 78,890
The price of 22-carat gold also climbed Rs 10, with ten grams of the yellow metal selling at Rs 79,810
The price of 22-carat gold dipped Rs 10, with ten grams of the yellow metal selling at Rs 79,390
Under the agreement, India agreed to import up to 200 metric tonnes of gold annually from the UAE with a 1 per cent tariff concession under tariff rate quota (TRQ)
The price of 22-carat gold also climbed Rs 10, with ten grams of the yellow metal selling at Rs 80,110
Higher leasing rates are driving up jewellery production costs in the world's second-largest gold consumer and could squeeze margins of jewellers such as Titan, Kalyan Jewellers
The price of 22-carat gold also climbed Rs 10, with ten grams of the yellow metal selling at Rs 79,810
The price of 22-carat gold also dipped Rs 10, with ten grams of the yellow metal selling at Rs 79,440
The price of 22-carat gold also dipped Rs 10, with ten grams of the yellow metal selling at Rs 79,290
The price of 22-carat gold also rose Rs 10, with ten grams of the yellow metal selling at Rs 79,310
The price of 22-carat gold rose Rs 10, with ten grams of the yellow metal selling at Rs 79,060
Spot gold prices rose by 27 per cent last year, the most since 2010, as investors chose the metal to hedge against global risks and as the US Federal Reserve slashed interest rates