Bullion is one of the best-performing commodities this month, erasing almost all of this year's losses.
The trend in the international markets was muted
Gold prices on Monday rose to Rs 45,520 per 10 grams in the national capital
3 exchanges are working towards a common platform and also competing together for international biz
The digital currency is a trading ground for a motley crew of retail players, speculative pros and exotic quants, while traditional investors have hitherto stayed on the sidelines
These associations collectively represent close to 2,200 members, engaged in retail sale and trade of bullion
In New Delhi, the price of 22-carat gold remained at Rs 49,600 per 10 gram, and in Chennai it jumped to Rs 48,860
In New Delhi, the price of 22-carat gold rose to Rs 52,200 per 10 grams, and in Chennai to Rs 51,250
Hit hard by the Covid-19 pandemic, bullion traders here have decided to sell their jewellery products through websites and apps also
In New Delhi, the price of 22-carat gold also slid to Rs 47,150 per 10 gram, and in Chennai to Rs 46,270
The bullion has risen more than 1% so far this week, with prices scaling a near eight-year high of $1,779.06 on Wednesday
In New Delhi, the price of 22-carat gold iis holding steady at Rs 46,000 per 10 gram, while in Chennai it is Rs 45,530
Virus has led to checking being shifted from baggage to passengers
Gold and silver rise sharply on safe-haven appeal in a global economy prone to more downside risk
The government has also allowed rupee derivatives to be traded GIFT-IFSC, with an intention to bring all offshore rupee trading onshore with a 22-hour trading window
IFSC has the potential to become a centre of international finance and high end data processing, the Finance Minister said during her speech
Bullion dealers said the trading sentiment was bullish, amid hectic buying for the ongoing festive and marriage season.
Illegal inflows have jumped after the Indian government increased import taxes in July and prices surged to record highs in September.
The market potential for bullion banking in India, according to the council, has an estimated value between $300 million and 500 million
After consolidating for a few days, gold and silver prices spiked yesterday on fears that inverse short- and long-term bond yields in the United States will lead to recession