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Page 41 - Gold Prices

Gold price climbs Rs 10 to Rs 69,830, silver rises Rs 100 to Rs 86,600

The price of 22-carat gold rose Rs 10, with the yellow metal trading at Rs 64,010

Gold price climbs Rs 10 to Rs 69,830, silver rises Rs 100 to Rs 86,600
Updated On : 01 Aug 2024 | 7:31 AM IST

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

Gold price slips Rs 10 to Rs 68,940, silver declines Rs 100 to Rs 84,400
Updated On : 31 Jul 2024 | 7:48 AM IST

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
Updated On : 30 Jul 2024 | 10:07 PM IST

Gold price climbs Rs 10 to Rs 69,170, silver rises Rs 100 to Rs 85,100

The price of 22-carat gold rose Rs 10, with the yellow metal trading at Rs 63,410

Gold price climbs Rs 10 to Rs 69,170, silver rises Rs 100 to Rs 85,100
Updated On : 30 Jul 2024 | 8:25 AM IST

Gold tumbles Rs 950, silver dips Rs 4,500 on weak demand from jewellers

Gold prices tumbled by Rs 950 to Rs 71,050 per 10 grams in the local market here on Monday due to weak demand from jewellers. According to the All India Sarafa Association, the precious metal of 99.9 per cent purity closed at Rs 72,000 per 10 grams in the previous session on Saturday. Gold of 99.5 per cent purity also plunged Rs 1,650 to Rs 70,700 per 10 grams. On Saturday, it closed at Rs 72,350 per 10 grams. Silver also declined Rs 4,500 to Rs 84,500 per kg on decreased offtake by coin makers and industrial units. This marks the biggest single-day fall in silver prices in 2024. It ended at Rs 89,000 per kg in the previous session. Traders said reduced demand from jewellers as well as retail buyers led to the fall in gold prices. "Last week, Finance Minister Nirmala Sitharaman in the Budget announced a customs duty cut from 15 per cent to 6 per cent, weighing on the domestic front. "Post the cut in import duty, gold premiums in India jumped to their highest level in a decade,"

Gold tumbles Rs 950, silver dips Rs 4,500 on weak demand from jewellers
Updated On : 29 Jul 2024 | 8:41 PM IST

Why is China turning its back to gold jewellery? Chris Wood explains

In dollar terms, gold prices hit $2,331/oz at the end of H1-CY24, according to WGC data, rising 12.1 per cent during this period

Why is China turning its back to gold jewellery? Chris Wood explains
Updated On : 29 Jul 2024 | 9:56 AM IST

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
Updated On : 29 Jul 2024 | 9:16 AM IST

Gold price slips Rs 10 to Rs 68,990, silver declines Rs 100 to Rs 84,400

The price of 22-carat gold slipped Rs 10, with the yellow metal trading at Rs 63,240

Gold price slips Rs 10 to Rs 68,990, silver declines Rs 100 to Rs 84,400
Updated On : 29 Jul 2024 | 8:08 AM IST

Gold price slips Rs 10 to Rs 68,720, silver declines Rs 100 to Rs 88,400

The price of 22-carat gold slipped Rs 10, with the yellow metal trading at Rs 62,990

Gold price slips Rs 10 to Rs 68,720, silver declines Rs 100 to Rs 88,400
Updated On : 27 Jul 2024 | 7:47 AM IST

This jewellery stock hit the 5th straight upper limit; up 95% from June low

PC Jeweller was locked in the upper circuit for the fifth straight day, up 5 per cent at Rs 85.83, also hitting a 19-month high on the BSE in Friday's intra-day trade amid heavy volumes.

This jewellery stock hit the 5th straight upper limit; up 95% from June low
Updated On : 26 Jul 2024 | 3:15 PM IST

Gold industry seeks One Nation, One Rate policy, beginning from East India

The gold jewellery industry is advocating a 'One Nation, One Rate' policy, starting with a unified rate for Eastern India from August, an official said. All stakeholders have shown interest in the idea of a unified gold rate across the country, said Samar Kr De, President of the Swarna Silpa Bachao Committee. "We will begin with a single rate for Bengal and eastern India from August and have onboarded bullion sellers for this initiative," De said. Saiyam Mehra, Chairman of the All India Gem and Jewellery Domestic Council (GJC), said, "The idea is to create a level playing field for all stakeholders and prevent undercutting." De said that they aim to extend the 'One Gold Rate' policy nationwide within the next six months and are in discussions with large national jewellery retail chains. He also noted that the recent 9 per cent duty cut was unexpected by the industry. Union Finance Minister Nirmala Sitharaman in her budget proposals slashed import duties on gold and silver from 15

Gold industry seeks One Nation, One Rate policy, beginning from East India
Updated On : 26 Jul 2024 | 9:53 AM IST

Gold slips Rs 10, silver down Rs 100; yellow metal trading at Rs 70,850

The price of 22-carat gold also slipped Rs 10, with the yellow metal trading at Rs 64,940

Gold slips Rs 10, silver down Rs 100; yellow metal trading at Rs 70,850
Updated On : 24 Jul 2024 | 7:53 AM IST

Gold slips Rs 10, silver down Rs 100; yellow metal trading at Rs 73,840

The price of 22-carat gold also slipped Rs 10, with the yellow metal trading at Rs 67,690

Gold slips Rs 10, silver down Rs 100; yellow metal trading at Rs 73,840
Updated On : 23 Jul 2024 | 8:48 AM IST

Gold slips Rs 10, silver down Rs 100; yellow metal trading at Rs 73,960

The price of 22-carat gold also slipped Rs 10, with the yellow metal trading at Rs 67,790

Gold slips Rs 10, silver down Rs 100; yellow metal trading at Rs 73,960
Updated On : 22 Jul 2024 | 7:48 AM IST

Gold slips Rs 10, silver down Rs 100; yellow metal trading at Rs 74,340

The price of 22-carat gold also slipped Rs 10, with the yellow metal trading at Rs 68,140

Gold slips Rs 10, silver down Rs 100; yellow metal trading at Rs 74,340
Updated On : 20 Jul 2024 | 7:50 AM IST

Gold price slips Rs 10 to Rs 74,830, silver declines Rs 100 to Rs 94,600

The price of 22-carat gold also slipped Rs 10, with the yellow metal trading at Rs 68,590

Gold price slips Rs 10 to Rs 74,830, silver declines Rs 100 to Rs 94,600
Updated On : 19 Jul 2024 | 8:18 AM IST

Gold price climbs Rs 10 to Rs 75,010, silver grows Rs 100 to Rs 96,100

The price of 22-carat gold rose Rs 10, with ten grams of the yellow metal selling at Rs 68,760

Gold price climbs Rs 10 to Rs 75,010, silver grows Rs 100 to Rs 96,100
Updated On : 18 Jul 2024 | 7:19 AM IST

Gold price climbs Rs 10 to Rs 74,030, silver slips Rs 100 to Rs 94,900

The price of 22-carat gold rose Rs 10, with ten grams of the yellow metal selling at Rs 67,860

Gold price climbs Rs 10 to Rs 74,030, silver slips Rs 100 to Rs 94,900
Updated On : 17 Jul 2024 | 7:43 AM IST

Gold price slips Rs 10 to Rs 73,630, silver declines Rs 100 to Rs 95,100

The price of 22-carat gold also declined Rs 10, with ten grams of the yellow metal selling at Rs 67,490

Gold price slips Rs 10 to Rs 73,630, silver declines Rs 100 to Rs 95,100
Updated On : 16 Jul 2024 | 7:41 AM IST

Gold prices hover near 1-month peak as Fed rate cut hopes lend support

The dollar held steady, while long-dated U.S. bond yields rose, as investors weighed whether the assassination attempt on Trump increased his chances of victory

Gold prices hover near 1-month peak as Fed rate cut hopes lend support
Updated On : 15 Jul 2024 | 9:37 PM IST