Page 68 - Gold Prices
Gold price jumps Rs 540 to Rs 62,180, silver price increases by Rs 300
The price of ten grams of 22-carat gold rose Rs 500, with 10-grams of the yellow metal trading at Rs 57,000
 "Gold price jumps Rs 540 to Rs 62,180, silver price increases by Rs 300")
Gold rallies Rs 940 to record high of Rs 62,020; silver zooms Rs 660
Gold prices rallied Rs 940 to a lifetime high of Rs 62,020 per 10 grams in the national capital on Thursday amid strong global trends, according to HDFC Securities. The precious metal had settled at Rs 61,080 per 10 grams in the previous trade. Silver also zoomed Rs 660 to Rs 76,700 per kg. Gold prices in the domestic market climbed to record high following overnight gains in the international market, Saumil Gandhi, Senior Analyst - Commodities at HDFC Securities, said. In the overseas market, both gold and silver were trading higher at USD 2,039.50 per ounce and USD 25.50 per ounce, respectively. Gold prices traded up in Asian trading hours on Thursday as dollar and bond yields dropped after the US Fed signalled a pause in policy tightening from the next meeting after hiking the benchmark interest rate by 25 basis points, Gandhi said.
 "Gold rallies Rs 940 to record high of Rs 62,020; silver zooms Rs 660")
Gold price jumps Rs 880 to Rs 61,640, silver price increases by Rs 700
The price of ten grams of 22-carat gold rose Rs 800, with 10-grams of the yellow metal trading at Rs 56,500
 "Gold price jumps Rs 880 to Rs 61,640, silver price increases by Rs 700")
Gold, silver prices remain unchanged; yellow metal trades at Rs 60,760
The price of ten grams of 22-carat gold was trading at Rs 55,700
 "Gold, silver prices remain unchanged; yellow metal trades at Rs 60,760")
Gold, silver prices remain unchanged; yellow metal trades at Rs 60,930
The price of ten grams of 22-carat gold was trading at Rs 55,850
 "Gold, silver prices remain unchanged; yellow metal trades at Rs 60,930")
Gold price falls Rs 220 to Rs 60,820, silver price unchanged at Rs 76,200
The price of ten grams of 22-carat gold fell Rs 200 to Rs 55,750
Gold price falls Rs 220 to Rs 60,820, silver price unchanged at Rs 76,200
The price of ten grams of 22-carat gold fell Rs 200 to Rs 55,750
 "Gold price falls Rs 220 to Rs 60,820, silver price unchanged at Rs 76,200")
Gold price unchanged at Rs 61,040; silver declines Rs 300 to Rs 76,200
The price of ten grams of 22-carat was unchanged at Rs 55,950
Gold price rises Rs 10 to Rs 61,050, silver unchanged at Rs 76,500
The price of ten grams of 22-carat gold jumped Rs 10 to Rs 55,960
Gold price rises by Rs 220 to Rs 60,930, silver up by Rs 300 at Rs 76,700
The price of ten grams of 22-carat gold jumped Rs 200 to Rs 55,850
Gold price falls Rs 10 to Rs 60,700; silver unchanged at Rs 76,400
The price of 10 grams of 22-carat fell Rs 10 to Rs 55,640
Jewellers see 40% jump in sales on Akshaya Tritiya despite high gold prices
Jewellery sales are expected to have increased by more than 40 per cent this Akshaya Tritiya, said GJC chief Sayam Mehra
 "Jewellers see 40% jump in sales on Akshaya Tritiya despite high gold prices")
Akshaya Tritiya: Lightweight jewellery big hit as gold turns costlier
Some jewellers said last year's demand was "exceptional", following a near washout in the pandemic-affected years of 2020 and 2021
Sales sluggish on Akshaya Tritiya, lightweight items preferred: Jewellers
Sales of jewellery and gold items remained sluggish on the auspicious Akshaya Tritiya day on Saturday despite heavy footfalls at stores as high prices of the precious metal dampened the festive demand, according to jewellers. Jewellers are expecting a nearly 10 per cent decline in sales volume on Akshaya Tritiya this year compared to last year as gold prices have zoomed around 20 per cent since last year and customers are either making token purchases or going for lightweight jewellery. Akshaya Tritiya day is considered auspicious for buying gold, jewellery and valuables. However, as the auspicious occasion is spread over two days this year, jewellers are hopeful that sales will revive on Sunday. There have been steady footfalls since morning in jewellery retail stores, however, consumers are mainly going in for lightweight jewellery or 1-2 grams of gold coins as a token purchase to celebrate the festive occasion, jewellers said. "We have been getting positive responses on consumer
 "Sales sluggish on Akshaya Tritiya, lightweight items preferred: Jewellers")
Akshaya Tritiya: Jewellers expect pick up in sales as gold prices soften
The recent softening of the gold price has supported demand for the yellow metal on the auspicious day of Akshaya Tritiya and jewellers have been witnessing steady footfalls since morning. "Since morning the footfalls have been good, mostly supported by the price coming down to around Rs 56,500 levels for 22 karat gold," All India Gem and Jewelry Domestic Council (GJC) chairman Sayam Mehra told PTI. People are buying new jewellery, mostly in light weight, and also picking up the pre-booked items. The footfalls are expected to increase as the day progresses, Mehra said. Jewellery from 5-33 grams and coins in 1-2 grams range are popular this year, he said, adding that this year, after Hallmarking, jewellery has become more popular than coins. "This year we expect business to be around 17-18 tonnes in terms of volume on Akshaya Tritiya. Last year, people bought wedding jewellery as the marriage season was immediately after Akshaya Tritiya. However, this year it's in June-July, so the
 "Akshaya Tritiya: Jewellers expect pick up in sales as gold prices soften")
Gold price falls Rs 220 to Rs 60,930, silver declines Rs 200 to Rs 77,400
The price of 10 grams of 22-carat gold fell Rs 200 to Rs 55,850
Gold price rises by Rs 230 to Rs 61,150, silver up by Rs 200 to Rs 77,600
The price of ten grams of 22-carat gold rose Rs 200 to Rs 56,050
Gold price falls Rs 10 to Rs 61,060, silver unchanged at Rs 77,400
The price of ten grams of 22-carat gold fell Rs 10 to Rs 55,840
Gold price falls Rs 10 to Rs 61,020, silver unchangedat Rs 78,500
The price of ten grams of 22-carat gold fell Rs 10 to Rs 55,930
Gold price rises Rs 600 to Rs 61,800, silver surges Rs 1,600 to Rs 61,800
The price of ten grams of 22-carat gold rose by Rs 550 to Rs 56,650