China's official gold reserves, Wood said, have increased by 314 tonnes, or 16.1 per cent, from 1,948 tonnes at the end of October 2022 to 2,262 tonnes at the end of March 2024
If you bought gold during Diwali 2019, by this Diwali you would have been sitting on 60 per cent returns on your domestic Gold investments, said Motilal Oswal Financial Services
Demand jumped 20% y/y and was 38% higher than its five-year quarterly average of 40t.
During periods of turmoil, gold tends to make headlines as fans of the precious metal argue it can act as a safe haven. But is it also an inflation hedge? Is it considered a risk asset?
The MCX Gold October futures need to overcome the resistance at Rs 59,930, for fresh buying to emerge, indicates technical chart.
Gold prices held steady on Friday, but the safe-haven metal was bound for its second straight quarterly gain after recent banking turmoil
Worth its weight in Gold: Saw portfolio increase of 1-6 percentage points in November-December 2022
Market experts opined that Russia-Ukraine conflict led to a short-term spike in gold prices before it began falling amid stronger dollar and spike in crude oil prices
The price of ten grams of 22-carat gold in Delhi, Bengaluru, and Chennai is Rs 48,360, Rs 48,290, and Rs 49,010, respectively.
The price of ten grams of 22 carat gold in Delhi, Bengaluru, and Chennai is Rs 48,360, Rs 48,290, and Rs 49,010, respectively
The price of ten grams of 22-carat gold in Delhi and Chennai is Rs 48,360 and Rs 48,930, respectively.
The price of ten grams of 22-carat gold in Delhi, Bengaluru, and Chennai is Rs 46,940, Rs 46,840, and Rs 47,570, respectively
The price of ten grams of 22 carat gold in Delhi, Bengaluru, and Chennai is Rs 47,160, Rs 47,060, and Rs 47,710, respectively.
Silver is trading at Rs 56,700 per kg today
The Gold and Gold Markets 2022 report by India Gold Policy Centre (IGPC) also said that people in the higher income group are interested in having the yellow metal in digital or paper format
The category's net assets under management at the end of March stood at Rs 19,280 crore
Gold prices remained stable on Monday after posting its biggest weekly drop since June as investors weighed monetary policy tightening in the US against the impact of Russia's war in Ukraine.
Inflationary fears triggered a rush for safe haven investments during the ongoing market volatility that pushed up the global gold price to $2,000 per ounce on Monday
The 1980s then saw the growth of what is called financialisation where firms make money by trading in money rather than goods and services
Gold prices edged lower on Friday, heading for their first weekly decline in five, as a stronger dollar made bullion more expensive for holder of other currencies