HEADLINE 'Rich Dad Poor Dad' author says world in midst of 'biggest market crash' STRAP People invested in real gold, silver and Bitcoin may come out of 'premeditated disaster, says Robert Kiyosaki
The price of 22-carat gold declined ₹10, with ten grams of the yellow metal selling at ₹87,540
Spot gold was up nearly 2 per cent at $3,235.89 an ounce at 2:32 p.m. ET (1832 GMT), after hitting a record high of $3,245.28 earlier in the session
The price of 22-carat gold rose ₹10, with ten grams of the yellow metal selling at ₹87,460
The Reserve Bank of India has proposed new rules to streamline gold loan practices, aiming to bring more transparency and control as lending in this segment grows rapidly.
The price of 22-carat gold rose ₹10, with ten grams of the yellow metal selling at ₹85,610
Spot gold climbed 2.6% to $3,160.82 an ounce at 01:54 p.m. ET (1754 GMT), after hitting a record high of $3,171.49 earlier in the session
In the draft circular, the RBI stated that norms for lending against gold collateral must be incorporated into the credit/risk management policy of lenders
As market turbulence continues, investors are seeking stability. Watch the video to know about some of the clear front-runners amongst a slew of investment choices.
Support is at $2947 (MCX June contract ₹86,300) /$2900 (₹85,000). Resistance is at $3050 (₹89,300)/$3100 (₹90,800)
In India, gold is not just an investment but also a symbol of wealth and security. Its dual role as a financial asset and a cultural commodity makes it especially appealing
The price of 22-carat gold declined ₹10, with ten grams of the yellow metal selling at ₹82,840
The price of 22-carat gold rose ₹10, with ten grams of the yellow metal selling at ₹85,610
Kalyan Jewellers on Friday reported a 37 per cent year-on-year increase in consolidated revenue for the fourth quarter of FY2024-25, despite extreme volatility in the gold prices. The company reported a consolidated net revenue of Rs 4,563.72 crore in the fourth quarter (January-March) of the 2023-24 fiscal. India operations saw 39 per cent revenue growth during the March quarter of the fiscal 2024-25, with 21 per cent same-store sales growth, the company said in a regulatory filing. The revenue from the Middle East operation rose 24 per cent, contributing 12 per cent to consolidated revenue. The company said 25 Kalyan showrooms and 14 Candere showrooms were opened during Q4 in India. The Candere segment recorded a revenue growth of 22 per cent during the reported quarter of 2024-25. The company plans to launch 170 new showrooms across Kalyan and Candere formats. "We have completed signing Letter of Intents for the Franchisee Owned Company Operated (FOCO) showrooms planned for t
Gold dropped over 3% on Friday, after US President Donald Trump's bigger-than-expected tariff measures rippled across global markets, wiping out nearly $6 trillion in value from US stocks last week
Gold prices plunged by Rs 1,350 to Rs 93,000 per 10 grams, bringing an end to its five-day record rally, in the national capital on Friday amid weak trend in the international markets, according to the All India Sarafa Association. On Thursday, the precious metal of 99.9 per cent purity had climbed Rs 200 to hit a fresh peak of Rs 94,350 per 10 grams. Snapping a five-day winning streak, gold of 99.5 per cent purity also declined by Rs 1,350 to Rs 92,550 per 10 grams from Thursday's closing level of Rs 93,900 per 10 grams. "Gold prices declined as safe-haven demand eased following the implementation of new tariffs by US President Donald Trump. "Investors have shifted their focus to global trade dynamics and the potential economic repercussions, which could weigh on growth and dampen business sentiment," Chintan Mehta, Chief Executive Officer at Abans Financial Services, said. Silver prices also tanked by Rs 5,000, logging the steepest fall in four months, to Rs 95,500 per kg. The w
On April 3, spot gold, buoyed by renewed safe haven demand due to unexpectedly high reciprocal tariff rates that pose a risk to the global trade and economy, soared to a fresh record high of $3,167.84
Experts suggest that reaching Rs 1 lakh per 10 grams is not just possible-it's highly likely. Currently, gold is only Rs 9,000 away from this milestone
All eyes are on the US non-farm payrolls report, due Friday, for further clues on the Federal Reserve's monetary policy path
The price of 22-carat gold rose ₹10, with ten grams of the yellow metal selling at ₹85,110