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Page 53 - Gold

Gold price falls Rs 160 to Rs 59,950; silver slumps Rs 2,300 to Rs 75,000

The price of 22-carat gold also fell Rs 150 with the yellow metal selling at Rs 54,950

Gold price falls Rs 160 to Rs 59,950; silver slumps Rs 2,300 to Rs 75,000
Updated On : 04 Aug 2023 | 8:51 AM IST

Gold price dips Rs 330 to Rs 60,110; silver falls Rs 700 to Rs 77,300

The price of 22-carat gold also fell Rs 300 with the yellow metal selling at Rs 55,100

Gold price dips Rs 330 to Rs 60,110; silver falls Rs 700 to Rs 77,300
Updated On : 03 Aug 2023 | 8:17 AM IST

Gold price rises Rs 160 to Rs 60,440, silver price jumps Rs 1,000

The price of 22-carat gold rose Rs 150 with the yellow metal selling at Rs 55,400

Gold price rises Rs 160 to Rs 60,440, silver price jumps Rs 1,000
Updated On : 02 Aug 2023 | 8:11 AM IST

Gold demand in India this year could fall 10% to hit 3-year low: WGC

In the June quarter, scrap supplies jumped 61% from a year ago to 37.6 metric tons, the highest in nearly 3 years, the data showed

Gold demand in India this year could fall 10% to hit 3-year low: WGC
Updated On : 01 Aug 2023 | 12:37 PM IST

Gold price dips Rs 380 to Rs 60,110; silver falls Rs 2,000 to 76,400

The price of 22-carat gold dipped Rs 350 and the yellow metal is selling at Rs 55,100

Gold price dips Rs 380 to Rs 60,110; silver falls Rs 2,000 to 76,400
Updated On : 29 Jul 2023 | 7:14 AM IST

Priced at Rs 4,950 per 10 gm, Kashmir saffron outshining silver varq

Saffron and silver varq are used by sweetmakers to provide Indian sweets with a luxurious feel

Priced at Rs 4,950 per 10 gm, Kashmir saffron outshining silver varq
Updated On : 27 Jul 2023 | 12:27 PM IST

Gold price rises Rs 330 to Rs 60,490, Silver price unchanged at Rs 77,400

The price of 22-carat gold rose Rs 300 with the precious metal selling at Rs 55,450

Gold price rises Rs 330 to Rs 60,490, Silver price unchanged at Rs 77,400
Updated On : 27 Jul 2023 | 10:20 AM IST

Households in Covid vulnerable districts bought more gold: IIMA study

Households in India's COVID-19 vulnerable districts allocated more gold to their savings portfolio during the pandemic compared to households in other districts, as per a study conducted by the Indian Institute of Management Ahmedabad (IIMA). The shift towards gold is accompanied by a shift away from other financial assets and cash, as per the IIMA working paper titled 'Gold in household portfolios during a pandemic: Evidence from an emerging economy'. The study, published on IIMA's website on June 30, captured the variation in the intensity of the crisis using two main indicators: COVID-19 cases per 1,000 population, and satellite-based night-time lights intensity. The survey covered 142 districts across 21 states. India is the second-largest consumer of gold (in the form of jewellery) in the world and an average Indian household invests 11 per cent of its overall holdings in the precious metal, as per the study paper. It said addressing geographical inequalities in the availabil

Households in Covid vulnerable districts bought more gold: IIMA study
Updated On : 23 Jul 2023 | 10:31 PM IST

Gold price dips Rs 310 to Rs 60,440, silver price rises Rs 600 to Rs 79,000

The price of 22-carat gold dipped Rs 300, with the precious metal selling at Rs 55,400

Gold price dips Rs 310 to Rs 60,440, silver price rises Rs 600 to Rs 79,000
Updated On : 22 Jul 2023 | 8:05 AM IST

Gold price unchanged at Rs 60,750, silver prices at Rs 78,400 per kg

The price of ten grams of 22-carat gold was Rs 55,700, the same as Thursday

Gold price unchanged at Rs 60,750, silver prices at Rs 78,400 per kg
Updated On : 21 Jul 2023 | 9:18 AM IST

A nugget worth prospecting: Why Kalyan is being seen as a gold mine

Stock up over 60% in a month on strong sales, asset-light network expansion

A nugget worth prospecting: Why Kalyan is being seen as a gold mine
Updated On : 17 Jul 2023 | 6:07 AM IST

Gold price unchanged at Rs 60,000; silver price jumps Rs 1,500 to Rs 77,100

The price of ten grams of 22-carat gold was at Rs 55,000, the same as yesterday

Gold price unchanged at Rs 60,000; silver price jumps Rs 1,500 to Rs 77,100
Updated On : 15 Jul 2023 | 8:22 AM IST

Gold, silver prices unchanged; yellow metal trading at Rs 59,620 per 10g

The price of ten grams of 22-carat gold was Rs 54,650, at par with yesterday's price

Gold, silver prices unchanged; yellow metal trading at Rs 59,620 per 10g
Updated On : 13 Jul 2023 | 10:20 AM IST

Centre imposes import restrictions on certain gold jewellery, articles

The government on Wednesday imposed import restrictions on certain gold jewellery and articles, a move which would help cut import of non-essential items. Now an importer would need a permission of licence from the government for importing these gold products. However, the directorate general of foreign trade (DGFT) said that the restrictions will not be there for imports under the India-UAE free trade agreement. In a notification, the DGFT said that the import policy of these products "has been amended from free to restricted with immediate effect". Imports of pearls, precious and semi-precious stones dipped by 25.36 per cent to about USD 4 billion during April-May this fiscal. Gold imports too contracted by about 40 per cent to USD 4.7 billion in the same period. Overall merchandise imports during April-May this fiscal declined 10.24 per cent to USD 107 billion. The merchandise trade deficit for April-May 2023 stood at USD 37.26 billion against USD 40.48 billion during April-May

Centre imposes import restrictions on certain gold jewellery, articles
Updated On : 12 Jul 2023 | 10:27 PM IST

Gold price falls Rs 90 to Rs 59,070, silver dips Rs 700 to Rs 72,300

The price of 22-carat gold dipped Rs 100 to Rs 54,150

Gold price falls Rs 90 to Rs 59,070, silver dips Rs 700 to Rs 72,300
Updated On : 08 Jul 2023 | 7:20 AM IST

Gold price unchanged at Rs 59,060, silver rises Rs 500 to Rs 72,200

The price of 22-carat gold was also unchanged at Rs 54,150

Gold price unchanged at Rs 59,060, silver rises Rs 500 to Rs 72,200
Updated On : 06 Jul 2023 | 8:13 AM IST

Gold price falls Rs 110 to Rs 58,960, silver prices unchanged at Rs 71,900

The price of 22-carat gold also declined Rs 100 and the precious metal was trading at Rs 54,050

Gold price falls Rs 110 to Rs 58,960, silver prices unchanged at Rs 71,900
Updated On : 04 Jul 2023 | 8:54 AM IST

Gold price rises Rs 100 to Rs 58,850, silver falls Rs 500 to Rs 71,400

The price of 22-carat gold increased by Rs 100 to Rs 53,950

Gold price rises Rs 100 to Rs 58,850, silver falls Rs 500 to Rs 71,400
Updated On : 01 Jul 2023 | 7:28 AM IST

Gold price falls Rs 210 to Rs 58,750, silver unchanged at Rs 71,900

The price of 22-carat gold dipped Rs 200 to Rs 53,850

Gold price falls Rs 210 to Rs 58,750, silver unchanged at Rs 71,900
Updated On : 30 Jun 2023 | 7:48 AM IST

Gold price falls Rs 220 to Rs 58,960, silver rises Rs 400 to Rs 71,900

The price of 22-carat gold declined Rs 300 to Rs 54,050

Gold price falls Rs 220 to Rs 58,960, silver rises Rs 400 to Rs 71,900
Updated On : 29 Jun 2023 | 7:36 AM IST