Inbound shipments fell to 1.3 tonnes last month from 105.8 tonnes a year earlier, according to a person familiar with the data
A senior NSE official says exchange has approached Sebi to allow liquidity enhancement scheme, or market making, to attract volumes
The price of 22-carat gold is about Rs 45,300 in New Delhi per 10 gram while in Chennai, the price is at Rs 44,560. In Mumbai, it is Rs 45,100
Gold price today: The price of 22-carat gold is about Rs 45,600 in New Delhi per 10 gram while in Chennai, the price is at Rs 44,310
The outperformance in Silver is because it could benefit from optimism about increased industrial demand as economies reopen following the COVID-19 pandemic
WGC said India's cultural identity is greatly intertwined with gold which is widely referenced in ancient scripts
Record sale by value attributable to the high price of the metal in Indian markets.
60% of Indian women already own gold jewellery, the most popular item among 'fashion and lifestyle' shoppers after designer clothes and silk sarees.
Retailes in Delhi NCR fix non-hallmarked buying price at Rs 36,000 per 10 grams
According to reports, official gold reserves in India totaled 653 tonnes at the end of March 2020, while those in Saudi totaled 323 tonnes.
If 3% GST is considered, price is just Rs 1,715 away from Rs 50,000 per 10 gram; Silver hits Rs 45,035 a kg, up Rs 2,050 from yesterday
Gold is trading in 'buy on dips' environment
To use it as collateral, along with forex reserves, to print currency
Zero making charges may not work any more; store sales to be impacted as consumers buy online
Silver on the hourly chart is trading in a symmetrical triangle pattern with a breakout above 43,300 and breakdown below 42,200
Investment demand, though lower by 17%, was relatively better as sentiments towards equities turned negative and investors turned to gold's liquidity and safe haven status
Record high local prices, coupled with short-term pressure on household finances, could encourage people to sell gold
Jewellers in Mumbai's largest gold market, Zaveri Bazar, will offer online jewellery sale on Akshaya Tritiya
The Rupee is finding resistance around 77.06 and upside momentum will continue above that level
As many as 1,005 rural and 1,280 urban investors were surveyed