Page 2 - India Gold Demand

Gold price dips ₹10 to ₹96,870, silver price falls ₹100 to ₹97,800

The price of 22-carat gold climbed ₹10, with ten grams of the yellow metal selling at ₹88,790

How to trade gold on Akshaya Tritiya? Praveen Singh of Mirae Asset suggests

The metal may test $3372-$3400 resistance zone. Upside is likely to be capped at $3400 in the short-term

How much should you allocate to gold in your portfolio this Akshaya Tritiya?

In early 1980, investors, according to Capitalmind, were inspired by the stellar returns of the 1970s. If they invested in gold back then, they would have faced two decades of negative returns.

Gold price climbs ₹10 to ₹1,01,360, silver declines ₹100 to ₹1,00,900

The price of 22-carat gold rose ₹10, with ten grams of the yellow metal selling at ₹92,910

Gold price dips ₹10 to ₹97,570, silver price falls ₹100 to ₹99,900

The price of 22-carat gold declined ₹10, with ten grams of the yellow metal selling at ₹89,440

Gold prices rise ₹10 to ₹96,180; silver up ₹100, trading at ₹100,100 today

The price of 22-carat gold rose ₹10, with ten grams of the yellow metal selling at ₹88,160

Gold price climbs ₹10 to ₹90,450, silver declines ₹100 to ₹92,900

The price of 22-carat gold rose ₹10, with ten grams of the yellow metal selling at ₹82,910

Gold dips Rs 10, silver down Rs 100; yellow metal trading at Rs 89,610

The price of 22-carat gold fell Rs 10, with ten grams of the yellow metal selling at Rs 82,140

Senco Gold pops 5% for 3rd straight day on promoter's acquisition of shares

As per disclosure made by Senco Gold to stock exchange, reveals that the promoters have bought 241,400 equity shares representing 0.15 per cent holding in the company via open market.

Senco Gold share slips 10% on heavy volumes; tanks 71% from October high

In past one month, the stock price of Senco Gold has slipped 36 per cent after the company had reported a weak operational performance in the December 2024 quarter.

Gold price rises Rs 10 to Rs 87,830, silver falls Rs 100 to Rs 99,200

The price of 22-carat gold rose Rs 10, with ten grams of the yellow metal selling at Rs 80,510

Safe-haven gold gains amid weak US dollar, Trump's tariff policies

Trump last week threatened China with an extra 10 per cent duty, set to take effect on Tuesday, resulting in a cumulative 20 per cent tariff

India's gold demand improves as prices retreat from all-time highs

India's gold imports are set to tumble 85 per cent in February from year ago levels to their lowest in 20 years

Gold dips Rs 10, silver down Rs 100; yellow metal selling at Rs 87,370

The price of ten grams of 24-carat gold in Mumbai, Kolkata, and Chennai stood at Rs 87,370

Gold jumps Rs 250 to Rs 89,350 per 10 gm amid rupee depreciation concerns

Gold prices jumped by Rs 250 to Rs 89,350 per 10 grams on Tuesday extending gains for the second day amid depreciation in rupee, according to the All India Sarafa Association. The gold of 99.5 per cent purity rose by Rs 250 to Rs 88,950 per 10 grams from the previous close of Rs 88,700 per 10 grams. On February 20, gold of 99.9 per cent and 99.5 per cent purity hit all-time highs of Rs 89,450 and Rs 89,050 per 10 grams, respectively. However, silver prices slipped below the Rs 1 lakh mark, falling by Rs 500 to Rs 99,500 per kg. "Silver fell due to weakness in the industrial metals and rebound in the dollar index. Global equity markets are also struggling due to Trump's tariff fears and pressure on industrial metals but reversal in the US Treasury yields could support silver prices at lower levels," Rahul Kalantri, VP Commodities at Mehta Equities Ltd, said. On Tuesday, the rupee fell sharply by 51 paise to settle at 87.23 (provisional) against the US dollar due to month-end dollar

Feb gold imports likely to tumble 85% at 20-year low on record high prices

India's gold imports in February are likely to fall to around 15 metric tonnes, the lowest for the month in at least two decades, from 103 tonnes in February, 2024

Amid strong global trends, gold jumps to all-time high of Rs 89,400

Gold price jumped by Rs 900 to revisit the all-time high of Rs 89,400 per 10 grams in the national capital on Wednesday amid strong global trends, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity had closed at Rs 88,500 per 10 grams in the previous trading session. On February 14, it rallied by Rs 1,300 to hit a lifetime high of Rs 89,400 per 10 grams in the local markets. So far this year, price of gold has surged Rs 10,010 or 12.6 per cent to Rs 89,400 per 10 grams as compared to Rs 79,390 grams on January 1. Additionally, the yellow metal of 99.5 per cent purity rallied by Rs 900 to reclaim its all-time high level of Rs 89,000 per 10 grams. It had closed at Rs 88,100 per 10 grams in the previous session. According to experts, gold extended its gain on Wednesday, buoyed by safe haven demand and persistent buying amid President Trump's new tariff threats, combined with rising geopolitical uncertainty. Silver price also increased by Rs 600

Gold imports jump 40.79% to $2.68 bn in Jan on increase in demand

The country's gold imports in January rose by 40.79 per cent to USD 2.68 billion on account of increasing domestic demands, according to commerce ministry data. Gold imports stood at USD 1.9 billion in January 2024. Cumulatively, imports during April-January this fiscal year rose 32 per cent to USD 50 billion against USD 37.85 billion in the same period last fiscal year. The increase in imports also indicates strong investor confidence in the precious metal as a safe asset. The other reasons include asset diversification towards gold due to global uncertainties, increasing demand from banks, and cut in customs duties. Prices of the yellow metal have increased 11 per cent so far this year to Rs 88,200 per 10 gram in the national capital. India's gold imports, which have a bearing on the country's current account deficit (CAD), surged 30 per cent to USD 45.54 billion in 2023-24. Switzerland is the largest source of gold imports, with about 40 per cent share, followed by the UAE (ov

Procedure laid out for filing applications for gold bullion import from UAE

The government on Wednesday laid out a procedure for filing applications of import of gold bullion at concessional duty in 2025-26 under a free trade agreement (FTA) with the UAE. The agreement, officially dubbed as Comprehensive Economic Partnership Agreement (CEPA), came into force on May 1, 2022. Under the agreement, India agreed to import up to 200 metric tonnes of gold annually from the UAE with a 1 per cent tariff concession under tariff rate quota (TRQ). The Directorate General of Foreign Trade (DGFT) in a trade notice said the last date for submitting the applications for 2025-26 is February 28 this year. The applicants will also have to indicate the purpose of gold import -- for manufacturing, trading or both. Besides they have to provide turnover details, it said, adding, "the modalities of allocation of 180 ton shall be decided by the special EFC (Exim Facilitation Committee) in its first meeting based on the information and details available before the committee". In

US demand squeezes India's gold supply, leasing rates rise to record high

Higher leasing rates are driving up jewellery production costs in the world's second-largest gold consumer and could squeeze margins of jewellers such as Titan, Kalyan Jewellers