The price of 22-carat gold also stumbled ₹10, with ten grams of the yellow metal selling at ₹92,340
The price of 22-carat gold also climbed ₹10, with ten grams of the yellow metal selling at ₹92,350
The price of 22-carat gold also climbed ₹10, with ten grams of the yellow metal selling at ₹92,660
The government has imposed import curbs on certain colloidal precious metals, with an aim to check the illegal inflow of gold into India in liquid form. Colloidal precious metals are suspensions of gold or silver nanoparticles dispersed in a liquid. According to industry experts, some importers were using this route for imports from countries like Thailand. "The import policy of items covered under CTH 2843 is revised from free to restricted with immediate effect," the directorate general of foreign trade said in a notification. Goods under this number include colloidal precious metals; inorganic or organic compounds of precious metals. In a separate notification, the Directorate said that the import of Palladium, Rhodium and Iridium alloy consisting of gold more than one per cent by weight is restricted. Gold imports in April-May this fiscal year dipped by 3.82 per cent to USD 5.64 billion.
The price of 22-carat gold also fell ₹10, with ten grams of the yellow metal selling at ₹92,510
The price of 22-carat gold also fell ₹10, with ten grams of the yellow metal selling at ₹93,040
The price of 22-carat gold also fell ₹10, with ten grams of the yellow metal selling at ₹93,190
The price of 22-carat gold also fell ₹10, with ten grams of the yellow metal selling at ₹91,010
Traders use the ratio of the price of gold to silver as a thumb-rule to judge relative valuations of the two precious metals
The price of 22-carat gold also fell ₹10, with ten grams of the yellow metal selling at ₹90,210
With silver outperforming gold and industrial demand rising, silver ETFs have drawn higher inflows than gold ETFs for three consecutive months, Amfi data shows
Silver price outlook: On June 10, the white metal closed with a loss of 0.40 per cent at $36.59 as investors waited for US-China trade talk outcome
The price of 22-carat gold also fell ₹10, with ten grams of the yellow metal selling at ₹89,440
The price of 22-carat gold also fell ₹10, with ten grams of the yellow metal selling at ₹89,540
Silver prices soared Rs 1,000 to hit a fresh peak of Rs 1,08,100 per kilogram in the national capital on Monday, in line with firm global cues, according to the All India Sarafa Association. On Saturday, the metal traded flat at Rs 1,07,100 per kg (inclusive of all taxes). Prior to that, the white metal on Friday had soared Rs 3,000 to hit another record high of Rs 1,07,100 per kilogram. Traders said silver prices surged due to strong investor demand, a weak dollar against major currencies, heightened geopolitical tensions, and firm industrial demand from the EV and solar sectors. Gold of 99.9 per cent purity fell Rs 280 to Rs 97,780 per 10 grams (inclusive of all taxes) on Monday. The precious metal had declined by Rs 1,630 to Rs 98,060 per 10 grams on Saturday. The yellow metal of 99.5 per cent purity dipped Rs 250 to Rs 97,350 per 10 grams (inclusive of all taxes). It had depreciated by Rs 1,500 to Rs 97,600 per 10 grams in the previous market close. Globally, spot gold rose ..
The price of 22-carat gold also fell ₹10, with ten grams of the yellow metal selling at ₹91,290
Spot gold fell 0.9 per cent to $3,347.79 an ounce, as of 12:12 p.m. EDT (1612 GMT) after trading 0.6 per cent higher earlier
Spot gold fell 0.9 per cent to $3,347.79 an ounce, as of 12:12 p.m. EDT (1612 GMT) after trading 0.6 per cent higher earlier.
The price of 22-carat gold declined ₹10, with ten grams of the yellow metal selling at ₹88,940
Silver rate today: Improvement in risk appetite due to President Trump delaying European tariffs and stabilising bond yields are likely to support Silver prices