The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,12,990
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,13,990
In the short-term, however, further heightened volatility can not be ruled out, especially due to geopolitical factors and US CPI data
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,14,640
While the sales of electronics, including iPhones, surged 500 per cent, gold and silver coins reported a staggering 1000 per cent rise compared to last year
The price of 22-carat gold also decreased by ₹10, with ten grams of the yellow metal selling at ₹1,15,390
The price of 22-carat gold also decreased by ₹10, with ten grams of the yellow metal selling at ₹1,19,790
Gold and silver sales alone are estimated at ₹60,000 crore; strong demand for Indian-made products boosts festive spending
Traders described a growing panic as liquidity dried up. The cost of borrowing silver overnight soared to annualised rates of as high as 200%, according to consultancy Metals Focus
Silver prices are skyrocketing, imports are plunging, and India’s silver market is in turmoil.
The price of 22-carat gold also decreased by ₹10, with ten grams of the yellow metal selling at ₹1,19,940
The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,21,710
London market tightness is expected to ease as silver starts flowing from New York. However, demand remains quite strong as reflected by huge ETF inflows
The price of 22-carat gold also fell by ₹10, with ten grams of the yellow metal selling at ₹1,18,640
Just as domestic investors aren't married to one stock forever, foreign investors too assess all markets and make tactical shifts, says Ambani
MOFSL suggests that investors can use ETFs for steady exposure, while traders may use MCX futures tactically to take advantage of short-term price movements
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Spot gold was up 1.9% to $4,093.39 per ounce, as of 10:04 a.m. ET (1404 GMT), after hitting a record $4,096.35/oz