The government on Thursday said from November 5, the fourth phase of mandatory hallmarking of gold jewellery and gold artifacts was started, covering an additional 18 districts. Since the launch of mandatory hallmarking on June 23, 2021, over 40 crore gold jewellery items have been hallmarked with a unique ID, ensuring greater trust and transparency…
Gold prices continued their weak trend in the global markets and shed $15 an ounce to close at $2,559 an ounce. Gold prices dipped ₹360 per 10 grams on Thursday to ₹74,900 against ₹75,260 logged on Wednesday, according to the Indian Bullion and Jewellers Association of India data. From the recent high of ₹79,557 on…
Gold prices contained their weak trend in the global markets and shed $15 an ounce to close at $2,559 an ounce. Gold prices dipped ₹360 per 10 grams on Thursday to ₹74,900 against ₹75,260 logged on Wednesday, according to the Indian Bullion and Jewellers Association of India data. From the recent high of ₹79,557 on…
After rallying relentlessly over the last few weeks, gold prices are on a slippery path as the rupee has weakened against the dollar. It is one of the few occasions when all the competing asset classes — equity, gold and rupee — are on a downslide on the back global uncertainty and weakening domestic economic…
After rallying relentlessly over the last few weeks, gold prices are on a slippery path as the rupee has weakened against the dollar. It is one of the few occasions when all the competing asset classes — equity, gold and rupee — are on a downslide on the back global uncertainty and weakening domestic economic…
Gold prices fell for a second straight session on Monday, while investors prepared for U.S. economic data and comments from Federal Reserve officials this week for more clarity on the future direction of U.S. interest rates. Spot gold dropped 0.5 per cent to $2,669.22 per ounce, as of 0306 GMT. U.S. gold futures fell 0.7…
Gold fell at the end of a volatile week’s trading, as investors assessed the path ahead for US rates and the implications of Donald Trump’s election victory. Bullion declined by as much as 1% Friday, on track for its biggest weekly fall since May. The precious metal had gained Thursday, after the Fed cut rates…
Gold, in terms of dollars, was down 0.5 per cent last week as it closed at $2,735 per ounce on Friday. Silver lost 3.9 per cent and ended the week at $32.4 an ounce. In the domestic market, gold futures (₹78,867 per 10 gm) was up 0.4 per cent and silver futures (₹95,483 per kg)…
Gold prices traded flat at ₹82,400 per 10 grams while silver prices dropped by ₹1,500 per kg in the national capital on Thursday, according to the All India Sarafa Association. The precious metal had rallied ₹1,000 to breach the ₹82,000 per 10 grams level for the first time in Delhi on Wednesday. Gold of 99.5…
Gold demand in the September quarter increased 18 per cent to 248 tonnes, up from the 210 tonnes logged in the same period last year. This was due to a sharp fall in prices after the government halved the import duty. In value terms, it jumped 54 per cent to ₹1.65 lakh crore (₹1.07 lakh…
