Will Diwali bring shine in gold prices?
2 years, 2 months ago

Will Diwali bring shine in gold prices?

Live Mint  

Diwali — the festival of light — announces the arrival of time, when Indian households indulge in purchasing gold as it signifies eternity and purity. As per the data, gold has delivered average annual returns of around 10 per cent in the last 41 years period in rupee terms. Strong economic data from the US, especially the robust job growth and rising US bond yields have been the other key factors pushing gold prices lower. From a long-term perspective, accumulating gold in a staggered way first around the ₹49,500 per 10 gm mark and adding more if prices edge lower towards ₹48,800 per 10 gm area seems to be a prudent strategy, while keeping an eye on the crucial ₹47,000 per 10 gm support area. From a medium-term perspective, gold looks to deliver decent returns and embark on an upwards trajectory towards ₹53,700 per 10 gm initially and then ₹55,500 per 10 gm in the long run.

Gold Prices Price Rate 10 Gm  rising  markets  inflation  gm  shine  bring  prices  rate  value  price  returns  diwali  gold

History of this topic

Gold prices hit 2-week high at Rs 78,800/10 gms ahead of US inflation data
Trending News
1 week, 6 days ago

Gold prices hit 2-week high at Rs 78,800/10 gms ahead of US inflation data

India TV News  

Gold prices hit a two-week high of Rs 78,800 per ten grams after managing to cross this milestone in the last trading session. As of 10:09 am, February gold futures were trading at Rs 78,840 per 10 grams on the MCX, a rise of Rs 502 or 0.64% from the previous session’s close. Spot gold also climbed 0.2% to $2,698.47 …

Gold price today December 6: Check latest rates in Delhi, Chennai, Mumbai, Kolkata and other cities
2 weeks, 4 days ago

Gold price today December 6: Check latest rates in Delhi, Chennai, Mumbai, Kolkata and other cities

India TV News  

Gold prices on December 6: Gold prices experienced a slight uptick on Friday, with the cost of 24-carat gold in India reaching Rs 78,070.3 per 10 grams, marking an increase of Rs 1,300. On Thursday, Gold price surged to reclaim the Rs 79,000 level in the national capital due to fresh buying by jewellers and stockists, according to the All …

Gold price today November 28: Check latest rates in Delhi, Chennai, Mumbai, Kolkata and other cities
3 weeks, 5 days ago

Gold price today November 28: Check latest rates in Delhi, Chennai, Mumbai, Kolkata and other cities

India TV News  

Gold prices on November 28: Gold prices witnessed a modest increase on Thursday, offering a mixed outlook for investors and buyers. The price of 24-carat gold rose to Rs 7,769.3 per gram showing an uptick of Rs 290 compared to the previous rate. Meanwhile, Gold prices on Thursday declined Rs 141 to Rs 76,375 per 10 grams in futures trade …

Gold price today: Check price of 24 carat gold in metro cities?
Trending News
1 month ago

Gold price today: Check price of 24 carat gold in metro cities?

India Today  

Gold prices in India have been on the rise over the past few days, mirroring the trends in the international market. On Wednesday, gold prices climbed to a one-week-high, marking the third consecutive session of gains, with spot gold prices reaching $2,636.59 per ounce, their highest level since 11 November. GOLD AS A BUYING OPPORTUNITY The rise in gold prices …

Gold prices surge by ₹600 to ₹78,050 amid strong global trends; silver up ₹1,500
1 month ago

Gold prices surge by ₹600 to ₹78,050 amid strong global trends; silver up ₹1,500

Live Mint  

Gold prices rose ₹600 to ₹78,050 per 10 grams in Delhi on Tuesday, November 19, amid a strong global trend in the foreign markets, according to the All India Sarafa Association, reported the news agency PTI. The 99.5 per cent purity gold rose ₹600 to ₹77,650 per 10 grams, compared to ₹77,050 per 10 grams in the previous market session. …

Is it a good time to buy gold? 3 things you should know
1 month ago

Is it a good time to buy gold? 3 things you should know

India Today  

Gold prices in India have been on the rise over the past few days, showing upward movement in the market. The rise in gold prices is attributed to a softer US dollar and increased investor interest in safe-haven assets amid geopolitical and economic concerns. FACTORS INFLUENCING GOLD PRICES Geopolitical tensions - Jateen Trivedi, VP Research Analyst at LKP Securities, said …

Explained: Why Gold has become cheaper in India than in Gulf and Singapore
1 month, 1 week ago

Explained: Why Gold has become cheaper in India than in Gulf and Singapore

India Today  

Imagine planning a wedding or shopping for the festive season and discovering that gold prices in India are now cheaper than in the Gulf or even Singapore. Gold prices in India have become cheaper than in some traditional gold-buying destinations, like the United Arab Emirates, Qatar, Oman, and Singapore. GOLD PRICES IN INDIA AND ABROAD The price of 24K gold …

Gold, Silver Sales Jump Post-Diwali
1 month, 1 week ago

Gold, Silver Sales Jump Post-Diwali

Deccan Chronicle  

Chennai: In a rarity, bullion market is witnessing a surge in demand post-Diwali. With gold and silver prices witnessing a significant correction in the past few days, retailers are seeing demand for jewellery as well as coins going up, while the trade has started importing the precious metals more. Gold, which was trading at Rs 79,775 per 10 gm as …

Silver Takes the Spotlight: Why Demand Outshines Gold This Festive Season
1 month, 3 weeks ago

Silver Takes the Spotlight: Why Demand Outshines Gold This Festive Season

Firstpost  

The Indian market has witnessed a surge in silver sales during the Diwali festive season, surpassing gold for the first time this year. Silver sales have soared by 30-35%, despite a 40% price increase, while gold sales have declined by 15%. This trend is attributed to several factors, including the increasing popularity of silver in the electric vehicle (EV) sector, …

India's Gold Rush: 51% More Than China in 3 Months
Trending News
1 month, 3 weeks ago

India's Gold Rush: 51% More Than China in 3 Months

Firstpost  

India's gold buying surge has been driven by a combination of factors, including the easing of import duties, revenge buying, and wedding and festive demand. The country's demand for gold has surged by 51% in the past three months, with Indians purchasing 248.3 tonnes of gold during July-September 2024. This surge has placed India as the largest gold importer in …

The Allure of Silver: Why This Festive Season, Invest in the Shine of Silver
Trending News
1 month, 3 weeks ago

The Allure of Silver: Why This Festive Season, Invest in the Shine of Silver

Live Mint  

Silver presents a compelling investment opportunity this Dhanteras due to its strong industrial demand, supply limitations, and increasing use in green technologies. With inflation levels touching an all-time high and rising global uncertainties, the value of silver could appreciate significantly making it a good buy this festive season.

Silver Price Outperforms Gold in Samvat 2081: What Should You Invest In?
Trending News
1 month, 3 weeks ago

Silver Price Outperforms Gold in Samvat 2081: What Should You Invest In?

Live Mint  

Gold and silver prices are currently trading near record highs amid the Diwali festive season. While gold has delivered a substantial return of over 33.5% since Dhanteras last year, rising by more than ₹20,000 per 10 grams, silver prices have outperformed gold over the same period, with a remarkable rally exceeding 40.5%. Experts expect both gold and silver to continue …

Gold Prices Soar as Festive Season Intensifies
Top News
1 month, 3 weeks ago

Gold Prices Soar as Festive Season Intensifies

ABP News  

Gold prices are soaring in India, with the rate of 24-carat gold reaching Rs 80,000 per 10 grams. This surge is driven by heightened geopolitical tensions and increased market interest. Silver prices have also seen an upward trend, reaching Rs 98,980 per kilogram. City-wise, prices are highest in Mumbai, followed by Delhi, Kolkata, and Chennai.

Gold Rush: Indian Buyers Continue to Pour Money into Bullion Amid Record Prices
Trending News
1 month, 3 weeks ago

Gold Rush: Indian Buyers Continue to Pour Money into Bullion Amid Record Prices

Live Mint  

Indian buyers are continuing their festive gold buying spree, with record high prices driving demand. Robust demand for imports of gold could further support global prices, which hit record highs last week. Rising demand for imports of gold could also widen India's trade deficit and put pressure on the rupee.

Gold Rush for Dhanteras 2024: Trends and designs to look out for this festive season
1 month, 3 weeks ago

Gold Rush for Dhanteras 2024: Trends and designs to look out for this festive season

Hindustan Times  

The article highlights the trend of gold jewellery for Dhanteras 2024, focusing on lightweight and sleek designs. It emphasizes the importance of traditional motifs with a modern touch, with designs like floral patterns, layered necklaces, and statement earrings gaining popularity. The article also explores the inclusion of colour and character into the traditional yellow metal, with designs like coloured stones …

The Significance of Buying Gold During Dhanteras and Diwali
1 month, 3 weeks ago

The Significance of Buying Gold During Dhanteras and Diwali

Live Mint  

People buy gold on Dhanteras primarily due to its auspiciousness, as this festival marks the beginning of Diwali and is believed to bring prosperity and good fortune. Gold purchases are a way to seek blessings for the coming year, with it being viewed as a stable investment and a status symbol. Additionally, the robust rally in international and domestic gold …

Gold Prices Soar, But Experts Say It's Still a Wise Investment for Dhanteras
1 month, 3 weeks ago

Gold Prices Soar, But Experts Say It's Still a Wise Investment for Dhanteras

Firstpost  

Despite soaring gold prices, experts recommend that people buy gold this Dhanteras. Despite the high prices, gold is seen as a safe investment during volatile times like these, amid the ongoing Israel war in Gaza and Hezbollah in Lebanon. The value of gold has also risen tremendously, with domestic gold prices surging more than 23 per cent in 2024 alone. …

Silver Prices Soar, Outperforming Gold in the Next 12-15 Months
1 month, 3 weeks ago

Silver Prices Soar, Outperforming Gold in the Next 12-15 Months

Live Mint  

Silver prices are expected to reach ₹1.25 lakh in the next 12-15 months, potentially outperforming gold. According to Motilal Oswal Financial Services Ltd (MOFSL), silver prices can reach ₹1,25,000 on MCX and $40 on COMEX in the next 12 to 15 months, potentially outperforming gold prices in the medium to long term.

Best Time to Buy Gold and Silver on Dhanteras 2024: Check Gold Price Before Diwali
Trending News
1 month, 3 weeks ago

Best Time to Buy Gold and Silver on Dhanteras 2024: Check Gold Price Before Diwali

India TV News  

Dhanteras 2024: The best time to buy gold and silver is between 10:31 am and 1:15 pm on October 30. Experts recommend buying during this period as it is considered auspicious. The auspicious time for buying gold or silver on Dhanteras day is from 12:01 am on October 29 midnight to 2:45 am late night on October 30.

Best Time to Buy Gold and Silver on Dhanteras: A Guide for Prosperity and Wealth
1 month, 3 weeks ago

Best Time to Buy Gold and Silver on Dhanteras: A Guide for Prosperity and Wealth

India Today  

The article discusses the best time to buy gold and silver on Dhanteras, the first day of the Diwali festival. According to the article, the muhurat for buying metals begins on October 29 at 10:31 a.m. and extends until 1:15 p.m. on October 30. The peak muhurat falls between 12:01 a.m. and 2:45 a.m. on October 29, making it an …

Investing in Gold ETFs: A Convenient and Cost-Effective Option for Dhanteras
Trending News
1 month, 4 weeks ago

Investing in Gold ETFs: A Convenient and Cost-Effective Option for Dhanteras

Live Mint  

The article discusses the advantages and disadvantages of buying physical gold versus gold ETFs. While physical gold is a traditional investment with some utility, it is not the most convenient option due to high fees and the risk of fake gold. Gold ETFs offer greater convenience and lower costs, making them a better choice for investors looking to buy and …

The Timeless Appeal of Gold: A Guide to Buying on Dhanteras 2024
Trending News
1 month, 4 weeks ago

The Timeless Appeal of Gold: A Guide to Buying on Dhanteras 2024

Live Mint  

Dhanteras is a day of cultural and financial significance in India, with gold purchases being considered a way to invite wealth and prosperity. The article explores the historical and financial reasons why buying gold on Dhanteras is an excellent investment. It emphasizes the cultural and religious beliefs that drive gold purchases, as well as the long-term stability and global acceptance …

Gold Prices Soar to New Heights in Dhanteras and Diwali, Touching ₹80,000 per 10 Grams
1 month, 4 weeks ago

Gold Prices Soar to New Heights in Dhanteras and Diwali, Touching ₹80,000 per 10 Grams

Hindustan Times  

Gold prices have surged nearly 30% this year during Dhanteras and Diwali, reaching a record high of ₹80,000 per 10 grams. This surge is attributed to several factors, including geopolitical tensions like the Russia-Ukraine war and the Israel-Gaza conflict, as well as China's central bank's decision to reduce its 1-year and 5-year prime loan rates by 25 basis points.

Unlock the Value of Your Gold: How Today's Gold Rate Can Brighten Your Diwali Festivities
2 months ago

Unlock the Value of Your Gold: How Today's Gold Rate Can Brighten Your Diwali Festivities

The Hindu  

Gold rates in Delhi and Pune are expected to rise, offering significant financial benefits for those looking to invest or take gold loans. The article highlights the importance of monitoring the current gold rate to ensure maximum value for their gold jewellery. It recommends choosing trusted and institutional lenders like Bajaj Finance for the best loan options and transparent evaluation …

Gold Prices Cross Rs 80,000 For First Time in History: Check 24 Carat Gold Rate in Your City on October 23
Top News
2 months ago

Gold Prices Cross Rs 80,000 For First Time in History: Check 24 Carat Gold Rate in Your City on October 23

News 18  

Gold prices in India reach new highs, crossing the Rs 80,000 mark for the first time ever. The price of 24-carat gold stands at Rs 80,220 per 10 grams, while 22-carat gold is priced at Rs 73,550 per 10 grams. Silver prices also reach new highs, trading at Rs 1,04,000 per kilogram. The rising prices are driven by uncertainty surrounding …

Mint Quick Edit | All that’s gold needn’t glitter: There’s paper gold
2 months, 4 weeks ago

Mint Quick Edit | All that’s gold needn’t glitter: There’s paper gold

Live Mint  

Not just equity but even gold investors are having a field day, with the price of the yellow metal hitting record highs. The large stimulus announced by China’s central bank is seen to have a role in the rise, as also uncertainty brought by intensifying hostilities in West Asia. Softening US Treasury yields after the US Federal Reserve’s rate cut …

Gold Crosses Rs 76,900: Why Are Prices Rising? How Far Will It Rise This Diwali?
3 months ago

Gold Crosses Rs 76,900: Why Are Prices Rising? How Far Will It Rise This Diwali?

News 18  

The upward trend in gold prices is continuing and the price of gold has already crossed Rs 76,000 in this Pitru Paksha. Amidst the rise in gold prices in the international market, the price of gold in the bullion market of Delhi rose by Rs 600 to Rs 76,950 per 10 grams on Monday. “Gold prices have increased by 27 …

High Prices Lead To 5% Decline In India's Gold Demand For June Quarter: Report
4 months, 3 weeks ago

High Prices Lead To 5% Decline In India's Gold Demand For June Quarter: Report

News 18  

India’s gold demand declined 5 per cent to 149.7 tonnes during the June quarter, due to record high prices, the World Gold Council said in a report on Tuesday. Sachin Jain, CEO, WGC Regional, India, said, “India’s gold demand softened slightly in the second quarter of 2024, reaching 149.7 tonnes, down 5 per cent year-on-year. Further, the report said the …

Gold, Silver Prices Today: Check Latest Bullion Rates In Your City on July 27
4 months, 3 weeks ago

Gold, Silver Prices Today: Check Latest Bullion Rates In Your City on July 27

News 18  

Gold Rate Today In India: On July 27, gold prices in India fell and continued to trade below Rs 70,000 per 10 grams. The basic customs duty on coins of precious metals, gold/silver findings, and gold and silver bars was reduced to 6 per cent from 15 per cent. Gold rate today in India: Retail gold price on July 28 …

India's gold demand cools post-festival as prices surge and RBI hits record reserves
6 months ago

India's gold demand cools post-festival as prices surge and RBI hits record reserves

Hindustan Times  

The World Gold Council has released its latest update on India's gold market, highlighting a period of subdued demand following the festival-driven surge in purchases. The international gold scenario After reaching an all-time high in mid-May, international gold prices saw a minor correction but still closed the month with a 1 per cent increase, settling at USD 2,343 per ounce. …

Gold and silver prices on May 29 | Check latest rates in your city
6 months, 3 weeks ago

Gold and silver prices on May 29 | Check latest rates in your city

India TV News  

Gold and silver prices: The price of 24-carat gold went up by Rs 10, with 10 grams of the precious metal trading at Rs 72,940 on Wednesday. City-wise rates of 24 carat gold per 10 gram and Silver 999 Fine per 10 gram today New Delhi: Gold prices: 72,410 Silver: 95,780 Mumbai: Gold: 72,530 Silver: 95,940 Chennai: Gold: 72,740 Silver: …

Gold and silver prices on May 28: Check city-wise rates
6 months, 3 weeks ago

Gold and silver prices on May 28: Check city-wise rates

India TV News  

The Gold prices went up on Tuesday. The cost of 24 carat gold is Rs 72,390.00 per 10 grams, which is up by Rs 30 at 11.05 am since yesterday. City-wise rates of 24 carat gold per 10 gram and Silver 999 Fine per 10 gram today New Delhi: Gold prices: 72,130 Silver: 946 Mumbai: Gold: 72,260 Silver: 948 Chennai: …

China influencing global gold prices with robust demand
7 months, 2 weeks ago

China influencing global gold prices with robust demand

Hindustan Times  

Amid geopolitical and economic uncertainties, gold has emerged as a favored investment, witnessing a significant price surge triggered by Russia's invasion of Ukraine and the conflict between Israel and Palestine. China's already substantial impact on gold markets has become even more pronounced during this recent bullish trend, marked by a nearly 50 per cent surge in global prices since late …

Gold prices: Precious metal rates stabilised, hovering around ₹72,000 per 10 gram; Is it right time to invest?
8 months ago

Gold prices: Precious metal rates stabilised, hovering around ₹72,000 per 10 gram; Is it right time to invest?

Live Mint  

Gold prices stabilized as concerns over tensions in the Middle East diminished, with investors gearing up for forthcoming U.S. economic data expected later in the week, on Wednesday. According to reports, in a span of only 10 days, gold prices have seen a significant decline of ₹2,900, now standing at ₹71,065 per 10 grams compared to the recent peak of …

Gold demand in India may hit 900 tonnes this year
10 months, 1 week ago

Gold demand in India may hit 900 tonnes this year

Live Mint  

The demand for gold in India, which has been in the range of 700-800 tonnes annually since 2019, is expected to increase to 800-900 tonnes in the calendar year 2024 on the back of robust economic growth and higher income, Somasundaram P.R., managing director at the World Gold Council, told Mint. However, a pick up in the purchase of gold …

Gold prices at ₹5,770 per gram, silver prices unchanged on Jan 13
11 months, 1 week ago

Gold prices at ₹5,770 per gram, silver prices unchanged on Jan 13

Hindustan Times  

Gold prices on Saturday remained at ₹5,770 per gram for 22K gold and ₹6.295 per gram for 24K gold. Here are gold prices for five major Indian cities on January 13, 2024: Today Gold Price, Silver Price: Gold Rate and along with other precious metal prices in India on Thursday, Nov 04, 2021 CITY 22K GOLD PRICE 24K GOLD DELHI …

Gold vs silver: Which is better for Diwali 2023 Muhurat trading — explained
1 year, 1 month ago

Gold vs silver: Which is better for Diwali 2023 Muhurat trading — explained

Live Mint  

Diwali 2023 Muhurat trading: In India, new investments on Diwali is considered auspicious as it is believed that such investments bring prosperity and sound financial condition. Even though Indian millennials have strated investing in various other tools like properties, mutual funds, bonds, etc on Diwali, gold and silver still score over these investment options by huge margin. However, silver has …

Diwali 2023: Gold to glitter, base metals may struggle, says Jigar Trivedi
1 year, 1 month ago

Diwali 2023: Gold to glitter, base metals may struggle, says Jigar Trivedi

Live Mint  

Samvat 2080: Gold prices are expected to rally further while silver may continue its outperformance over the yellow metal in the new Samvat year 2080, said Jigar Trivedi, Senior Research Analyst - Currencies & Commodities, Reliance Securities. In the commodities market, Trivedi believes the fundamentals for precious metals like gold and silver are positive, while demand concerns may loom over …

India sees brisk gold sales on pre-Deepavali Dhanteras festival
1 year, 1 month ago

India sees brisk gold sales on pre-Deepavali Dhanteras festival

The Hindu  

Pre-Deepavali Dhanteras buying of gold and silver in India, the world's largest gold consumer, kick-started on a positive note on Friday on recovery of consumer demand with the softening of gold prices. Gold prices have fallen by ₹800-1,500 per 10 gram from the peak ₹63,000-level on October 28 and this has evoked buying on Dhanteras, considered the most auspicious day …

Column | How Bollywood has depicted the festival of Diwali over the years
1 year, 1 month ago

Column | How Bollywood has depicted the festival of Diwali over the years

The Hindu  

Symbolically speaking, Diwali has always stood for homecoming. But more importantly, some of the most successful and talked-about Bollywood films of the past few decades have interpreted Diwali’s ‘homecoming’ theme in several different ways. Karan Johar, Bollywood’s reigning overlord of bling, chose to shoot Shah Rukh Khan’s literal homecoming scene in the 2001 blockbuster Kabhi Khushi Kabhie Gham against the …

Gold ends four-day losing streak, gains Rs 250 amid strong global cues on Dhanteras
1 year, 1 month ago

Gold ends four-day losing streak, gains Rs 250 amid strong global cues on Dhanteras

India TV News  

Amid strong global cues, gold prices recovered sharply by Rs 250 to Rs 61,200 per 10 grams in Delhi on Friday - ending its four-day losing streak on Dhanteras. "Gold prices rose on Friday, with spot gold prices in the Delhi markets trading at Rs 61,200/10 grams, up by Rs 250 against the previous close," HDFC Securities' Senior Analyst of …

Is buying gold coin each year on Dhanteras a good idea?
1 year, 1 month ago

Is buying gold coin each year on Dhanteras a good idea?

Live Mint  

For gold investors, the precious metal has proved to be a satisfactory investment over the past decade. In the case of physical gold, which is the most common form of gold people buy during Dhanteras festival, net returns are lower. If you bought one 10 gm 22 karat gold coin each year on Dhanteras in the last six years, your …

Gold vs real estate: The golden debate over investment options this Dhanteras
1 year, 1 month ago

Gold vs real estate: The golden debate over investment options this Dhanteras

Live Mint  

Dhanteras 2023: Real estate has always been considered an investment option that provides security to the investor. Unlike gold, which can be affected by market volatility and economic uncertainties, real estate properties tend to appreciate over time, providing a stable and reliable investment option, added Mittal. Real estate investments can diversify an individual's investment portfolio, spreading the risk across different …

Will gold continue to shine? Depends on what India does this festive season
1 year, 1 month ago

Will gold continue to shine? Depends on what India does this festive season

Firstpost  

Gold prices near record highs could dampen demand in India during the peak festival season and lead to the lowest purchase volumes in three years, the World Gold Council said on Tuesday Gold prices near record highs could dampen demand in India during the peak festival season and lead to the lowest purchase volumes in three years, the World Gold …

Gold Gives 17.45 percentage Returns Since Last Diwali
1 year, 2 months ago

Gold Gives 17.45 percentage Returns Since Last Diwali

Deccan Chronicle  

Chennai: Gold has appreciated 17.45 per cent in the Indian market since last Diwali and this is the highest gain since 2020. Compared to the Diwali gold rate of Rs 29,871 in 2013, the metal has appreciated 99 per cent in 2023, doubling in 10 years. In the last 10 years, silver prices during the Diwali time have appreciated 46 …

Digital Gold vs Insurance: Where to Invest Your Festive Bonus?
1 year, 2 months ago

Digital Gold vs Insurance: Where to Invest Your Festive Bonus?

The Quint  

Dhanteras is one of the most auspicious occasions in the Hindu calendar. For long, Indians have favoured investing in physical gold coins and bars due to the high appreciation value of the yellow metal over the years. According to information from the Indian Post Gold Coin Services, about seven decades ago in the late 1940s, 10 kilos of gold cost …

Gold, silver prices on April 21: Check latest rates in your city
1 year, 8 months ago

Gold, silver prices on April 21: Check latest rates in your city

Hindustan Times  

Ahead of Akshaya Tritiya festival on April 22, the gold and silver prices remained unchanged on Friday, with a gram of 22 carat gold priced at ₹5,585, Goodreturns website reported. Meanwhile, eight grams and 10 grams of 22 carat gold would cost ₹44,680 and ₹55,850 respectively. The price of 24 carat gold also remained unchanged on Friday. CITY GOLD 22 …

Gold prices to hit new high in current scenario? Here’s why
1 year, 8 months ago

Gold prices to hit new high in current scenario? Here’s why

Live Mint  

Gold prices plunged on Wednesday as easing in contagion worries in the banking system sparked bets for riskier assets and hence recorded low demand. Debajit Saha, lead analyst at Refinitiv Metals said, “The sudden rise in gold prices, primarily caused by the collapse of two regional banks in the US, and followed by the crisis in a Swiss bank and …

Gold prices takes a dip: Investors brace for impact of stronger dollar and hawkish fed
1 year, 10 months ago

Gold prices takes a dip: Investors brace for impact of stronger dollar and hawkish fed

India TV News  

Gold prices today: On the Multi Commodity Exchange, gold futures began trading at Rs. Gold prices have come under pressure in recent weeks, as the strength of the US dollar and the risk of a more hawkish monetary policy stance from the Federal Reserve have led investors to reduce their exposure to the precious metal. At the same time, the …

Gold rates today at life-time high after budget 2023 proposal. Buy or hold?
1 year, 10 months ago

Gold rates today at life-time high after budget 2023 proposal. Buy or hold?

Live Mint  

Gold rates today climbed to a new life-time high of ₹58,060 per 10 gm on Multi Commodity Exchange. Highlighting the connect between the gold price rise and FM Sitharaman's budget speech, commodity market experts said that gold price today hit new high because of the budget proposals to increase the import duty on silver Dore, bars and articles to align …

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