Gold and silver prices returned to a rally on Diwali day after a break over the Dhanteras weekend, according to data from the Multi Commodity Index. Gold and silver prices have rallied in India on festive demand and strong global cues around Trump’s tariff war. (Bloomberg) MCX Gold price rose as much as 0.97% to […]
Gold prices fell by ₹2,400 to ₹1,32,400 per 10 grams in Delhi on Saturday, retreating from record highs even as buyers thronged jewellery stores on the occasion of Dhanteras, marking the beginning of the Diwali festival season. Gold and silver jewellery, utensils, kitchenware, vehicles, clothing, electronics, and more witness substantial sales during Dhanteras. (ANI) According […]
Gold prices are skyrocketing amid the ongoing festive season, with premiums in India hitting another record high at ₹1,32,953 on Saturday, on the occasion of Dhanteras. On Saturday, 24-carat gold stood at ₹1,32,953 per 10 grams, up by ₹3,350, while the 22-carat gold rate was priced at ₹1,21,883 per 10 grams. (PTI) People are willing […]
India’s gold reserves crossed the $100 billion mark for the first time, according to the Reserve Bank of India’s latest forex reserves data, buoyed by a global gold price rally. The gold’s share in India’s forex reserves has almost doubled over the past decade—from below 7% to nearly 15%. (Bloomberg) RBI’s gold reserves rose by […]
While gold price is smashing records globally, Indians are now willing to pay so much more for access to physical gold on Dhanteras and Diwali that premiums have risen to their highest level in more than a decade. Gold prices in India hit a record high of ₹1,31,699 per 10 gm this week. (Bloomberg) Gold […]
Prices of gold and silver rose to records as fears about credit quality in the US economy and a “US-China trade war” called out by President Donald Trump strengthened demand for havens. Some traders to book cargo slots on transatlantic flights for silver bars—an expensive mode of transport typically reserved for gold—to profit off higher […]
Gold holds a unique place in Indian households—both as a cultural symbol and as a hedge against uncertainty. With Diwali and Dhanteras around the corner, many will look to buy gold for ritual or gifting. Dhanteras is the time to buy gold but a smart investor would do well to treat bullion less as tradition […]
Swiggy Instamart will deliver 1 gm gold to 1 kg silver at your doorstep within 10-15 minutes on Dhanteras day, adding yet another chapter to how quick commerce has evolved in the world’s fourth largest economy. Swiggy Instamart’s gold and silver delivery is limited to key metro cities only. (Representative Image/Bloomberg) The quick-commerce unit of […]
The gold price rose to a record as heightened US-China frictions and bets that the US Federal Reserve will press on with monetary easing through the end of the year supported demand. Gold price has risen about 5% so far this week and touched a peak above $4,227 an ounce amid a “US-China trade war” […]
Gold prices rose to a fresh record to just shy of the $4,200-per-ounce levels on Wednesday, after Jerome Powell hinted at more US Fed rate cuts and amid US-China trade war. The safe-haven gold has gained 59% year-to-date, driven by multiple factors. (Reuters) Spot gold was up 0.9% at $4,178.15 per ounce, as of 0448 […]