Gold falls ₹2,400, silver drops ₹7,000 after record high amid Dhanteras buying spree| Business News

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 hit record high on Dhanteras, up by over ₹3,000 | Check today’s rates in your city

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 gold reserves top $100 billion on surging bullion prices, forex down| Business News

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 […]

Gold, silver prices hit records on US credit fears and ‘US-China trade war’| Business News

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 […]

Swiggy Instamart to deliver 1 gm gold to 1 kg silver on Dhanteras| Business News

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 […]

Gold price hits record high, silver price eases amid US Fed rate-cut, US-China trade woes| Business News

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 […]