Tag: gold

India's gold imports to plunge in December after record November
Posted in Economy

India’s gold imports to plunge in December after record November

India’s gold imports are poised for a sharp slowdown in December following record purchases in November, in the absence of any major festival and as…

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Ahead of the Federal Reserve and other major central banks' interest-rate announcements, gold prices stayed stable as traders exercised caution.(AFP)
Posted in Business

Gold steady as traders await central banks’ rate decisions

Dec 17, 2024 07:45 AM IST Gold remains steady at $2,650 amid cautious trading ahead of key interest rate decisions by central banks. Gold was…

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Today Gold Price, Silver Price: Gold Rate and along with other precious metal prices in India on Wednesday, Nov 03, 2021
Posted in Business

Gold loans may soon come with EMI plans after RBI flags irregularities: Report

Banks and gold loan companies are planning to introduce monthly amortisation plans after the Reserve Bank of India (RBI) pointed out deficiencies in gold loan…

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The Reserve Bank of India (RBI) seal is pictured on a gate outside the RBI headquarters in Mumbai, India, February 2, 2016.(Danish Siddiqui/Reuters)
Posted in Business

RBI’s Diwali mission: Secretly get 102 tonnes of gold from England to India

Oct 31, 2024 09:42 AM IST The RBI held 854.73 metric tonnes of gold in both domestic and overseas storage facilities, with 510.46 metric tonnes…

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RBI's investment in gold rises faster than in securities
Posted in Economy

RBI’s investment in gold rises faster than in securities

The Reserve Bank of India’s gold holdings have increased at double the pace of its investments in US treasuries this year reflecting the central bank’s…

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Hindu devotees buy gold and silver items of Dhanteras.(Reuters)
Posted in Business

Dhanteras Muhurat: Best time to buy gold and silver as per city-wise Shubh Muhurat

Oct 29, 2024 01:11 PM IST Dhanteras Muhurat: It is a tradition to purchase precious metals like gold and silver during Dhanteras, the first day…

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Spot gold prices declined by 0.48% to <span class=
Posted in Business

Gold prices drop 0.48% a day before Dhanteras, US dollar rise and macro data contribute to decline

Oct 28, 2024 10:32 AM IST Spot gold prices declined by 0.48% to ₹77,622.00 per 10 grams around 10 am IST on Monday, October 28,…

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Gold jewellery kept on display inside a shop in Kolkata on July 23, 2024.(Dibyangshu Sarkar/AFP)
Posted in Business

Gold prices during Dhanteras and Diwali surged nearly 30% this year, find out why

Gold prices on the occasions of Dhanteras and Diwali have gone up nearly 30% over the last one year and now stands at a little…

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Gold's record highs were driven by geopolitical tensions and US election concerns, but profit-taking led to a decline. Silver briefly rose to a 2012 high before retreating. Central bank buying and anticipated rate cuts are fueling gold's rally amid increasing investor interest.
Posted in Business

Gold hovers near fresh record, silver at highest since 2012. Why? Uncertainty

Oct 22, 2024 08:45 AM IST Gold retreated after hitting a record high, buoyed by Middle East tensions and US election uncertainty. Profit-taking followed 4-day…

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Gold prices hit a record high of $2,729.30 an ounce amid safe haven demand and geopolitical tensions in the Middle East, while silver also saw significant gains.
Posted in Business

Gold at record high as Mideast, US elections push haven demand

Oct 21, 2024 08:31 AM IST Analysts predict gold futures could average $3,000 an ounce by late 2025. Gold has gained over 30% in 2024,…

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