Digirupe

With gold prices ruling around $4,000 an ounce, there was renewed investment interest. | Photo Credit: DigitalVision Physically backed gold exchange-traded funds witnessed net positive investments of $2.62 billion last week as investors in the US and China led the return, data from the World Gold Council (WGC) showed. According to analysts and experts, with…

India Gold Metaverse has raised ₹300 crore from private equity investors and secondary placement to build the first-ever integrated digital infrastructure for the gold economy. The proceeds from the equity investment will be used to develop technology, product commercialisation, ecosystem expansion, strategic partnerships, regulatory initiatives and team expansion. The transaction witnessed participation from a group…

Gold rose, after a pause in fighting between the US and Iran over the weekend eased oil supply risks and inflationary concerns. Bullion rose as much as 1.6 per cent to top $4,100 an ounce, having gained nearly 1 per cent in the previous week. The US halted an almost two-week run of strikes against…

3D illustration of a gold bars. | Photo Credit: Stiggdriver Gold prices on Monday rose by ₹984 to ₹1,44,090 per 10 grams in futures trade as speculators created fresh positions on a firm spot demand. On the Multi Commodity Exchange, yellow metal contracts for August delivery traded higher by ₹984, or 0.69 per cent, at…

Gold prices up in India | Photo Credit: K K Mustafah Gold prices in India rose today across all cities. The price for 8 grams of 24-carat gold also increased in all cities compared to yesterday. Below is a detailed breakdown of gold prices in key cities. Gold rates in India: Gold prices in India…

Gold rose more than 1% on ​Monday as a pause in Middle East hostilities ⁠sent oil prices lower, alleviating some inflation concerns, while investors awaited the U.S. Federal Reserve’s policy decision. Spot gold rose 1.4% to $4,110.56 per ounce by ‌0200 GMT. U.S. gold futures gained 1% to $4,112.10. “Gold is a clear beneficiary today…

On the domestic front, gold futures for August delivery rose ₹2,200, or 1.6%, to close at ₹1.43 lakh per 10 grams during the last week. Gold and silver are heading into a crucial week, with the Federal Reserve’s interest rate decision, oil price movement and the US-Iran conflict determining whether bullion extends its recovery or…

FILE PHOTO: Gold bangles are displayed inside a jewellery store in Delhi. | Photo Credit: BHAWIKA CHHABRA Gold edged up on Friday as ​Brent crude retreated from above $100 a barrel, while investors ⁠assessed developments in the West Asia conflict and their implications for inflation ahead of the US interest rate decision next week. Spot…

The Chennai showroom marks the first step in Regal Jewellers’ ambitious expansion plans for Tamil Nadu, with Puducherry set to follow. | Photo Credit: BHAWIKA CHHABRA Regal Jewellers, a leading jewellery manufacturers and wholesalers, will enter the Tamil Nadu market with the launch of its first showroom in Chennai on July 31. Bringing its 48-year…

Gold prices in India fell today across all cities. The price for 8 grams of 24-carat gold also decreased in all cities compared to yesterday. Below is a detailed breakdown of gold prices in key cities. Gold rates in India: Gold prices in India today were ₹13,280 for 1 gram of 22-carat gold (down by…