Gold and silver beyond jewellery: Coins, bars and modern gifting trends for this festive season
Gold and silver have been the symbols of prosperity, tradition and good fortune in Indian…
Arun Narayan, CEO, Jewellery Division, Titan Company Ltd, at the launch of Narumugai, Tanishq’s first Uncut Diamond Open Polki collection created for the South Indian market, in Chennai. | Photo Credit: Bijoy Ghosh Titan-owned jewellery retailer Tanishq has launched Narumugai, its first ever Uncut Diamond Open Polki collection. The collection, launched for the occasion of the auspicious Tamil month of Aadi, has been…
Jewellery demand plunged 15 per cent to 75 tonnes against 89 tonnes, but in value terms it jumped 34 per cent to ₹1.13 lakh crore (₹84,200 crore). | Photo Credit: REUTERS/ANUSHREE FADNAVIS India’s gold demand in the June quarter dipped 6 per cent to 131 tonnes as volatile prices forced consumers to postpone their jewellery…
In the overseas markets, Comex gold futures for August delivery traded marginally lower at $4,031.70 per ounce in New York. | Photo Credit: istock.com Gold gave up early gains to trade lower at Rs 1.41 lakh per 10 grams on Thursday amid subdued market sentiment. On the Multi Commodity Exchange, the yellow metal for August…
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 Indiatoday were ₹13,280 for 1 gram of 22-carat gold (up by ₹15)…
Gold held a modest gain, after the US Federal Reserve kept interest rates unchanged despite rising inflationary risks from the escalating war in the Middle East. Bullion was near $4,060 an ounce in choppy trading, having advanced nearly 1% on Wednesday. The Fed voted 9-3 in favor of holding rates, although the split verdict signaled…
The increased appetite among lenders to lend against gold will see the overall portfolio of such assets touch ₹30 lakh crore by March 2028 from the ₹18 lakh crore in March 2026, a domestic rating agency said on Wednesday. Non-banking finance companies (NBFCs) will continue to outgrow banks with a 35 per cent jump in…
Gold prices were largely steady on Wednesday as investors awaited the U.S. Federal Reserve’s policy decision and comments from Fed Chairman Kevin Warsh for clues on inflation and interest rate outlooks. Spot gold was little changed at $4,029.08 per ounce by 0301 GMT. U.S. gold futures for August delivery dipped 0.2 per cent to $4,028.10….
Globally, the white metal was trading 1.95 per cent down at $57.22 per ounce in New York. | Photo Credit: istock.com Silver prices on Tuesday fell by Rs 3,576 to Rs 2,17,597 per kilogram in futures trade as participants reduced their bets. On the Multi Commodity Exchange, silver contracts for September delivery declined by Rs…
The Kerala Gold and Silver Merchants Association (KGSMA) has urged the Centre to immediately review and rationalise the existing import duty structure on gold and silver, warning that higher duties are fuelling smuggling and hurting the legitimate bullion and jewellery trade. Government data presented in Parliament indicate a sharp rise in gold and silver smuggling…
Globally, gold futures declined by 0.85 per cent to $4,041.42 per ounce in New York. | Photo Credit: istock.com Gold prices on Tuesday dropped by Rs 1,213 to Rs 1,41,850 per 10 grams in futures trade amid a fall in spot demand. On the Multi Commodity Exchange, yellow metal contracts for August delivery traded lower…