Markets trade lower after initial optimism ahead of RBI policy decision
Among the Sensex firms, HCL Technologies, Infosys, Sun Pharmaceuticals, Tech Mahindra, Eternal, Tata Consultancy Services,…
Leading jewellers are preparing to align with Prime Minister Narendra Modi’s push to curb gold imports by encouraging customers to exchange old jewellery for new designs instead of making fresh purchases. The surge in gold prices has already accelerated the trend, with many consumers opting to trade in old ornaments to offset the cost of…
EGRs will bring gold buying into the financial market arena while creating a highly regulated and standardised ecosystem | Photo Credit: Getty Images/iStockphoto The Wealth Company, part of the Pantomath Group, has become the first ssset management company to confirm its participation in the Electronic Gold Receipts (EGR) segment launched by NSE. EGRs are exchange-traded…
Gold prices on Tuesday rose by ₹439 to ₹1,59,840 per 10 grams in futures trade as speculators created fresh positions on a firm spot demand. On the Multi Commodity Exchange, gold contracts for June delivery traded higher by ₹439, or 0.28 per cent, at ₹1,59,840 per 10 grams in a business turnover of 1,076 lots….
Silver prices on Tuesday fell by ₹2,411 to ₹2,74,240 per kilogram as participants reduced their bets. On the Multi Commodity Exchange, silver contracts for the July delivery declined by ₹2,411, or 0.87 per cent, to ₹2,74,240 per kg in a business turnover of 2,268 lots. Analysts said a sell-off by participants mainly weighed on silver…
Annual demand from bars and coins has risen from 161 tonnes in 2016 to 280 tonnes in 2025. At a time when attention is focused on India’s gold purchases, data show demand for the precious metal in the form of bars and coins has risen sharply in recent years, exceeding the demand from gold exchange…
Gold prices were largely steady on Tuesday, as investors took a breather after recent volatility while focusing on developments surrounding the Middle East conflict after U.S. President Donald Trump paused a planned attack against Iran. Spot gold fell 0.1% to $4,560.39 per ounce by 0228 GMT, after hitting its lowest level since March 30 on…
Gold prices down in India | Photo Credit: K K Mustafah Gold prices in India saw decrease today across all cities. The price for 8 grams of 24-carat gold also dropped in all cities compared to yesterday. Below is a detailed breakdown of gold prices in key cities. Gold rates in India: Gold prices in…
Silver prices were down marginally at ₹268,040 a kg against ₹ 2,68,500 during the weekend | Photo Credit: AMIT DAVE Silver mutual fund schemes and exchange-traded funds will see a short supply of the white metal with the government imposing curbs on imports. Following the government curbs that require imports to get permits from the…
Investments in the ETFs were $1.79 billion, while outflows were $1.18 billion, leaving a net inflow of $0.61 billion | Photo Credit: Just_Super Net investments in physically-backed gold exchange-traded funds (ETFs) turned positive last week after three weeks of continuous outflows, data from the World Gold Council (WGC) showed. Investments in the ETFs were $1.79…
Gold prices declined on Monday, with MCX Gold trading near ₹1,58,547 per 10 grams, as a stronger US dollar and rising Treasury yields continued to pressure precious metals. Spot gold hovered around $4,540 per ounce globally, having shed 3.7 per cent over the previous week. The sell-off was triggered by hotter-than-expected US inflation data. April…