Gold and silver buying on the auspicious occasion of Dhanteras kicked off on Saturday with jewellers expecting higher footfalls, though record high prices of the yellow metal could dampen demand by 15 per cent in volume terms compared with a year earlier. Dhanteras, the most auspicious day in the Hindu calendar for buying items ranging…
In India, the act of acquiring gold and silver transcends a mere financial transaction; it’s a deep-rooted tradition. For countless generations, these precious metals have been purchased in the form of coins and ornaments during auspicious periods like Dhanteras and Diwali. These purchases carry immense spiritual significance and are simultaneously regarded as a prudent strategy…
After a bumper rally over the past few weeks, the precious metals market witnessed a sharp correction on Friday, as both Gold and Silver prices tumbled on the Multi Commodity Exchange (MCX). The decline came amid a profit-taking wave triggered by specific external market factors that temporarily eased geopolitical and economic anxieties. Gold prices of…
In the last one month, gold prices have jumped by ₹20,073 per 10 gram or 18 per cent, triggering a strong ‘fear of missing out’ (fomo) syndrome among buyers | Photo Credit: SIDDHANT THAKUR It is going to be a glittering Dhanteras with the gold rush continuing at retail stores despite yellow metal prices hitting…
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The rupee pared initial gains and settled for the day lower by 7 paise at 88.03 (provisional) against the US dollar on Friday (October 17, 2025), weighed down by trade tensions and global uncertainties. Forex traders said renewed foreign fund inflows and lower crude…
Jio Financial Services, a Reserve Bank of India (RBI) registered Core Investment Company, operates a full-stack financial ecosystem through subsidiaries such as Jio Credit, Jio Insurance Broking, Jio Payment Solutions and Jio Payments Bank. | Photo Credit: FRANCIS MASCARENHAS Jio Financial Services Limited (JFSL) has announced a special festive campaign “Jio Gold 24K Days”, which…
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Benchmark Sensex spurted by 484 points and Nifty closed above 25,700 on Friday (October 17, 2025), extending their winning run to the third consecutive day on buying in blue-chip banking and oil shares and foreign fund inflows. In a volatile session, the 30-share BSE…
India’s crude oil imports from Russia strengthened in the first half of October, reversing a three-month slide in arrivals seen during July-September as refineries were back on full stream to meet festive demand, according to ship tracking data. Imports from Russia slid from over 2 million barrels per day in June to 1.6 million bpd…
WinZO platform announced the launch of ZO Gold, an offering for users to digitally invest in gold starting at ₹2 in partnership with SafeGold. Through ZO Gold, users can buy, save, and track gold digitally, starting with micro amounts and set up recurring contributions like SIPs. “The goal is to make wealth creation simple, intuitive,…
Gold prices surged by ₹2,442 to touch an all-time high of ₹1,32,294 per 10 grams in the domestic futures trade on Friday (October 16, 2025), driven by safe-haven demand as investors weighed deepening global economic uncertainties and expectations of monetary easing by the U.S. Federal Reserve. On the Multi Commodity Exchange (MCX), the yellow metal…
