Globally, silver futures for the May contract on the Comex extended losses for the seventh consecutive session, declining by $4.89, or 6.31%, to $72.69 per ounce. Silver futures tumbled by ₹9,031 to ₹2.39 lakh per kilogram on Thursday, marking the seventh straight session of losses, as rising crude oil prices and a hawkish US Federal…
Gold prices rose on Thursday after briefly touching a more than one-month low, as a softer dollar offered support, but gains were capped by a hawkish Federal Reserve, which has limited hopes for near-term rate cuts. Spot gold added 0.8% to $4,856.82 per ounce as of 0115 GMT, after falling to its lowest since February…
Gold prices fell by ₹789 to ₹1,54,879 per 10 gram on Wednesday against ₹1,55,668 on Tuesday | Photo Credit: PTI Jewellers in India are expecting a 40 per cent rise in gold jewellery demand during the Marathi New Year, Gudi Padwa, and Telugu and Kannada New Year, Ugadi, which fall on Thursday. The industry anticipates…
Creative entrepreneur Sussanne Khan has joined the board of Ekatra Retail Ventures as Design Director, marking her entry into the lab-grown diamond jewellery segment. Creative entrepreneur Sussanne Khan has joined the Board of Ekatra Retail Ventures, a lab-grown designer jewellery venture, as Design Director. Ekatra Retail Ventures was co-founded by an all-women team, including Pavitra…
Gold prices held steady on Wednesday as investors stayed on the sidelines, assessing the economic impact of the West Asia conflict ahead of the US Federal Reserve’s policy decision. Spot gold edged down 0.1 per cent at $5,000.77 per ounce as of 0243 GMT. US gold futures for April delivery fell 0.1 per cent to…
From April 1, SGB capital gains tax rules will change, allowing tax-free gains only for original subscribers who hold bonds until 8-year maturity | Photo Credit: lakshmiprasad S RBI has fixed a redemption price of ₹15,814 per unit for premature redemption of Sovereign Gold Bond issued on September 17, 2019. Accordingly, the redemption price for…
Gold prices edged higher on Tuesday, buoyed by easing fears of prolonged disruptions to oil shipments, while investors assessed the economic impact of West Asia conflict ahead of a slew of central bank policy decisions this week. Spot gold firmed 0.4 per cent to $5,023.19 per ounce as of 0251 GMT. US gold futures for…
Industry experts say the decision is aimed at curbing rising imports of such jewellery from ASEAN countries. By tightening import rules, the government seeks to regulate inflows of silver jewellery products that may be entering the country at lower duties through trade agreements. (A representative image) | Photo Credit: SIVAKUMAR PV The government on Monday…
In the US, spot gold fell 0.3 per cent to $5,001.61 per ounce while gold futures for April delivery fell 1.1 per cent to $5,007.20 | Photo Credit: iStockphoto Gold and silver exchange traded funds continued their downtrend amidst the raging war in West Asia , as the underlying precious metals prices were at the…
Analysts said silver prices remained under pressure as weak retail demand in the domestic market coincided with macroeconomic headwinds in global markets. | Photo Credit: MicroStockHub Silver futures plunged by ₹4,232 to ₹2.55 lakh per kilogram in the futures trade on Monday, as weak domestic demand and a strong US dollar weighed on investors’ sentiment….
