Gold and silver prices declined in the futures trade on Thursday as investors trimmed their positions after the US Federal Reserve’s latest meeting minutes signalled continued caution over rate cuts. On the Multi Commodity Exchange (MCX), gold futures for December delivery declined by ₹511, or 0.42 per cent, to ₹1,22,540 per 10 grams in a…
Spot gold was down 0.1% at $4,077.13 per ounce, as of 0305 GMT. Gold prices edged lower on Thursday, weighed down by a stronger dollar and reduced expectations for a Federal Reserve rate cut in December, while investors braced for US jobs report. Spot gold was down 0.1 per cent at $4,077.13 per ounce, as…
Trading in silver has become volatile, with its prices swinging between $46 and $54 an ounce over the past month. The volatility, more than gold, is due to its dual use, including as an industrial metal an, say experts in the precious metal sector. “Silver has become more volatile than gold because it occupies a…
In the international markets, Comex gold futures for December delivery rose by $23.44, or 0.58 per cent, to $4,089.94 per ounce, snapping a four-day losing run. | Photo Credit: istock.com Prices of gold and silver recovered in futures trade on Wednesday after witnessing losses for the three consecutive sessions, as traders indulged in value buying…
In the past four sessions, the yellow metal has dropped by $204.1, or 4.84 per cent, from $4,213.6 an ounce recorded on November 12. | Photo Credit: iStockphoto Gold and silver prices fell sharply in futures trade on Tuesday, extending their losing streak for the third consecutive day as fading hopes of a interest rate…
The government has tightened controls on platinum jewellery imports by shifting them from the ‘free’ category to ‘restricted’, requiring importers to obtain licences | Photo Credit: The government has imposed import restrictions on certain platinum jewellery, to be in force till April next year, to check “bad actors” misusing free trade agreements (FTAs). The DGFT,…
Gold and silver futures on Monday fell as traders trimmed their positions after remarks from US Federal Reserve officials dampened the expectations of a rate cut in their next meeting. On the Multi Commodity Exchange (MCX), the yellow metal futures for December delivery plunged by ₹1,229, 0.99 per cent, to ₹1,22,332 per 10 grams. The…
Old jewellery, dental fillings, electronic devices, and even industrial scraps can be melted down and refined into pure gold, without any loss of quality. The ability to reuse gold indefinitely makes recycling an ideal solution. Every gram of recycled gold means one less gram mined from the earth, one less tree cut, and one less…
Investments into physically-backed gold exchange-traded funds (ETFs) by Indians were the third highest in October, even as investors in the UK and Germany chose to exit, data from the World Gold Council showed. Indian ETF investments were the fifth-highest between January 1 and October 31, with a third of the inflows coming in during October….
Jewellery has always held a special place in India’s cultural and emotional fabric. Traditionally, it symbolised legacy, wealth, and security, often handed down from one generation to the next. However, over the last decade, a silent revolution has reshaped the way younger consumers perceive and purchase jewellery. The rise of Gen Z and millennial buyers…
