Lab grown diamonds | Photo Credit: ARKO DATTA Lab-grown diamonds are losing their appeal due to oversupply and consumer preferences are starting to shift back to natural stones, World Diamond Council President Feriel Zerouki has said. The natural diamond industry has seen a price slump since mid-2022 after peaking earlier that year, mainly due to…
ROBUST RESERVES: The Reserve Bank of India’s gold reserves rose above 880 metric tonnes in the first half of 2025-26, valued at USD 95 billion | Photo Credit: iStockphoto The Reserve Bank’s gold reserves crossed 880 metric tonnes in the first half of 2025-26 with the central bank adding 0.2 metric tonnes in the last…
Despite the recent fall both the precious metals remain significantly higher year-to-date, supported by Fed easing expectations and lingering safe-haven demand. | Photo Credit: istock.com Gold prices have been on a free fall in the last couple of days and closed at ₹1,27,633 per 10 grams on Monday against a new high of ₹1,29,584 logged…
The pullback brought an abrupt halt to rapid advances that have been underway since mid-August. Gold and silver extended drops after their steepest selloffs in years, as investors took profits on concern the dizzying surges in the precious metals in recent weeks had left them overvalued. Spot gold traded near $4,090 an ounce after tumbling…
Paytm Founder and CEO Vijay Shekhar Sharma showcased the power of disciplined digital savings this Dhanteras by revealing that his Paytm Gold investment grew 124%, from ₹6.84 lakh to ₹15.35 lakh | Photo Credit: PTI Vijay Shekhar Sharma, Founder and Chief Executive Officer (CEO) of fintech firm Paytm has demonstrated the power of disciplined digital…
Gold prices inched lower on Tuesday, as investors booked profits after bullion hit a fresh high in the previous session on hopes of further interest rate cuts from the US Federal Reserve and strong safe-haven demand. Spot gold was down 0.3 per cent at $4,340.99 per ounce, as of 0456 GMT, having hit an all-time…
Gold and silver prices regained their shine on Monday, rising in the domestic futures market as investors turned to value buying after a brief pullback from record highs and renewed appetite for safe haven assets amid global uncertainties. On the Multi Commodity Exchange (MCX), gold futures for December delivery climbed ₹982, or 0.77 per cent,…
Despite the sharp rally, the fear-of-missing-out (FOMO) syndrome has been driving buyers to splurge this Dhanteras. | Photo Credit: ANI The All India Gem and Jewellery Domestic Council (GJC) expects gold and silver jewellery sales to touch ₹1.35 lakh crore during the peak Dhanteras and Diwali week, which started on Saturday, with ₹85,000-crore worth of…
Gold prices are expected to witness some consolidation and mild correction next week as the recent record-breaking rally looks overstretched and physical demand eases after the festive rush, analysts said. After hitting fresh highs in global and domestic markets, bullion may trade in a narrow range, with investors eyeing the US funding bill, key global…
Gold prices in India are expected to maintain an upside bias for the rest of 2025, driven by a projected uptrend in global gold prices and a weakening Indian rupee, according to a sectoral update by ICICI Bank Global Markets. The report projects an equilibrium range of USD/Rs at 87.00-89.00 for the fourth quarter of…
