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…
India’s connection with jewellery has always been profound—an interplay of heritage, emotion, artistry and savings. Yet in recent years, this age-old industry has quietly entered a transformative phase. What was once confined to family jewellers and traditional showrooms is now being reshaped by technology, redefining how Indians discover, evaluate, and buy jewellery. This evolution is…
After a small pause, gold started its rally again and hit the two-week high on renewed safe haven demand globally. The yellow metal on Monday gained by ₹2,341 per 10 grams to ₹1,22,441 against ₹1,20,100 logged on Friday following the firm trend in the US market after the weak sentiment and jobs data. Silver was…
Gold prices rose more than 1 per cent on Monday, buoyed by expectations of another Federal Reserve interest rate cut in December and a slew of weak economic data that raised global slowdown worries. Spot gold gained 1.4 per cent to $4,053.40 per ounce by 0435 GMT. US gold futures for December delivery rose 1.3…
