Silver prices on Monday fell by ₹5,175 to ₹2,51,967 per kilogram as participants reduced their bets. On the Multi Commodity Exchange, silver contracts for the May delivery declined ₹5,175, or 2.01 per cent, to ₹2,51,967 per kg in a business turnover of 1,505 lots. Analysts said a sell-off by participants mainly weighed on silver prices….
Women buy Gold Jewellery on the occasion of Akshaya Tritiya at a jewellery shop, in Patna on Sunday. | Photo Credit: ANI Despite elevated gold prices, this year’s Akshaya Tritiya witnessed robust sales across the gems and jewellery sector, reflecting resilient consumer sentiment and strong buying intent. The auspicious occasion, observed on April 19, saw…
Gold prices declined sharply as a stronger US dollar weighed on bullion, while escalating tensions between the US and Iran pushed oil prices higher and revived inflation concerns. Gold prices fell more than 1% on Monday as the dollar firmed, while uncertainty over the U.S.-Iran peace talks pushed oil prices higher and revived inflation fears….
Till recently every geopolitical scare, dollar wobble and equity-market stumble pushed gold higher, taking it to record highs of $5,417 an ounce and ₹1.75 lakh per 10 gm by end-January. The subsequent correction — about 11 per cent in dollar terms and 14 per cent in rupee terms — has not materially altered the long-term…
Gold exchanges are no longer merely a distress-driven choice; they are fast becoming the default way Indians buy jewellery. As prices remain elevated, customers are increasingly “rotating” their gold, using existing holdings as a form of currency to stay invested in the category. The shift is now visible across large organised retailers, signalling a structural…
Akshaya Tritiya 2026 is set to deliver record-value sales of precious metals even as sky-high prices reshape how India buys gold and silver, with trade expected to exceed ₹20,000 crore, according to the Confederation of All India Traders (CAIT).That marks a jump from last year’s estimated ₹16,000 crore, despite bullion rates touching unprecedented highs. “Akshaya…
Till recently every geopolitical scare, dollar wobble and equity-market stumble pushed gold higher, taking it to record highs of $5,417 an ounce and ₹1.75 lakh per 10 gm by end-January. The subsequent correction — about 11 per cent in dollar terms and 14 per cent in rupee terms — has not materially altered the long-term…
As Akshaya Tritiya approaches, investors are increasingly turning to modern gold investment options such as ETFs, digital gold and derivatives alongside traditional physical buying. | Photo Credit: iStockphoto Flexible and transparent gold investment options are likely to remain popular alongside physical buying on this Akshaya Tritiya, to be celebrated on Sunday, as investors show a…
FILE PHOTO: Gold bangles are displayed at a jewellery store in Mumbai, India, March 20, 2025. REUTERS/Francis Mascarenhas/File Photo | Photo Credit: FRANCIS MASCARENHAS Every Akshaya Tritiya, India does what it has done for generations: it buys gold. Families see it as prosperity, continuity and security. That instinct is deeply cultural. But in 2026, it…
FILE PHOTO: Gold bangles are displayed at a jewellery store in Mumbai, India. | Photo Credit: FRANCIS MASCARENHAS Gold prices in India saw a decrease in all key cities today, April 17, excepting in Chennai and Hyderabad. The price for 8 grams of 24-carat gold also dropped in all cities compared with the previous session….
