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Tag "Gold price"

‘India’s gold demand for 2022 to be over 800 tonne’

‘India’s gold demand for 2022 to be over 800 tonne’

🕔14:31, 28.Jul 2022

Chennai, July 28 (IANS) India’s demand for gold will be between 800-850 tonne in 2022, said a top official of World Gold Council-India. He also said 80 per cent of the demand will be for jewellery and the balance in the

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‘Gold Bonds’ next series to be issued at Rs 5,109 per gram

‘Gold Bonds’ next series to be issued at Rs 5,109 per gram

🕔11:17, 26.Feb 2022

New Delhi, Feb 26 (IANS) The issue price for Sovereign Gold Bonds’ next series has been fixed at Rs 5,109 per gram of gold. According to the Finance Ministry, the Sovereign Gold Bond Scheme 2021-22 (Series X) will be opened for

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Russia-Ukraine war boosts gold, silver prices

Russia-Ukraine war boosts gold, silver prices

🕔16:45, 24.Feb 2022

New Delhi, Feb 24 (IANS) Prices of precious metals like gold and silver accelerated on Thursday after Russia declared war on Ukraine. Global equity indices slide and commodities, including gold, surged as hostilities started. Concurrently, gold prices rallied with MCX Gold

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‘Gold Bond’ VIII to be issued at Rs 4,791 per gram

‘Gold Bond’ VIII to be issued at Rs 4,791 per gram

🕔07:21, 27.Nov 2021

New Delhi, Nov 26 (IANS) The issue price for Sovereign Gold Bonds’ next series has been fixed at Rs 4,791 per gram of gold. According to the Ministry of Finance, the Sovereign Gold Bond Scheme 2021-22 (Series VIII) will be opened

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Gold prices expected to reach Rs 52-53k mark in next 12 months: MOFS

Gold prices expected to reach Rs 52-53k mark in next 12 months: MOFS

🕔14:44, 30.Oct 2021

New Delhi, Oct 30 (IANS) Domestic gold prices are expected to surge towards the highs of Rs 52,000-53,000 over the next 12 months. In 2021, prices of the precious metal have been trading between Rs 47,000 and 49,000 mark per 10

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India’s Q3CY21 YoY gold demand up 47%: WGC

India’s Q3CY21 YoY gold demand up 47%: WGC

🕔07:27, 29.Oct 2021

New Delhi, Oct 29 (IANS) India’s Q3CY21 gold demand rose 47 per cent on a year-on-year basis, said World Gold Council. Accordingly, the demand for gold in India for Q3CY21 rose 139.1 tonnes from 94.6 tonnes reported for the corresponding quarter

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Gold futures near Rs 48K/10 gm, silver above Rs 70K/kg

Gold futures near Rs 48K/10 gm, silver above Rs 70K/kg

🕔18:30, 6.Jul 2021

Mumbai, July 6  Gold futures remained firm on Tuesday with the August contract of the yellow metal on the Multi-Commodity Exchange (MCX) nearing the Rs 48,000 per 10 gram level. Currently, the August contract of gold on MCX is at

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India’s gold imports rose in May, while silver imports decline

India’s gold imports rose in May, while silver imports decline

🕔19:15, 27.Jun 2021

New Delhi, June 27  Gold worth $679.16 million (Rs 4,976.07 crore) was imported in May, according to Commerce Ministry data. This is multiple times higher than $76.31 million worth of gold imported in May last year amid a nationwide lockdown.

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Gold drops below Rs 45K/10g, silver futures plunge

Gold drops below Rs 45K/10g, silver futures plunge

🕔15:20, 22.Mar 2021

Mumbai, March 22  Futures of precious metals continued their bearish trend on Monday with gold contracts on the MCX falling below the Rs 45,000 per 10 gram. The surge in US 10-year bond yields weighed on the futures of the

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Global gold demand falls in July-Sept, investment demand still strong

Global gold demand falls in July-Sept, investment demand still strong

🕔14:26, 29.Oct 2020

New Delhi, Oct 29  Demand for gold globally dropped 19 per cent during the July-September quarter to 892.3 tonne, largely due to weak consumer demand amid the pandemic, said a World Gold Council report. So far in 2020, the demand

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India’s gold imports halve to $6.8B in Apr-Sep FY21

India’s gold imports halve to $6.8B in Apr-Sep FY21

🕔06:45, 19.Oct 2020

New Delhi, Oct 19  Gold imports by India declined 57.12 per cent in the first half of the current financial year (2020-21) to $6.77 billion as demand has been largely hit by the pandemic. During April-September FY20, the value of

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Gold, silver prices now collapse after record run

Gold, silver prices now collapse after record run

🕔17:14, 12.Aug 2020

Mumbai, Aug 12 (IANS) Futures of gold and silver which were touching new highs every other day lately have started to falter in line with international markets and traders booking profits. The fall in gold prices, which is considered as a

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Bull-run persists in precious metals; gold above Rs 56k/10 gm

Bull-run persists in precious metals; gold above Rs 56k/10 gm

🕔16:30, 7.Aug 2020

Mumbai, Aug 7  Amid the global uncertainty, investment demand and supply concerns, touching fresh record levels has become the new normal for gold and silver prices. Continuing with the bull run, gold futures on Friday touched a new all-time high

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Gold nears Rs 55,000 per 10 gm, silver crosses Rs 70,000 per kg

Gold nears Rs 55,000 per 10 gm, silver crosses Rs 70,000 per kg

🕔13:01, 5.Aug 2020

Mumbai, Aug 5  Gold futures on the Multi-Commodity Exchange (MCX) reached a new record level on Wednesday as it neared the Rs 55,000 mark. The October contract of gold on the MCX touched an all-time high of Rs 54,910 per

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Gold price surge continues, touches Rs 51,833/10 gm

Gold price surge continues, touches Rs 51,833/10 gm

🕔15:00, 27.Jul 2020

Mumbai, July 27 With persistent concerns for the global economy, gold futures continued to climb new record levels on the Multi-Commodity Exchange (MCX) on Monday. Earlier in the day, the August contract of gold on the MCX hit an all-time high

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Gold may cross Rs 52,000 per 10 grams by Diwali

Gold may cross Rs 52,000 per 10 grams by Diwali

🕔07:16, 7.Jul 2020

New Delhi, July 7  The price of gold in the spot and futures markets remained soft for the fourth consecutive day on Monday, but during the corona period the fundamentals of the precious metal are strong due to which it

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Gold at new high amid rising Covid cases, economic uncertainty

Gold at new high amid rising Covid cases, economic uncertainty

🕔16:10, 24.Jun 2020

Mumbai, June 24  Bull run continues in the bullion market amid high uncertainty and with the likelihood of new coronavirus cases not declining anytime soon. Futures of the yellow metal touched a fresh record high on the Multi-Commodity Exchange (MCX)

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Gold futures hit fresh record of Rs 47,000 on MCX

Gold futures hit fresh record of Rs 47,000 on MCX

🕔19:35, 16.Apr 2020

Mumbai, April 16  Futures contracts of gold continued to surge on the Multi-Commodity Exchange (MCX) on Thursday and hit a new high of Rs 47,000 per 10 gram. Currently, the June contract of gold on MCX is at Rs 46,975

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Coronavirus fear: Gold logs all-time high of Rs 43,590

Coronavirus fear: Gold logs all-time high of Rs 43,590

🕔06:27, 25.Feb 2020

Mumbai, Feb 25  Supported by weakening rupee and uncertainty owing to the fast spreading coronavirus, prices of safe haven assets like gold and silver rose sharply on Monday. Gold prices logged a life-time high of Rs 43,590 per 10 grams,

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Gold surges to 7-year high over US-Iran tensions

Gold surges to 7-year high over US-Iran tensions

🕔13:30, 6.Jan 2020

Mumbai, Jan 6  Spot gold prices on Monday jumped over 2 per cent to $1,587 an ounce, their highest level since April 2013 owing to the escalating US-Iran tensions. Other safe haven assets also edged higher owing to the war-like

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