Mumbai, Nov 5 Futures of gold on the Multi Commodity Exchange (MCX) rose above the level of Rs 51,000 per 10 gram tracking a positive trend in the international markets as vote counts of the US elections continued on Thursday.
New Delhi, Sep 17 Slack demand, resulting in lower cash accrual, along with elevated inventory levels and curtailed bank finance, will lead to a moderately negative credit outlook for gold jewellery retailers this fiscal, Crisil Research said on Thursday. An
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)
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,
umbai, Aug 26 Breaching a psychological barrier, gold prices in Mumbai touched new high of a little over Rs 40,000 per 10 gm, on Monday, industry players said. “This is indeed an unprecedented high, but lower by at least 20
New Delhi, Sep 20 India has the capacity to produce over 100 tonnes of gold per year to better satisfy the country’s enormous demand for the precious metal which is mostly met by imports, a foreign expert said on Wednesday.
Bengaluru, April 21 Income-Tax (I-T) sleuths seized Rs 4.13 crore in cash and 4.52 kg gold jewellery valued at Rs 1.32 crore during raids conducted over the last three weeks in poll-bound Karnataka, an official said on Saturday. “Of the
New Delhi/ Mumbai/ Kolkata/ Bengaluru/ Chennai, April 19 Spiralling yellow metal price has marred the Akshaya Tritiya spirit across most cities with sales showing a downturn on Wednesday. Also geo-political tensions have weakened the rupee against dollar, which also impacted
New Delhi, Jan 22 Gold gained Rs.320 Wednesday to trade at a five-month high of Rs.28,500 per 10 gram in the national capital. The healthy gain could be attributed to firming global trends and the ongoing wedding season. Silver price
New Delhi, Jan 01 The government slashed import tariff value for gold to $392 per 10 grams and for silver to $519 per kg, an official statement said. The tariff value for imported gold was $396 per 10 grams and
Market participants are yet again headed into a New Year with a bearish outlook on gold. This reflects the ongoing adjustments in the US interest rate cycle. It is the consensus view that the US Federal Reserve will start tightening
New Delhi/ Chennai/ Mumbai, Oct 22 Gold is glittering this Dhanteras as jewellers are experiencing good sales driven by better prices compared to last year. “We expect sales to be 20 percent higher this year compared to last year as
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