MUMBAI, Oct 17 (Reuters) – India’s gold reserves crossed the $100 billion mark for the first time, according to the RBI (Reserve Bank of India’s) latest foreign exchange reserves data, buoyed by a global price rally even as the central bank’s purchases slowed sharply this year. India’s gold holdings rose by $3.595 billion to $102.365
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New Delhi, Oct 17 (PTI) Gold prices surged by Rs 3,200 to touch a new lifetime high of Rs 1,34,800 per 10 grams in the national capital on Friday, buoyed by strong festive buying by jewellers and retailers ahead of Dhanteras, according to the All India Sarafa Association. The precious metal of 99.9 per cent
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Mumbai, Oct 17 (PTI) Gold’s glittering rally is expected to continue, with prices likely to climb towards Rs 1.35 lakh/10 gram (USD 4,500 per ounce) in overseas markets, supported by sustained global central bank purchases, persistent geopolitical tensions, and strong Asian demand, according to a report by Motilal Oswal Financial Services Ltd. Silver, which has
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New Delhi, Oct 16 (PTI) Gold prices retreated from their record levels on Thursday, declining by Rs 200 to Rs 1,31,600 per 10 grams in the national capital amid profit booking by traders, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity had climbed by Rs 1,000 to hit
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