Gold - Page 92

People buy gold ornaments at a jewelry showroom in Guwahati, India. (Photo: Getty Image)

After the gold rush: Asian, Mid-East sellers flood jewellery market

MUMBAI, March 24 (Reuters) – As gold prices jump to successive highs, jewellers across Asia and the Middle East are grappling with displays losing their sparkle as customers race to cash in their old jewellery and coins. If the rush to sell continues, it could ultimately lead to lower imports into major markets, potentially tempering

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An employee of a jeweller shows gold jewellery to a visitor during the 1st India International Jewellery Show organised by the Gem and Jewellery Export Promotion Council (GJEPC), in Bengaluru on March 17, 2023. (File Photo: Getty Image)

Gold declines Rs 400 to Rs 91,250/10 g on profit-booking, subdued global trend

New Delhi, Mar 21 (PTI) Gold prices decreased Rs 400 to Rs 91,250 per 10 grams in the national capital on Friday due to profit-booking and a subdued trend in the global markets, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity had settled at Rs 91,650 per 10

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A saleswoman shows gold bangles to a customer at a jewellery showroom in Kolkata, India. (Photo: Reuters)

Gold set for third week of gains on global uncertainties, rate cut hopes

March 21 (Reuters) – Gold was headed for a third straight week of gains on Friday after three consecutive record highs this week, bolstered by the Federal Reserve’s rate cut cues for the year and safe-haven demand amid geopolitical and economic uncertainties. Spot gold eased 0.3% to $3,034.09 an ounce as of 0235 GMT. Bullion

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Three men behind jewellery store counter. (Photo: Getty Image)

Gold futures hit lifetime high of Rs 89,796/10g

New Delhi, Mar 20 (PTI) Gold prices maintained a rising momentum for the third consecutive session to reach another all-time high of Rs 89,796 per 10 grams on Thursday, following a firm trend in global markets. On the Multi Commodity Exchange (MCX), the precious metal contracts for April delivery hit a record high of Rs

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