Gold - Page 97

An Indian jeweller weighs gold jewellery at a shop in Ahmedabad. (Photo: Getty Image)

Gold rises Rs 100 to Rs 82,100 per 10 gm; silver quotes flat

New Delhi, Jan 21 (PTI) Gold prices rose Rs 100 to Rs 82,100 per 10 grams in the national capital on Tuesday, according to the All India Sarafa Association. The precious metal had closed at Rs 82,000 per 10 grams on Monday. Gold of 99.5 per cent purity increased by Rs 100 to Rs 81,700

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A salesman displays gold necklaces and earrings inside a jewellery showroom in Mumbai, India. (Photo: Reuters)

Asia Gold India discounts widen to 6-month high, China sees New Year boost

Jan 17 (Reuters) – Gold discounts in India widened to six-month highs this week as a rise in domestic prices dampened demand and jewellers awaited the annual federal budget, while physical gold demand in China was solid ahead of the Lunar New Year festival. The rebound in gold prices has hammered demand, and buyers are

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A combination of the words "dhan", which means wealth in Sanskrit, and "teras", which means 13, the day falls on the 13th day of the Hindu lunar calendar, marking the first day of the five-day Diwali festival. Hindus consider it an auspicious day to make new purchases, especially jewellery, as well as new utensils, appliances and even vehicles.

India’s festive gold buying spree continues, defying record price

MUMBAI, Oct 29 (Reuters) – Indian buyers of gold brushed off record high prices and made purchases for the Dhanteras and Diwali festivals starting on Tuesday, hoping bullion would continue to rally and deliver promising returns amid a cooling stock market, industry officials told Reuters. Robust demand in the world’s second-biggest gold consumer could further

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

Gold prices soar to record high, dampening demand, dealers say

MUMBAI, April 1 (Reuters) – Gold futures hit an all-time high on Monday, tracking gains in overseas markets and squeezing demand in the world’s second-biggest consumer of the precious metal, dealers said. Domestic gold futures rose to 69,487 Indian rupees ($834.07) per 10 grams, up nearly 10% so far in 2024. India’s gold imports are

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