Tag Archives: gold

Jewellers expecting strong demand during Dhanteras

With Indian jewellery market already on the robust recovery path, the jewellers are expecting strong Diwali sales in the Dhanteras as the festive mood remains high with low Covid third wave possibility and softer gold price this season. The industry … Continue reading

Posted in Forex | Tagged , , , , , | Leave a comment

Gold rate today: Yellow metal nursing wounds; silver moves higher

NEW DELHI: Gold prices held steady on Friday, after a sharp fall in the previous session. A firmer dollar dented the metal’s appeal as investors await a key US Federal Reserve meeting for clues on the central bank’s taper plan. … Continue reading

Posted in Forex | Tagged , , , , , | Leave a comment

Gold rate today: Yellow metal shines; silver nears Rs 63,000 mark

NEW DELHI: Gold prices moved higher on Friday as investors awaited Fed chief Jerome Powell’s speech at the Jackson Hole symposium after some US central bank officials called for paring bond purchases. Gold futures on MCX were up 0.36 per … Continue reading

Posted in Forex | Tagged , , , , , | Leave a comment

Gold rate today: Yellow metal losses sheen; silver slips below Rs 64,000

NEW DELHI: Gold prices traded steady, stuck in a narrow range, on Monday as the dollar held firm. Investors turned cautious ahead of the US consumer price reading in the week which may guide Fed policy. Gold futures on MCX … Continue reading

Posted in Stocks News | Tagged , , , , , , | Leave a comment

Revenue of gold jewellery retailers is poised to grow 12-14% on-year this fiscal: Crisil

After two consecutive years of decline, revenue of gold jewellery retailers is poised to grow 12-14% on-year this fiscal, driven by stable gold prices and recovery in discretionary spending, including on wedding and festive jewellery, said Crisil on Thursday. In … Continue reading

Posted in Market | Tagged , , , , | Leave a comment

Government asks jewellers’ body to reconsider August 23 strike over hallmarking gold

Asserting that the mandatory hallmarking of gold jewellery in 50 days of its first phase of implementation has been a “grand success”, the government on Saturday urged jewellery body GJC to reconsider its decision to go on strike on August … Continue reading

Posted in Market | Tagged , , , , , | Leave a comment

Pace of gold jewellery hallmarking shoots up after becoming mandatory

The pace of hallmarking of gold jewellery has picked up in the country since it became mandatory from June 16, with the number of Bureau of Indian Standard (BIS) registered jewellers shooting up to 82,000 from 34,000. Jewellers, however, said … Continue reading

Posted in Market | Tagged , , , , , | Leave a comment

Gold tumbles by Rs 264; silver gains marginally

New Delhi: Gold in the national capital on Wednesday tumbled Rs 264 to Rs 46,140 per 10 gram amid muted global trends, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 46,404 per 10 … Continue reading

Posted in Market | Tagged , , , , | Leave a comment

Gold price today: Yellow metal gains Rs 1,400 per 10 gram in a week

NEW DELHI: Gold prices were little changed on Wednesday, moving mildly higher. The precious metal was caught between a firmer dollar and safe-haven demand driven by the Delta coronavirus variant fears. Gold futures on MCX were up 0.21 per cent, … Continue reading

Posted in Stocks News | Tagged , , , , , , | Leave a comment

Gold gains by Rs 256; silver jumps to Rs 62,328

New Delhi: Gold in the national capital on Tuesday rallied by Rs 256 to Rs 46,580 per 10 gram in line with a jump in international precious metal prices, according to HDFC Securities. In the previous trade, the precious metal … Continue reading

Posted in PRO | Tagged , , , , | Leave a comment