Asia Gold Record prices dull India demand ahead of key festival
22 hours ago · Ongoing price rally is slowing down the demand - Indian trader. China discounts between $3-$14 this week. Oct 18 (Reuters) - Physical gold dealers in India were forced to offer discounts this week ...
Asia Gold India prices at premium after two months as festive …
Oct 11, 2024 · Domestic gold prices in India jumped to a record high of 76,331 rupees per 10 grams earlier this week. Indian dealers charged a premium of up to $3 an ounce over official domestic prices ...
Festive hopes fade for India's gold industry after price surge
Oct 9, 2024 · In late July, India cut import duties on gold to 6% from 15%, bringing local prices down to a four-month low of 67,400 rupees ($803.16) per 10 grams. Since then, they have risen by 13.2% to a ...
India’s ‘passion for gold’ fades as prices hover near record high
Jul 4, 2024 · Despite its immense cultural importance in Hindu festivals and weddings, demand for gold jewellery in India fell 6 per cent last year, according to the World Gold Council, compared with the...
Gold Rate Today in India - The Economic Times
19 hours ago · Find out the most recent prices for 24 karats and 22 karat gold in India and compare them so you can make a smart choice. In India, 10 grammes of 24-carat gold cost 52,785 rupees, while 10 grammes of 22-carat gold costs 47,750 rupees.
India’s gold market update: Gold market broadens; expansion in …
Sep 19, 2024 · Premium of domestic gold prices over landed cost shrinks; The Reserve Bank of India (RBI) has added 50t to its gold reserves so far this year; Streak of fund inflows into Indian gold ETFs continues, with highest monthly inflows on …
Gold Rate Today Live - Gold Rate in India, Gold Price Chart, Gold …
Gold Rate Today | Live Updates - Check Gold Price Live on The Economic Times. Find Gold Rate in India, Gold Rate Forecast, Price Chart, News and more.
India’s gold market update: demand takes a ... - World Gold Council
Jun 20, 2024 · Highlights: Global and domestic gold prices extended their streak of gains; up 12% y-t-d 1. Demand softened after Akshaya Tritiya. The discount between domestic and international gold prices narrowed. The RBI has added 30.6t 2 to reserves so far this year, taking total gold holdings to a record high of 834.2t.
India’s gold market update: high prices tempering demand in Q4
Dec 21, 2023 · Gold in INR has risen by 12% compared with the 6.2% returns of bank fixed deposit and 7.1% gains in liquid funds (cash equivalent). India’s economy: sustained momentum. The domestic economy continues to exhibit strong growth momentum driven by healthy consumption demand and government investment.
Gold rates at all-time high in India: How far can prices rise?
3 days ago · Gold prices in India rose on Wednesday, October 16, 2024, as international factors and domestic festive demand pushed rates higher. Spot gold internationally climbed by 0.3% to $2,667.97 per ounce. In India, the price of 24-carat gold touched ₹77,390 per 10 grams. In global markets, gold's appeal has strengthened due to easing US Treasury yields.