Gold News

Wobbly Wednesday: Gold and silver down by BIG margin

Wobbly Wednesday: Gold and silver down by BIG margin

Mumbai: Trends on Gold rates are turning out to be as spicy as an IPL weekend-match. The yellow metal is down from peaks of Rs 56,000 per ten grams (August). This could be a correction for those keen on investing or buying a few grams of Gold ahead of the festive season.  Tuesday Tumble  s...

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Gold rates up by Rs 35 per gram across major Indian cities

Gold rates up by Rs 35 per gram across major Indian cities

New Delhi / Mumbai / Chennai: The average gold rates in India on Monday, quoted by jewellers, across India was up by Rs 35 per gram.Rates in Delhi surpassed the 51,000 level mark while in Mumbai and jewellery there was support at 51,150 levels across markets in Mumbai and Chennai. These are rates fo...

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Golden Truth: Will gold rates peak in September?

Golden Truth: Will gold rates peak in September?

Gold begins its course from feisty August, when rates sizzled off to $2,075 per ounce. But, will gold rates peak again in September? After a stupendous run-up in prices in July, gold was trading in uncharted territory as it entered August. It hit all-time highs of $2075 per ounce at the start o...

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Gold: The 3 top outcomes of August 2020

Gold: The 3 top outcomes of August 2020

August 2020 seems like an august month for Gold and Bullion. Pandemic struck India, the world's second biggest consumer of Gold after China, was busy getting shops and establishments to resume business. However, jewellers rued of tapering Consumer sentiment. From a consumer perspective, consumer pri...

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504 smuggled gold bars seized at New Delhi Railway Station, 8 arrested

504 smuggled gold bars seized at New Delhi Railway Station, 8 arrested

New Delhi: Eight persons were arrested and 504 smuggled foreign-origin gold bars were seized from their possession at the New Delhi Railway Station on Friday, informed the Directorate of Revenue Intelligence.The gold bars weigh 83.621 kg and are worth approximately Rs 42.89 crores. They were reporte...

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Auspicious days or Shubh Muhurat for buying Gold in 2020

Auspicious days or Shubh Muhurat for buying Gold in 2020

Gold or Aurum (atomic number 79 on periodic table) is among the most precious metals known to man-kind. But that may not be exactly how Indians would like to define Gold as. Gold, has a higher and nuanced ritualistic tradition and sentiment among Indians. With its deeper connection to culture and t...

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Gold rates down by Rs 1,500, here's why

Gold rates down by Rs 1,500, here's why

New-Delhi/Mumbai/Chennai: Gold rates on Tuesday tumbled by a margin of Rs 1,500 to Rs 2,000 per ten grams across major Indian cities.  October Gold futures on the MCX traded in the red to quote Rs 2,691 per ten grams, down by 4.90 percent.  Morning rates quoted by jewellers was in range of...

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August Sovereign Gold: Window opens today, costs Rs 657 more, subscribe?

August Sovereign Gold: Window opens today, costs Rs 657 more, subscribe?

Mumbai: The Sovereign Gold bond scheme for the month of August is here.  The Reserve Bank of India in a notification on Friday shared details on the 2020-21 Series V Sovereign Gold Bond Scheme.  The subscription opens with the trading window fixed for August 3 - 7 2020.  In its notifi...

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Extreme volatility in bullion and silver, 22 Karat gold hits milestone despite lockdown

Extreme volatility in bullion and silver, 22 Karat gold hits milestone despite lockdown

Mumbai/New-Delhi/Chennai: Shuttered jewellery stores and a dent in jewellery buying have failed to avert Gold rates from picking steam. On Tuesday, benchmark gold rates touched another fresh high causing jewellery rates to touch fresh milestones.  Gold rates for 22 Karat gold reported by jewell...

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22 and 24 Karat gold and even silver rates touch new highs

22 and 24 Karat gold and even silver rates touch new highs

Mumbai/New-Delhi/Chennai: Gold and Silver rates in the country touched a new peak on Saturday morning. The rally was in sync with international benchmark rates that touched $1902 per ounce.  In early trade on Saturday, MCX gold futures for August touched an all-time high of Rs 51,184 per ten gr...

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