Asia Gold Record prices dull India demand ahead of key festival
1 day 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 ...
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 10...
Why is RBI buying gold? Reserve Bank of India purchases nearly …
Apr 15, 2024 · India Business News: The RBI has increased gold purchases to diversify reserves, with gold value contributing to a $3 billion rise in forex reserves to $648.5 billion. RBI Edition
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 in India - The Economic Times
2 days 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. Gold Rate Today Price Trends in India. As on Oct 11, 2024.
India's gold demand cools post-festival as prices surge and RBI …
The World Gold Council (WGC) has released its latest update on India's gold market, highlighting a period of subdued demand following the festival-driven surge in purchases. Representational....
India Boosts Gold Reserves by Most in Two Years, WGC Says
Jul 5, 2024 · India’s central bank probably increased its gold reserves by the most in almost two years last month, according to a World Gold Council analyst. The Reserve Bank of India added more than nine...
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.
Gold Rate Today Live - Gold Rate in India, Gold Price Chart, Gold …
1 day ago · 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.