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Gold hit a new record on Tuesday, crossing Rs 1.10 lakh per 10 grams just days before India’s peak festive season, leaving jewellers cautious about how demand will shape up.According to the India Bullion & Jewellers Association (IBJA), gold is currently retailing at Rs 1,10,540 per 10 gm in the physical market. With 3% GST,…
Gold price prediction: The current week remains most crucial for gold as the US Fed may announce its monetary policy on September 17, midnight. (AI image) Gold price prediction today: Gold prices are expected to react to the US Federal Reserve policy this week. Maneesh Sharma, AVP – Commodities & Currencies, Anand Rathi Shares and…
Jaismine of Team India (Photo by Richard Pelham/Getty Images) New Delhi: For Jaismine Lamboria, the World Boxing Championships in Liverpool was more than just a gold medal triumph in the 57kg category — it was a stirring comeback story. Barely a year ago, she endured the heartbreak of a first-round exit at the Paris Olympics,…
Gold rate today: Gold futures soared to fresh peaks on Tuesday, with expectations of an imminent US Federal Reserve rate cut and a weaker dollar driving safe-haven buying across global and domestic markets. On the Multi Commodity Exchange (MCX), October contracts jumped Rs 384, or 0.34 per cent, to a record Rs 1,10,563 per 10…
Lower-income borrowers with limited income are increasingly turning to gold loans instead of microfinance institutions (MFIs) to meet urgent financial needs. Rising gold prices, lower gold-loan interest rates and stricter MFI lending norms are driving the trend. RBI data show gold-backed loans jumped 122 per cent year-on-year until June, while the Microfinance Industry Network reported…
Gold is likely to rise to $3,800 (Rs 134,000) in the coming months. (AI image) Gold price prediction today: Gold rates are expected to rise in the coming months and investors would do better to buy the yellow metal on dips rather than chasing the rally, says Praveen Singh, Senior Fundamental Research Analyst- Currencies and…
Anandkumar Velkumar won a gold medal for India in the 1000m sprint event at the Speed Skating World Championships. (Image: X) Indian skater Anandkumar Velkumar made history by winning India’s first-ever gold medal at the Speed Skating World Championships in Beijing, China on Monday, clocking 1:24.924 in the senior men’s 1,000m sprint event.This victory followed…
Gold prices on Comex reached an unprecedented $3,715.2 per troy ounce, whilst silver exceeded $43, achieving its highest value in 14 years. (AI image) Gold vs Sensex: Gold has delivered superior returns compared to Sensex over a several year horizon. Gold has surpassed domestic equities in terms of returns, primarily due to unprecedented buying by…
Gold prices took a breather last week after touching all-time highs on both Comex and the domestic front earlier in the week. (AI image) Gold price prediction today: Gold prices will be in focus with the US Federal Reserve expected to cut rates this week, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal…
NEW DELHI: Inflation has largely remained benign across states and overall, but Kerala continues to top the charts with the highest retail inflation rate in Aug. Rising gold and coconut oil prices are seen to be the reason behind the spurt. Latest data from the National Statistics Office (NSO) showed Kerala had the highest inflation…
