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MUMBAI: Silver appears to be the new gold – not just because its price has skyrocketed, but consumers are looking at it as an investment avenue, sparking demand for silver bars and coins at jewellery stores. Such is the rush that Jaipur’s Amrapali Jewels has now started selling silver bars to consumers on request. “Silver…
Gold prices have been breaking records this year, and wealthy investors and family offices are now looking for ways to earn returns on their bullion. Instead of keeping gold bars locked in vaults, more of them are leasing their metal to refiners, jewelers, and fabricators to earn interest — a major shift for an asset…
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,…
