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AI image used for representative purposes Gold futures have exceeded $4,000 per troy ounce in an unprecedented surge, as investors seek secure financial holdings amid the ongoing US government shutdown.Gold futures in New York surpassed $4,000 on Tuesday morning, establishing a new record, as reported by Associated Press. The New York spot gold had previously…
Data from the World Gold Council revealed that global central banks made net additions of 15 tonnes to their gold reserves in August. (AI image) Gold prices are hitting new lifetime highs every week, but the rally is not deterring central banks around the world from stacking up gold to diversify foreign exchange reserves away…
The World Gold Council’s recent data indicated that central banks resumed gold purchases in August. (AI image) Gold rate today: Gold future prices on Tuesday touched a record of Rs 1,20,900 per 10 grams, registering an increase of Rs 651. This surge was driven by robust global market conditions, the ongoing US government shutdown, and…
File photo: Union minister Nitin Gadkari NEW DELHI: Prices of electric vehicles will match that of petrol-diesel ones in next four-to-six months, Nitin Gadkari, minister of road transport and highways said on Monday Speaking at a Ficci event, Gadkari said, “When I launched electric vehicles, the battery cost was $150 per kilowatt hour. Today it’s…
AI image used for representative purposes NEW DELHI: Union Road Transport and Highways Minister Nitin Gadkari on Monday said that electric vehicle (EV) prices in India are expected to match the cost of petrol vehicles within four to six months, highlighting the economic and environmental pressures of India’s Rs 22 lakh crore annual fuel import…
So far this year, old prices have increased by Rs 51,350 or 65.04 per cent, advancing from Rs 78,950 per 10 grams on December 31, 2024. (AI image) Gold rate today: Gold prices on Monday surged to a fresh lifetime high of Rs 1,30,300 per 10 grams in Delhi, skyrocketing Rs 9,700 to scale this…
Gold prices surged to record highs in domestic and global markets on Monday, driven by safe-haven demand amid the ongoing US government shutdown and expectations of further Federal Reserve rate cuts.On the Multi Commodity Exchange (MCX), December gold futures jumped Rs 1,447, or 1.22%, to a lifetime high of Rs 1,19,560 per 10 grams. The…
AI image used for representative purposes As Diwali 2025 approaches, gold and silver markets have shown remarkable performance, with increases of over 47% and 52% respectively this year. On the MCX, prices have exceeded Rs 1,18,000 per 10 grams, leading investors to speculate about further growth potential during the upcoming festive period.Analysts, quoted by Economic…
NEW DELHI: Gold demand this Dussehra witnessed a significant decline, with sales falling 25% to 18 tonnes compared to 24 tonnes during the same festival last year, according to the India Bullion & Jewellers Association (IBJA).“Last year Dussehra was a better one as the volume of gold sold was 24 tonnes. This year, the prices…
Silver stole the spotlight from gold in September, surging 19.4 per cent amid strong industrial demand, particularly from solar and technology sectors, and a tightening global supply, even as gold prices rose 13 per cent over the same period.In the national capital, silver prices climbed from Rs 1,26,000 per kilogram on September 1 to Rs…
