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Searched Tag: gold prices
RBI gold reserves rise to 880 tonnes in 2024.

India ranked 2nd in global gold demand in 2024

November 5, 2025, 12:46 PM - 4 min read

India has emerged as the world’s second-largest consumer of gold, with total consumer demand rising to 802.8 tonnes in 2024, representing 26 per cent of global demand, according to an SBI Research report released on Wednesday.

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Silver also fell sharply by ₹2,500 to ₹1,51,500 per kilogram (inclusive of all taxes) on Tuesday from the previous close of ₹1,54,000 per kg on Monday

Gold prices fall by ₹1,200 on weak global trends

November 4, 2025, 07:55 PM - 2 min read

Gold slumped to ₹1.24 lakh/10g on November 4, as the US dollar strengthened and US Federal Reserve officials dampened investor sentiment by dismissing the possibility of another rate cut

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For instance, the National Bank of Poland remained the largest buyer among central banks in the third quarter. Globally, gold demand rose to 1,313 tonnes in the third quarter, the highest on record

High prices lower gold demand in Q3; investment buying surges

October 30, 2025, 03:56 PM - 3 min read

The demand for ornamental gold fell 16 per cent by volume in the July-September quarter of 2025 as the yellow metal’s prices touched record highs, although its safe-haven investment appeal continued to shine

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Additionaly, gold futures rates also fell on Friday morning, ahead of a key US inflation report due later in the day

Gold rates continue to decline amid profit-booking

October 24, 2025, 12:55 PM - 3 min read

In six days, the price of 100 gm of gold has fallen by ₹76,900, while the price of 10 gm of gold has dropped by ₹7690, GoodReturns reported

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Image for representative use only.

All that glitters is gold

October 23, 2025, 08:21 PM - 5 min read

Gold prices have surged past US$4,100 an ounce, driven by soaring investor demand through ETFs and central bank purchases from emerging markets like China and Russia.

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India is the world’s second-largest gold consumer and one of the largest importers globally, after China

Spending on Dhanteras hits record ₹1 lakh-cr on gold, silver rush

October 18, 2025, 07:55 PM - 5 min read

The auspicious occasion of Dhanteras on October 18 was marked by high sales in gold and silver items, although sky-high prices of the precious metals dampened demand by 15 per cent in volume terms compared with a year earlier

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Sen said the company has built up an inventory with a diverse mix of festive and bridal collections ahead of approaching festivals such as Dhanteras and Diwali, and the wedding season

Senco Gold confident of strong festive sales in FY’26

October 11, 2025, 08:27 PM - 2 min read

Jewellery retailer Senco Gold Ltd said it expects robust festive and wedding season sales in the second half of FY26, which will help it sustain 18-20 per cent topline growth for the year

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Dovish monetary policies by major central banks, weakness in the US dollar, robust purchases by central banks across the globe and heightened geopolitical and economic concerns have contributed to boosting the metal's safe-haven appeal

Prospect of trade deal with US brings down gold rates

September 10, 2025, 01:56 PM - 3 min read

After surging past ₹1.12 lakh per 10 gms on Tuesday, gold prices dropped below ₹1.09 lakh per 10 gms on Wednesday after investors booked profits at elevated levels as tensions between India and the US seemed to be easing and hopes of a possible trade deal finalisation shone through

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Investors were back to seeking traditional safe-haven assets like gold, making the yellow metal’s prices jump ₹600 to ₹1,00,770 per 10 grams in the national capital on Tuesday, according to the All India Sarafa Association

Safe-haven demand makes gold pricier by ₹600

August 26, 2025, 07:59 PM - 3 min read

A weak rupee, firm global trends, and the latest face-off between US President Donald Trump and Fed Reserve Governor, Lisa Cook, has lent the market an uncertain sentiment that made investors seek safe-haven assets

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The precious metal of 99.9 per cent purity had finished at ₹98,020 per 10 grams on Monday

Gold down ₹200; at ₹97,820 per 10 gm

July 29, 2025, 06:48 PM - 2 min read

While gold prices in India fell by ₹200, silver remained flat at ₹1.13 lakh per kg; international gold prices increased slightly

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Silver hits 13-year-high

June 6, 2025, 08:49 PM - 2 min read

Precious metals have a field day as silver touches a record high due to domestic demand; gold too sees gains

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Gold jumps ₹1,910 to ₹98,450 per 10 g amid global uncertainty

May 21, 2025, 07:47 PM - 2 min read

The downgrade has heightened uncertainty around the long-term stability of US finances, prompting investors to seek safe-haven assets like gold, Mehta said.

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