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gold market

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Govt-backed reserve fund covers nearly half of Sovereign Gold Bonds: Report

Govt-backed reserve fund covers nearly half of Sovereign Gold Bonds: Report

  • Post author:Admin
  • Post published:11 April 2025
  • Post category:Economy
  • Post comments:0 Comments

Nearly half of the gold underlying Sovereign Gold Bonds (SGBs) is fully backed by government reserves at current gold prices, senior officials told CNBC-TV18. The sources said the Centre has…

Continue ReadingGovt-backed reserve fund covers nearly half of Sovereign Gold Bonds: Report
Gold rises Rs 350 to reclaim Rs 89,000-mark, nears record high

Gold rises Rs 350 to reclaim Rs 89,000-mark, nears record high

  • Post author:Admin
  • Post published:24 February 2025
  • Post category:Economy
  • Post comments:0 Comments

Gold prices rose Rs 350 to trade near a record high at Rs 89,100 per 10 grams in the national capital on Monday amid firm global trends, according to the…

Continue ReadingGold rises Rs 350 to reclaim Rs 89,000-mark, nears record high
₹82,900 gold shocker: What’s driving India’s record-breaking bullion rally?

₹82,900 gold shocker: What’s driving India’s record-breaking bullion rally?

  • Post author:Admin
  • Post published:23 January 2025
  • Post category:Economy
  • Post comments:0 Comments

Gold prices surged ₹170 to reach a new record of ₹82,900 per 10 grams in the national capital on Thursday, marking the seventh consecutive session of gains.  According to the…

Continue Reading₹82,900 gold shocker: What’s driving India’s record-breaking bullion rally?
Gold heads for biggest monthly drop since 2016 on Fed officials’ hawkish views

Gold heads for biggest monthly drop since 2016 on Fed officials’ hawkish views

  • Post author:Admin
  • Post published:29 June 2021
  • Post category:Economy
  • Post comments:0 Comments

Gold prices edged lower on Tuesday to hover near a one-week low hit in the previous session. It was headed for the biggest monthly drop in more than four years,…

Continue ReadingGold heads for biggest monthly drop since 2016 on Fed officials’ hawkish views

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