Dhanteras, a significant day in the Hindu calendar, is traditionally associated with the purchase of gold and silver, symbolizing prosperity and good fortune. As you embark on your Dhanteras shopping journey, here’s a guide to help you make informed decisions with the following do’s and don’ts: Do’s: 1.Research Prices in Advance:Prior to Dhanteras, research the … Read more
Gold plays an important role in the Indian economy. It is considered a safe form of savings and investment among individuals, and it is an integral part of traditional ceremonies. This metal is considered the best collateral for loans and the precious metals industry is a significant source of employment in the country. The demand … Read more
Silver prices recouped from a multi-year low on demand optimism. Global consumption of the precious white metal is expected to reach a record total this year, driven by post-pandemic industrial and physical investment demand. Silver was reeling under the bearish grip for the past several weeks. It was the worst-performing precious metal in 2022. A … Read more
NEW DELHI: Gold prices pulled back from a five-month peak in Monday’s session as a firm dollar decreased the appeal of the yellow metal. The US dollar index hovered close to a 16-month high, pressuring bullion by increasing its cost to buyers holding other currencies. Gold futures on MCX were trading lower by 0.23 per … Read more
NEW DELHI: Gold prices edged up higher in the domestic markets on Monday, bucking the global trend. However, it traded in a range ahead of the festive season. Gold futures on MCX were trading 0.15 per cent or Rs 75 at Rs 47,705 per 10 grams. Whereas, silver futures were down 0.16 per cent or … Read more
NEW DELHI: Gold and silver futures edged higher in Tuesday’s trade on optimism over a stimulus package passed by the US Senate. Gold futures for April delivery rose 0.30 per cent to Rs 44,351 per 10 grams. Silver futures for May delivery were trading at Rs 66,111 per kg, up 0.39 per cent. US Treasury … Read more