Search For "gold market"
Asia's gold inflows reach USD 438 mn in July; India leads growth after imp
Updated : 1 year, 7 months ago IST
India's gold market continued its strong year-to-date (y-t-d) performance in July, with gold prices reaching Rs 65,314 per 10 grams, marking a 4.5 per cent return for the month and a 17.5 per cent y-t-d return. This strong performance was a key driver of the inflows into Indian gold ETFs, as
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Duty cut will boost gold demand in India, anticipates World Gold Council
Updated : 1 year, 7 months ago IST
The recently announced customs duty cut in the Union Budget will boost the gold demand in the country, making it a bright gold market destination, said the World Gold Council (WGC).
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Gold surges 12 pc year-to-date, outperforming major asset classes: WGC
Updated : 1 year, 8 months ago IST
Exhibiting remarkable performance, the gold rose by 12 per cent year-to-date and outpacing most major asset classes, the World Gold Council said in its Gold Mid-Year Outlook 2024.
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India's gold demand cools post-festival as prices surge and RBI hits recor
Updated : 1 year, 8 months ago IST
According to WGC press release, despite this pause, the gold market remains robust with significant movements in prices, imports, and investor activity.
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India's jewelry retail sector has surged to USD 80 bn from USD 50 bn in 20
Updated : 1 year, 8 months ago IST
India's jewelry retail sector has surged to USD 80 billion (Rs 6400 billion) in the financial year 24 from USD 50 billion in 2018, according to a report by Motilal Oswal Financial Services.
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BSE market capitalisation touches Rs 401 trillion amid record high Nifty,
Updated : 1 year, 11 months ago IST
Indian benchmark indices touched all time high during the trading session on Monday. The Nifty touched all time high of 22,697.30 and Sensex also reached at the level of 74,869.30 points. Both the indices set new highs in the Indian equity market.
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India's gold market at crossroads: Balancing demographic dividends and evo
Updated : 2 years, 2 months ago IST
India, now crowned as the most populous nation globally, holds a trump card in its youthful demographic structure. With a median age of 27, the country anticipates significant economic benefits, driven by a working-age population set to grow by approximately 7 million annually until 2041.
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Dhanteras Delights: Gold and Silver set to illuminate Diwali with a 50 tho
Updated : 2 years, 4 months ago IST
Analysts are eyeing key support and resistance levels in this fervent market atmosphere. In the gold market, crucial support is identified between 59650-59450, with downside levels at 59,584 and 58980.
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World Gold Council: Indian gold market evolving, demand for lightweight, s
Updated : 3 years, 1 month ago IST
India was the largest consumer of gold before being overtaken by China in 2009. In 2021 India bought 611t of gold jewellery, second only to China (673t) but comfortably ahead of all other gold-consuming markets, a recent World Gold Council report revealed.
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Nayan Kambli founds new NBFC named Money 2 Me that promises to be rising p
Updated : 4 years, 11 months ago IST
Mumbai, Maharashtra [India], April 16 (ANI/PNN): A man with experience of over 21 years in fundraising, debt syndication, and private equity, Nayan Kambli has decided to put his expertise into his creation by creating Money 2 Me.
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DRU GOLD charts ambitious expansions in India launching 14 stores in 2 mon
Updated : 5 years, 4 months ago IST
Mumbai (Maharashtra) [India], October 28 (ANI/PRNewswire): Built on consumer compassion, DRU GOLD, a trusted gold recycling organization, unlocks value from Gold and Jewelry to instant cash.
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