New Delhi [India], October 9 (ANI): Commodity experts say the sharp rise in crude prices, which rose about 12 per cent in the past week, is mainly responsible for the rally in gold rates. But there are other factors at play as well. Rising global inflation and the volatile stock market have
New Delhi [India], August 1 (ANI): International gold prices are hovering near the USD 1,700-1,760 level per ounce and are expected to trade steady in the coming weeks, a report said on Monday.
New Delhi [India], July 22 (ANI): Strong likelihood of a sharp rise in interest rates by the US Fed and other central banks to rein in the red-hot inflation has melted international gold prices to a nearly one-year low. In India too, the prices of the yellow metal in physical markets fell to
New Delhi [India], July 16 (ANI): Gold prices in India have been declining in July tracking weak global cues. Investors seemed to have turned towards the US dollar on the possibility of another steep policy rate hike in the upcoming review meeting later this month.
New Delhi [India], July 4 (ANI): Gold prices in India extended their gains from the previous week as the Centre raised the import duty on the yellow metal, a measure to disincentivize the imports amidst the widening trade deficit. The Centre has raised the basic import duty on the gold from
New Delhi [India], June 23 (ANI): Gold prices are expected to trade in a narrow range until some clarity arises in the key interest rates and other monetary policy measures in the US, said financial services firm Emkay Wealth Management in a report.
New Delhi [India], May 2 (ANI): Amid inflation and high gold prices, India's demand for the yellow metal declined sharply in the January-March quarter by 18 per cent to 135.5 tonnes, according to World Gold Council (WGC).
New York [US], April 18 (ANI/Sputnik): Alarm bells on US inflation hit a new crescendo on Monday as the yield on ten-year bonds rose to highs not seen in more than three years, while gold prices briefly broke back above $2,000 an ounce as investors sought a hedge against soaring price pressu
Colombo [Sri Lanka], April 9, (ANI): Owing to the severe ongoing economic crisis in Sri Lanka, people are forced to sell their gold ornaments, and jewelry to buy daily use items and to pay their rents.
Mumbai (Maharashtra) [India], March 30 (ANI): The revenue of gold jewellery retailers is expected to rise by 12-15 per cent in the financial year beginning April 1, backed by sustained high prices of gold and steady demand, CRISIL Ratings said in a report on Wednesday.
Kathmandu [Nepal], March 9 (ANI): Setting out a new all-time-high record, the price of precious 24 carats yellow metal on Wednesday reached 105,500 Nepali Rupees as a result of the ongoing Ukraine-Russia conflict that entered the fourteenth day today.
Mumbai (Maharashtra) [India], February 24 (ANI): Gold price surged by nearly 3 per cent to Rs 51,750 per 10 gram at the Multi Commodity Exchange (MCX) on Thursday, the highest level in more than a year, after Russian President Vladimir Putin ordered a military operation in Ukraine.