A major reason for the spike in prices is also due to higher construction costs

Due to high smuggling and illegal trade, the country continues to suffer, and is dependent on international players for its energy security

The asset under management of gold ETF has gone up 33 per cent to ₹28,530 crore as of February against ₹21,400 crore in February, 2023

Akshaya Tritiya, which falls on May 10 this year, is considered auspicious to buy gold

Lingering global uncertainty may boost prices again

The high price for gold has also given a boost to diamond jewellers as customers look for alternatives

The high prices may detract price-sensitive customers away, but he pins his hopes on the digital-savvy new generation to invest more in the gold

Analysts anticipate continued volatility in gold prices, fluctuating between ₹71,000 and ₹75,000 in the near term

MOFSL recommends “buy on dips” approach on gold when prices were hovering at ₹69,000 and $2,250 in the international market

The yellow metal outlook looks strong: Sachin Jain, Regional CEO of WGC

But traders can go long on dips

Investors are particularly focused on upcoming job data and key economic indicators to assess the health of the U.S. economy and its potential impact on future Fed decisions

Gold demand has also been boosted due to lower confidence in other investment options, such as real estate and equities, analysts say

The report attributes this projection to the weakening US labour market, disinflation, and the Federal Reserve’s dovish pivot at the upcoming July FOMC meeting

Import levy cut to 6% from 11%, AIDC pruned to 1%; move may curb smuggling

A drop in gold price can lead to increased jewellery demand, improving their revenue and profits Market experts believe the price of yellow metal could drop between ₹300 and ₹500 per gram going ahead

Gold can rise to ₹75,000 if the facing resistance at ₹71,300 is breached and silver at ₹85,000, with potential gains if these levels are breached

Spot gold rose 0.14% to $2,446.83 per ounce, while US gold futures increased by 0.8% to $2,488.50. 

Manufacturers have noted that in some cases, orders have reached levels not seen in several years, underscoring the strong buying interest among jewellery retailers and consumers alike

Sales up 20% during Ganesh Chathurthi, wedding demand could buoy demand for the precious metal further

Gold demand in India has remained robust, particularly following an initial surge after the import duty cut

The market now awaits US Fed meeting minutes, CPI data, and the RBI policy decision, which could impact the rupee and gold prices

Gold jewellery demand this Dhanteras is expected to be subdued due to a 5% surge in bullion prices, now at ₹77,410 per 10 grams

Jewellery brands in India are devising newer strategies and refining their existing approaches to alleviate the impact of soaring gold prices

The value of gold demand also increased dramatically by 54% to ₹1.65 lakh crore.

Usually, low grade tobacco accounts for about 25 to 30% of the total yield. This year, low grade tobacco is about 10% more than normal

Petrol and diesel prices will come down in States such as Odisha, Chhattisgarh, and Himachal Pradesh due to a rationalisation of intra-state freight. Oil Minister Hardeep Singh Puri welcomes move.

The Minimum Sale Price (MSP) of sugar should be increased to ₹39.14 a kg for the sugar season 2024-2025 from ₹31 a kg that was fixed in 2019

The Food Secretary said the Centre is thinking of lifting the export ban on certain varieties of non-basmati rice

Fuel and power costs dropped over 4% last month, while manufactured product prices rose just 1%, reining in overall wholesale inflation pace to 1.84% from 1.3% in August

Retail inflation touches nine-month high of 5.5% in September

Direct interventions through retail sale of basic food items such as rice, atta, dal and onion have helped maintain a stable price regime, Union Consumer Affairs and Food Minister Pralhad Joshi said

India Cements reports a sharp increase in its net loss to ₹240 crore

Rupee weighed down by strong dollar, outflow of foreign funds

Ann-Sofie Johansson, H&M’s head of Womenswear Design, talks about circularity in fashion, sustainable fabrics and why she does not believe in fast fashion

The sales percentage in leaf was only 47 per cent out of the offered quantity of 25,83,350 kg, while in dust, it was 53 per cent out of the offered quantity of 6,14,625 kg

New iPhone14 models to boast better cameras, faster processors and a longer lasting battery

A few important life lessons amid rising prices

The secondary display can be used for previewing selfies using the rear camera, calling, notifications, music control, steps, calorie tracker, recorder

The Google Pixel 9 Pro Fold and the Vivo X Fold 3 Pro are both ultra-premium foldable smartphones

The Motorola Razr 50 and the Samsung Galaxy Z Flip 6 are both premium segment foldable smartphones that stand out thanks to their portability

If you are torn between buying Apple’s latest and most high-end offering, the iPhone 16 Pro Max, and the formidable camera-bearing Samsung Galaxy S24 Ultra, here is a comparison of the two smartphones

JioBharat 4G feature phones only run on Reliance Jio network and not compatible with SIM cards

Apple has brought out a 5x5 inch Mac mini that is starting at ₹59,900 and is geared for Apple Intelligence (AI)

The Xiaomi 14 Ultra and Vivo X100 Pro are both ultra-premium phones nearing the ₹1 lakh mark, but how do they differ?

Though OnePlus Nord 4 and Motorola Edge 50 Neo are both mid-segment phones, they come with powerful specs. How do they differ?

Centre’s decision to not allow imports at lower duty also push up domestic rates

Rains in Maharashtra delay kharif arrivals; prices likely to drop in a fortnight