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DUSSEHRA GOLD PURCHASES
Soaring prices stall Dussehra gold rush, volume down 25% this yearGold sales volume dropped by a quarter this Dussehra to 18 tonnes due to sharply higher prices, despite a 30-35% increase in sales value. C...- Gold and silver hit record highs amid global safe-haven demandGold and silver prices reached new highs in India on Monday. Global appetite and geopolitical risks fueled this surge. Physical market sent...
- Soaring bullion prices threaten to dull India's festive gold sparkleGold demand in India is anticipated to weaken this festive season due to record-high prices deterring jewellery purchases, despite increase...
- Record prices cool gold demand in key hubs, China discounts hit over 9-month highAsian gold markets experienced muted demand this week due to record-high prices. China saw significant discounts as retail purchases slowed...
- Gold rate today: Latest 22k jewellery prices at Tanishq, Malabar Gold and Diamonds, Joyalukkas & Kalyan JewellersGold rates are currently trending downwards, sparking interest among buyers ahead of the festive season. While short-term fluctuations are ...
- India's gold demand to hit four-year low amid price rally, World Gold Council saysIn 2024, India's gold demand may drop to its lowest in four years, according to the World Gold Council. This is attributed to record high p...
- Gold bull run unlikely to fade away anytime soon. This could be the right time to buyGold prices have surged by 23% over the past year, outperforming other asset classes. Key factors include Middle East tensions, US interest...
- Dussehra Gold Prices Surge: Consumption drops 10% as buyers shift to jewelleryGold prices increased by Rs 14,000 per 10 gm this Dussehra, leading to a 10% drop in consumption. Consumers favoured gold jewellery over co...
- Festive hopes fade for India's gold industry after price surgeA rebound in gold prices to a record high has dampened the Indian bullion industry's hopes for a profitable festival season, following a re...
- Dangling a carat: Gold shines brighter this festive season even as battle rages in GazaGold prices, which stood at ₹57,415 per 10 gm before the attacks by Hamas, have shot up to ₹60,612 in the past fortnight. "The upward trend...
- India's gold demand set to rebound in 2021 as economy expands, says World Gold CouncilHigher purchases by the world's second-biggest bullion consumer could support gold prices, which hit a record high last year, although that...
- Indians start buying physical gold before Diwali despite high pricesJewellers said that Dussehra demand has perked them up and they are expecting a much better Diwali. They said the pent up demand is already...
- India flips to premium as gold jewellers bank on festive revivalIndians will celebrate Dussehra in late October and Diwali and Dhanteras in November, when buying gold is considered auspicious.
- Festive season brings shine, silver investment demand surges by 30%Internationally, gold price is hovering around $1,496.79 per troy ounce.
- Diwali gold sales may be same as last year’sWith Dhanteras approaching, traders’ predictions range from flat to as much as 10-20 per cent growth in jewellery sales .
- Dhanteras gold sales fall 30%; heavy discounts fail to lure buyersJewellers from Gujarat and Delhi, the 2 major markets, said off-take dropped significantly.
- Gold sales halve this year during Navratri, Dussehra on fear of taxman’s scrutinyGold traders are concerned that gold sales would be lacklustre even in Dhanteras.
- Drop in prices of platinum pushes its demand by 40 per centDrop in the price of platinum this festive season, has pushed up the demand of the rare metal by 40% over the last few days.
- Gold gains as dollar drops, Indian festivals may boost demandGold today climbed for the first time in three days on signs the start of festivals in India has boosted purchases as a drop in the dollar ...
- World Gold Council in partnership with India Post and Reliance Money Infrastructure offers 7% discount on gold coinsThe offer has been timed to coincide with the most important festivals in the Hindu calendar - Dussehra, Dhanteras and Diwali.
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