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RAKSHA BULLION
Gold’s Diwali gloom hides quiet glitter in India’s bullion backroomsGold may be losing some glitter in Indian homes this festive season as record-high prices weigh on jewellery purchases. Despite the governm...- Gold demand falls over 25% this festive season as buyers cut backGold demand dipped during the initial festive period. India Bullion & Jewellers Association reported a 28% drop. High gold prices dampened ...
- Gold price crosses Rs 1 lakh per 10 gm, dampens festive jewellery demandGold prices have surged past ₹1 lakh per 10 g, driven by global demand, trade uncertainties, and a weak rupee, pressuring festive jewellery...
- Hope restocked on festive shelves; companies plan higher discounts for turnaround in salesCompanies are preparing for the festive season with significant discounts and extended sales, aiming to entice shoppers after a period of c...
- Gold rush at jewellery stores as customs duty cut spurs buying frenzy ahead of wedding seasonThe recent customs duty cut in the budget has triggered a rush at jewellery stores as consumers buy gold in preparation for the wedding sea...
- There is more to BFSI than just banks: Financial Services index stocks with “Buy” rating which may deliver more than 25 % returnsThree years of underperformance when topped by a decline of more than 15 in just one month and makes the management come out with clarifica...
- Nifty Financial Services index stocks which analysts suggest buying for up to 37% returnsIT companies results brought volatility with downward bias, however financial sector companies and especially insurance sector players, hav...
- Top Nifty Financial Services index stocks (ex-banks) analysts suggest buying this weekStock Reports Plus, powered by Refinitiv, is a comprehensive research report that evaluates five key components of 4,000+ listed stocks - e...
- Bank fraud: ED seizes over 430 kgs gold, silver after searches at private lockers"Upon searching the private lockers, it was found that the locker operation was being done without following proper norms. No KYC was follo...
- Covid impact: Will gold jewellery regain the shine?In the last quarter of 2020-21, India’s gold consumption was up 37% to 140 tonnes over the same period in 2020, just before the first lockd...
- MCX gold open interest spikes to 25 tonne as volatility spiralsTurnover in MCX Gold (all variants) stood at Rs 11,447 crore which was at a three-year high .
- Gold slides on weak global cues, waning demandHowever, silver edged up by Rs 45 to Rs 38,370 per kg on scattered deals from industrial units and coin makers.
- GST scare leaves Mumbai's Zaveri Bazaar desertedIndia is amongst the largest consumers of “yellow metal” in the world. Despite a 21% drop in gold purchases last year, Indians bought 675.5...
- Old gold sales grop 60% in past 10 daysGold supply from recycling of old jewellery in India had doubled in April-June quarter to claim the highest in four quarters following a sh...
- Gold spurts on good stockists buying, seasonal demandGold staged a smart rebound, snapping a four-session downtrend at the domestic bullion market here on renewed demand from jewellery stockis...
- Commodity markets closed for 'Raksha Bandhan'All wholesale commodity markets, including bullion and metals, are closed today on account of 'Raksha Bandhan'.
- Gold likely to fall to Rs 23,000-level within a month: ExpertsThe market is nervous of the outcome before July 29, when the US Fed will take a decision on rate hike. Whatever the decision, it will be n...
- Rupee down on RBI governor remarks, Gold regains 13k levelThe rupee extended losses while gold regained 13k level.
- Gold takes a break, all eyes on Fed meetingGold prices eased marginally at the local bullion market on Tuesday as investors and speculators took a break ahead of the Federal Open Mar...
- Gold, silver bounce back on global cuesReflecting global trend, spot gold attracted fresh interest from speculators and stockists at the domestic bullion market on Tuesday and cl...
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