Indians traditionally prefer jewellery made in 22-carat gold, which contains 91.7% pure gold, while 18-carat gold contains 75% pure gold and 25% other metals. File. | Photo Credit: Reuters Soaring gold prices have led many Indian families to opt for lightweight and lower-carat jewellery to stay within their budgets, industry officials said. “I wanted to … Read more
New Delhi: Gold prices fell Rs 200 to Rs 79,100 per 10 grams in the national capital on Wednesday amid a firm trend in international markets, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity settled at Rs 79,300 per 10 grams in the previous session. Snapping a three-day … Read more
The vault of Syria’s central bank holds nearly 26 tons of gold, the same amount it had at the start of its bloody civil war in 2011, even after the chaotic fall of Bashar al-Assad’s despotic regime, four people familiar with the situation told Reuters. But the country has only a small amount of … Read more
New Delhi: Gold prices rose by Rs 700 to Rs 79,400 per 10 grams in the national capital on Friday due to fresh buying by local jewellers and a firm overseas trend, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity closed at Rs 78,700 per 10 grams on … Read more
Photo: @mumbaicus3/X Mumbai: In a major crackdown on illegal smuggling of gold, the customs officers in Mumbai arrested a passenger coming from Sharjah, United Arab Emirates (UAE) for allegedly smuggling 24 carats of gold dust in wax worth Rs 2.89 crore. The accused was intercepted during a rummaging of a flight after his arrival at … Read more
In a recent interview on YouTube, Rich Dad Poor Dad author Robert Kiyosaki said that the US Federal Reserve has been buying gold for almost a year now, likely because of the spiralling national debt of nearly $36 trillion, which is accruing interests of over $1 trillion for the first time in history. Kiyosaki believes … Read more
Mumbai: As the Indian stock market ended Samvat year 2080, investors’ wealth surged by a whopping Rs 128 lakh crore (about $1.5 trillion at current exchange rate) to Rs 453 lakh crore in just one year. This made Samvat 2080 the biggest wealth-creating year on record, banking upon a stable government, strong fundamentals s and … Read more
Gold prices in Dubai, United Arab Emirates (UAE), jumped to a new record high on Thursday morning, October 31, the day of the Indian festival—Diwali. The Dubai Jewellery Group data showed a 24-carat gold rate trading at Dirham 337.25 (Rs 7,720.72) per gram in the morning of the markets on Thursday as compared to its Wednesday night, October 30, closing … Read more
A Chinese wedding has many of the trappings of a Western marriage and in addition rituals, traditions and matters of etiquette to follow. In our series on Chinese weddings, we break these down and tell you how to get everything right. Gold symbolises fortune, power and longevity in Chinese culture, so it is no surprise … Read more
Last Updated:October 25, 2024, 18:01 IST Traders says tepid demand from jewellers and retailers in the local markets and a weak trend in the overseas markets weighed on gold prices. Gold prices today. Gold price dropped Rs 1,150 to Rs 80,050 per 10 grams in the national capital on Friday on slackened demand from jewellers … Read more
