Indians opt for lighter, lower carat jewellery as gold prices soar

Indians opt for lighter, lower carat jewellery as gold prices soar

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

Gold Prices At 2-Month Low: Why Are Bullion Rates Falling, What’s Next?

Gold Prices At 2-Month Low: Why Are Bullion Rates Falling, What’s Next?

Last Updated:November 15, 2024, 18:05 IST The latest gold and silver prices are at their two-month lows as the prices below this were last recorded on September 20, 2024, when the 24-carat yellow metal had stood at Rs 75,526. Experts say the gold prices in India are falling due to global factors, especially US economic … Read more

Find 24, 22, & 18 carat rates here

Find 24, 22, & 18 carat rates here

Dubai: The gold prices in Dubai, United Arab Emirates (UAE) on Monday, November 11, dropped by Dirham 2.50 (Rs 57.43) per gram. The Dubai Jewellery Group data showed a 24-carat gold rate trading at Dirham 322.75 (Rs 7,414.21) per gram in the afternoon of the markets on Monday as compared to its Sunday night, November10, closing at Dirhams 325.25 (Rs … Read more

Gold prices in Dubai hit new record high on Diwali

Gold prices in Dubai hit new record high on Diwali

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

Gold Hits Fresh All-Time High of Rs 77,400: Diwali Sales Impacted, Will Prices Increase Further?

Gold Hits Fresh All-Time High of Rs 77,400: Diwali Sales Impacted, Will Prices Increase Further?

Record gold prices are impacting the festive sales in India, thus forcing dealers to offer discounts. Gold prices in India have hit a fresh all-time high of Rs 77,410 per 10 grams, an increase of Rs 600 as compared with the previous close. Silver prices also increased to Rs 92,283 per kg, as against Rs … Read more

Gold Crosses Rs 76,900: Why Are Prices Rising? How Far Will It Rise This Diwali?

Gold Crosses Rs 76,900: Why Are Prices Rising? How Far Will It Rise This Diwali?

The price of gold in the bullion market of Delhi rose by Rs 600 to Rs 76,950 per 10 grams on Monday. (Representative/AP) According to Chintan Mehta the demand for gold as a safe investment option has further increased due to rising geopolitical tensions, especially due to the war in West Asia, as Israel continues … Read more

Gold prices go up in Dubai: Know rates here

Gold prices go up in Dubai: Know rates here

Abu Dhabi: The gold prices at the opening of the markets in the United Arab Emirates (UAE) on Thursday morning, June 20, rose by Dirham 1.75 (Rs 39.25) per gram. The Dubai Jewellery Group data showed a 24-carat gold rate trading at Dirham 283.50 (Rs 6,455.53) per gram in the morning of the markets on Thursday as compared to … Read more

The gold rush is back — and now at a big-box store near you

The gold rush is back — and now at a big-box store near you

Warehouse stores in Canada aren’t just selling large quantities of toilet paper these days — gold bars and coins and other precious metals are moving out of the realm of banking and jewellers and into their aisles. With gold hitting record-high prices in recent weeks, the metal’s popularity has been reflected at retailers, too. According to Costco’s chief financial officer, … Read more