Holdings of the SPDR Gold Trust fell 0.3 per cent to 990.32 on Monday
The price of gold jewellery varies across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making charges.
The price of gold jewellery varies across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making charges.
In New Delhi, the price of 22-carat gold was down at Rs 45,350 per 10 gm. In Chennai, it declined to Rs 43,570.
In the previous trade, the precious metal had settled at Rs 45,506 per 10 grams.
The price of gold jewellery varies across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making charges
Gold in the national capital on Thursday declined Rs 294 to Rs 45,401 per 10 gram reflecting overnight fall in international precious metal prices and rupee appreciation, according to HDFC Securities.
The price of gold jewellery varies across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making charges
The gems and jewellery industry had shown signs of recovery in January-March this year
The price of gold jewellery varies across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making charges.
Spot gold fell 0.1% to $1,762.08 per ounce by 0340 GMT.
The price of gold jewellery varies across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making charges.
(Reuters) - Gold prices hit a more than five-week low on Monday as the dollar firmed with markets closely watching a U.S. Federal Reserve meeting for clues on when the bank will start tapering its crisis-era stimulus measures.
The price of gold jewellery varies across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making charges.
In New Delhi, the price of 22-carat gold was down at Rs 45,550 per 10 gm while in Chennai, it declined to Rs 43,710.
Spot gold rose 0.5% to $1,762.55 per ounce by 0716 GMT, while U.S. gold futures GCv1 gained 0.4% to $1,762.80.
The price of gold jewellery varies across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making charges.
Gold jewellery retailers are expected to witness 12-14 per cent growth in revenue during 2021-22, driven by stable gold prices and recovery in discretionary spending
Bullion is viewed as a hedge against the inflation and currency debasement likely from widespread stimulus