Page 17 - Gold

You can now buy sovereign gold on RBI Retail Direct Portal also

Subscription of the Sovereign Gold Bond Scheme 2021-22 - Series VIII is currently open

Need to resurrect concept of gold bank to monetise physical gold: R Gandhi

There is a need to establish a gold bank in the country to help monetise physical gold lying with people, Reserve Bank of India's former deputy governor R Gandhi said on Wednesday. He said the country needs to play along with the Indian psyche of the strong preference for physical gold and gold in the form of jewellery, if it wants to be successful in monetising gold for the betterment of the economy. It is estimated that around 23,000-24,000 tonnes of gold lie with the households and religious institutions in India but it is not easy to change the psyche of the people, he added. "It may be the time to resurrect the concept of a gold bank a bank which will accept gold deposits that provides gold loans exclusively or predominantly," Gandhi said on Wednesday at a virtual event organised by digital lending fintech firm Rupeek on 'Tech Disruption meets Gold Monetisation'. Emerging economies like India need a lot of capital for ushering in consistent high growth, which will lead to hig

Gold trading at Rs 48,310 per 10 gm today, silver at Rs 62,700 a kg

The price of 10 gram of gold decreased by Rs 10 on Tuesday while the rate of 1 kg of silver increased by Rs 700

Gold trading at Rs 48,320 per 10 gm today, silver at Rs 62,000 a kg

The price of 10 gram of gold increased by Rs 10 on Monday while the rate of 1 kg of silver decreased by Rs 200

Gold Bond issue price fixed at Rs 4,791/gm; subscription opens Mon

The Sovereign Gold Bond Scheme 2021-22 - Series VIII will be open for subscription from November 29 December 03, 2021

Gold prices climb as new coronavirus variant jolts investors

Spot gold had climbed 1.2% to $1,810.10 per ounce by 1204 GMT and U.S. gold futures jumped 1.7% to $1,813.80

Buy gold on dips in the short term as a hedge against rising prices

Amid a global surge in inflation and rising crude oil prices, markets expect central banks to hike interest rates sooner than expected

Gold to shine brighter; risks in equity, weddings keep prices elevated

Equity market risks along with healthy demand from wedding season will push gold prices higher in the near-term, analysts said

Gold heads for biggest weekly gains in 6 months as inflation fears balloon

Spot gold fell 0.2% to $1,857.84 per ounce by 0625 GMT, after hitting a five-month peak on Wednesday. U.S. gold futures eased 0.1% to $1,861.30

Gold is back in investment vogue with bulls loving faster inflation again

With the Fed determined to keep rates low while unemployment remains elevated, worries about out-of-control inflation are boosting gold's allure

Gold prices ease after steep rally as investors digest US data

Gold prices eased on Thursday after rallying to a five-month high in the previous session, as investors reassessed how the US Federal Reserve would respond to a surge in consumer prices last month

Gold turns sharply higher after data shows US consumer price surge in Oct

US gold futures rose 1.1% to $1,851.40

Gold lingers near 2-month high as focus turns to US inflation data

Spot gold was little changed at $1,824.15 per ounce by 0624 GMT, about $3 shy off a two-month peak scaled earlier in the session. U.S. gold futures were flat at $1,828.10

Gold price today at Rs 46,850 for 10 grams; silver at Rs 64,700 a kg

The price of 10 grams of 24-carat gold across the nation was slashed by Rs 440, to Rs 47,410

Gold price today at Rs 46,850 per 10 grams; silver at Rs 64,700 a kg

The price of ten grams of gold increased by Rs 110 to Rs 47,850 from Tuesday's trading price.

Festive cheer for jewellers as Dhanteras fetches bumper gold sales

Dhanteras is traditionally seen as the most auspicious day in the Hindu calendar to buy gold

Gold price today at Rs 48,050 per 10 gm, silver selling at Rs 64,600 a kg

In New Delhi and Mumbai, 10 gm of 22-carat gold was selling at Rs 47,000 and Rs 47,050

Gold price today at Rs 48,050 per 10 gm, silver selling at Rs 65,000 a kg

In New Delhi and Mumbai, 10 gm of 22-carat gold was selling at Rs 47,100 and Rs 47,050

Gold demand in India back to pre-Covid levels in September quarter: WGC

Typically, July - September is a seasonally weak period for gold demand due to monsoons and inauspicious periods like Pitru-Paksha when buyers usually prefer to postpone gold purchases

Global stocks fall, gold gains as US economic growth slows sharply

The MSCI All World Stock Index was down 0.06% at 741.31 points, barely below its lifetime high of 749.16 points hit last month