In the international market, gold was trading higher at USD 1,803 per ounce and silver was flat at USD 24.12 per ounce
The imports, it said, picked up in August which recorded the second-highest gold imports of 118.08 tonnes
In New Delhi, the price of 10 gm of 24-carat gold was Rs 50,540. In Chennai, it is trading at Rs 48,690
Platform will be extended to spot gold exchange
With this, gold ETF category has received a net inflow of Rs 3,515 crore so far. The segment witnessed just one month of net outflows, which was in July.
It can act as hedge against high inflation or slowdown
In New Delhi, the price of 22-carat gold was marginally up at Rs 46,300 per 10 gm. In Chennai, it is trading at Rs 44,440
In Delhi, 10 gm of 24-carat gold is selling at Rs 50,510 and the price in Mumbai is Rs 47,030
But those seeking greater safety should stick to SGBs or gold ETFs
The exchange will take the required internal approvals and apply to markets regulator Sebi for the launch of the new class of security on its platform, he added.
In the previous trade, the precious metal had settled at Rs 44,917 per 10 grams.
Holdings of the SPDR Gold Trust fell 0.3 per cent to 990.32 on Monday
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.
Swiss exports of gold to India jumped to a five-month high in August while shipments to China fell, Swiss customs data showed on Tuesday.
In New Delhi and Mumbai, 10 gm of 22-carat gold was selling at Rs 46,250 and 46,070, respectively
In New Delhi and Mumbai, 10 gm of 22-carat gold was selling at Rs 46,100 and 46,000, respectively
The relentless spread of the delta virus variant is taking its toll on America's economy as well as global supply chains, depressing growth while boosting inflation.
To prevent tax evasion in gold jewellery sales, strict measures like increased inspection of gold shops would be taken, Kerala Chief Minister Pinarayi Vijayan said on Tuesday
Silver is selling at Rs 63,500 per kg, up by Rs 500 from yesterday's trading price
Gold prices were flat on Wednesday as investors awaited a key US jobs report for clues on when the Federal Reserve might start reducing its pandemic-era stimulus measures