[ad_1] Gold and silver prices have seen significant increases due to global uncertainties, but Suvankar Sen, MD & CEO of Senco Gold & Diamonds, believes that demand for these metals will persist, even if prices remain elevated. “There’s a possibility of a 7-8% upside in gold prices from the current levels,” Sen told CNBC-TV18. He […]
Gold rates surge to all-time high: Key factors explained – CNBC TV18
[ad_1] Gold prices have crossed $2,700 per ounce for the first time on Friday (October 18). This surge comes amid rising geopolitical tensions in the Middle East and uncertainty around the US elections. In India, the price of 24K gold has already breached ₹78,000 per 10 grams, while MCX gold futures crossed has ₹77,000 per […]
Gold prices decline today: Should investors buy amid weak global cues? – CNBC TV18
[ad_1] Gold prices declined by ₹126 to ₹75,920 per 10 grams on Tuesday (October 15) in the futures market. The drop, equivalent to 0.17%, reflects the broader global trend of declining precious metal prices. Internationally, gold futures dropped 0.11%, trading at $2,645.69 per ounce in New York. The recent surge in US Treasury bond rates […]
This expert warns of a 15-20% drop in gold demand during Diwali – CNBC TV18
[ad_1] As the Diwali festival approaches, Surendra Mehta, Secretary of the India Bullion and Jewellers Association, shares a sobering forecast for gold demand in India. He anticipates a 15-20% drop in sales volumes during this festive season. The primary reason? Upcoming state elections in Maharashtra, a key hub for gold manufacturing, are likely to impact […]
Gold prices decline amid weak global cues: Should you buy now? – CNBC TV18
[ad_1] Gold prices on Thursday (October 3) fell by ₹376 to reach ₹76,014 per 10 grams in futures trade. This decline occurred on the Multi Commodity Exchange (MCX), where gold contracts for December delivery dropped 0.49% amid a turnover of 1,758 lots. Analysts attribute this drop to weak global cues. Globally, gold futures declined by […]
Gold prices near ₹75,000 per 10 grams: Should investors take advantage of short-term dip? – CNBC TV18
[ad_1] Gold prices increased by ₹107 to ₹75,718 per 10 grams in futures trading on Tuesday (October 1), as speculators built fresh positions. On the Multi Commodity Exchange (MCX), December gold contracts traded 0.14% higher in a business turnover of 423 lots. According to analysts, the rise in gold prices was mainly due to participants […]
Gold loans in India: Which lenders offer lower interest rates and what’s fueling market growth – CNBC TV18
[ad_1] Gold loans are increasingly becoming a popular choice for borrowers in India. Driven by rising gold prices and competitive loan terms, this financing option offers a valuable solution for various financial needs. Here’s a comparative analysis of gold loan interest rates offered by major providers and the factors driving the surge in gold loan […]
Gold prices drop in India amid Customs duty cut and global trends: Should you buy now – CNBC TV18
[ad_1] Gold prices fall on Thursday (July 25), continuing a downward trend that began following Finance Minister Nirmala Sitharaman’s announcement of a reduction in Customs duty on gold, silver and platinum. The cut, from 15% to 6%, was intended to lower gold prices, which had been at record highs. Domestic trends On July 25, 2024, […]