Gold prices in India are available at a premium of ₹3,000 per 10 grams over international prices, the highest in a decade. On Monday (July 29), gold prices in India were close to ₹70,000 per 10 grams. The premium is the extra cost above the international gold price that buyers in India have to pay. […]
Gold prices below ₹70,000 per 10 grams, silver near ₹84,000 per kg: Should you consider buying now – CNBC TV18
The price of 24-carat gold slipped by ₹10 in early trade on Friday (July 26), with ten grams selling at ₹69,810, according to the GoodReturns website. Silver also dropped by ₹100 to sell at ₹84,400 per kilogram. This downward trend in gold and silver prices has raised questions about whether now is the right time […]
Gold prices drop in India amid Customs duty cut and global trends: Should you buy now – CNBC TV18
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, 22K […]
Budget 2024: How much will gold prices fall after India’s Customs duty reduction – CNBC TV18
The Union Budget 2024 has unveiled a reduction in Customs duties on key precious metals. Duties on gold and silver have been slashed from 15% to 6%, while the duty on platinum has been adjusted to 6.4%. This cut is anticipated to lead to lower prices across all three metals. In this article, we delve […]
Gold prices witness dip in India on Budget day – CNBC TV18
Gold prices in India experienced a slight dip on the Multi Commodity Exchange (MCX) on Tuesday, July 23, 2024. Gold futures set to mature on August 5, 2024, were trading at ₹72,621 per 10 grams, reflecting a decline of ₹97 or 0.13% from the previous close of ₹72,718. In the global market, gold prices increased […]
Gold prices increase amid US political changes — What to expect next – CNBC TV18
Gold prices firmed on Monday (July 22) as the dollar eased following US President Joe Biden’s announcement to withdraw from the 2024 presidential race. Investors turned to bullion as a safe haven amidst an uncertain political and market outlook. Global gold prices rise Spot gold saw a 0.2% increase, reaching $2,405.40 per ounce as of […]