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Source: Live Mint The Reserve Bank of India (RBI) has identified significant gaps in gold loan disbursement practices, prompting major changes in the sector. Lenders are now shifting from traditional bullet repayment options to monthly Equated Monthly Instalments (EMIs) and term loans to address regulatory concerns, as per a report by Times of India. On…
Source: Live Mint Gold price today: Gold rates climbed in the domestic futures market Thursday morning, supported by positive global cues amid reports of escalating geopolitical tensions. A decline in the US dollar and bond yields also underpinned bullion. to come… Read Full Article
Source: Live Mint Gold prices rose ₹600 to ₹78,050 per 10 grams in Delhi on Tuesday, November 19, amid a strong global trend in the foreign markets, according to the All India Sarafa Association, reported the news agency PTI. The precious yellow metal with 99.9 per cent purity closed at ₹77,450 per 10 grams the…
Source: Live Mint Indian stock market: The domestic equity benchmark indices, Sensex and Nifty 50, are expected to see positive opening on Tuesday following gains in global equities. Asian markets traded higher, while the US stock market ended mixed overnight, with the Nasdaq and S&P 500 closing higher. On Monday, the Indian stock market indices…
Source: Live Mint Shares of Kalyan Jewellers India Ltd are down 7% since its September quarter (Q2FY25) results were out on Wednesday during market hours. Sure, a cut in customs duty on gold imports to 6% from 15% pushed customer footfalls higher, boosting sales during the quarter. But the duty reduction also meant an inventory…
Source: Live Mint The recent dip in MCX gold rates has left investors contemplating the right move as the wedding season approaches. On November 15, gold futures on the Multi Commodity Exchange (MCX) fell by ₹870, settling at ₹73,612 per 10 grams, marking a significant decline from the record high of ₹79,535 set on October…
Source: Live Mint Gold prices on MCX opened sharply lower on Thursday tracking weakness in international bullion prices that hit a two-month low amid a stronger US dollar. Silver prices also dropped by more than 1%. At 9:05 am, MCX gold rate traded lower by ₹609, or 0.82%, at ₹73,873 per 10 grams, while MCX…
Source: Live Mint Gold prices for the 99.9 per cent purity yellow metal fell ₹1,750 to ₹77,800 per 10 grams on Monday due to lagging demand from jewellers in India and weak global cues, reported the news agency PTI citing the All India Sarafa Association. Also Read | Gold rate today: Yellow metal trades near…
Source: Live Mint Gold’s future contract rates on the Multi Commodity Exchange of India (MCX) index fell 2.44 per cent to ₹75,386 as of 10:01 p.m. on November 11. The precious yellow metal closed at ₹77,272 at the previous market close. In the domestic markets, Gold prices slid ₹450 to ₹79,550 per 10 grams in…
Source: Live Mint Gold prices in India extended decline on Thursday, mirroring global weakness in the yellow metal after Republican Donald Trump’s 2024 US election victory triggered a sharp correction. Analysts anticipate further short-term pressure on gold rates due to political and economic factors impacting the bullion’s safe-haven appeal. MCX gold prices have dropped over…
