Gold, silver prices in your city, May 28: The commodity markets has seen prices slip amid a more steady international trade scenario, but despite the dips, experts note that gold and silver are safe haven investment options that can insulate your portfolios against the uncertain market forces. According to Manav Modi, Senior Analyst, Commodity Research
The government has temporarily put on hold the implementation of SRO 760(I)/2013, which is the “Import and Export of Precious Metals, Jewelry and Gemstones Order, 2013”, for 60 days. “The Federal Government is pleased to suspend the – Import and Export of Precious Metals, Jewelry and Gemstones Order, 2013, for a period of 60 days,
Gold loans, having doubled through the year, emerged as the fastest-growing consumer credit segment in FY25, outpacing all retail advances, such as housing and vehicles, and even unsecured products such as credit cards and personal loans. Banks’ outstanding credit against gold jewellery logged in at Rs 2.09 lakh crore on March 21, 2025, compared with
Gold loans have emerged as one of the most accessible and popular forms of short-term credit in India, especially during emergencies or when urgent liquidity is needed. These loans are secured by pledging gold jewellery or ornaments with a bank or a non-banking financial company (NBFC). Since gold is offered as collateral, lenders face lower
India’s gold demand surged past 800 tonnes in 2024, driven by a rise in jewellery consumption and increased investments in gold exchange traded funds (ETFs), according to a new report released on Tuesday. The report by Zerodha Fund House revealed that India was the world’s largest consumer of gold jewellery in 2024, with total consumption
“This Akshaya Tritiya, while the world is struggling to find direction, gold not only provides the feeling of safety but also quiet optimism. Higher prices further strengthen the belief of Indians in Gold since this was the reason for them to save in Gold over a period of time that helps them fulfil their life
Just before Akshaya Tritiya, gold prices in India have softened. Gold 24-carat created history on Tuesday, 22 April 2025, as it breached the Rs 1 lakh mark for the first time in the spot market. The major reasons for this were global economic uncertainty in the wake of the US trade tariff announcement, inflation concerns,
Gold prices in your city today, April 17: The escalating tariffs war between the United States and China, has shaken global markets and driven investors to secure their portfolios with safe haven assets. Thus, amid Donald Trump’s “on-again, off-again” approach to the tariffs, fears over looming recession, and a tanking US Dollar, gold prices have
Physical Gold, 24 Carat Purity Gold: The government is learned to be working on a five-point action plan to ensure the genuineness and purity of gold sold in the domestic market, in order to ensure that consumers are not cheated, people in the know of the development told Zee Business. Typically, demand for precious metals
Gold prices surged 18 per cent year-on-year (Y-o-Y) in the June quarter to $2,338.2 an ounce (oz), reaching a record of $2,427/oz. They were up nearly 13 per cent compared with the December 2023 quarter. India is the second-largest consumer of gold, after China. Indian households hold a whopping 25,000 tonnes of gold, according