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Gold hovers near fresh record, silver at highest since 2012. Why? Uncertainty

Gold retreated after hitting a record high, buoyed by Middle East tensions and US election uncertainty. Profit-taking followed 4-day rally, seeing haven demand.

Gold's record highs were driven by geopolitical tensions and US election concerns, but profit-taking led to a decline. Silver briefly rose to a 2012 high before retreating. Central bank buying and anticipated rate cuts are fueling gold's rally amid increasing investor interest.
Published on Oct 22, 2024 08:45 AM IST
Bloomberg |

Gold prices hit record high of 65,000 per 10 grams. Check rates in your city

Gold price today: According to website Goodreturns, 10 grams of 24K gold was priced at ₹64,850 in major cities including Mumbai and Kolkata

Gold prices experienced an uptick driven by growing speculation that the US Federal Reserve will cut interest rates in June, as per an expert
Updated on Mar 05, 2024 05:19 PM IST

Centre raises import duty on gold, silver findings by 15%. Here's why

“Gold or silver findings” means a small component like hook, clasp, clamp, pin, catch, screw back used to hold the whole or a part of a piece of jewellery.

 The notification stated that AIDC has been imposed in addition to the basic customs duty of 10 per cent to bring the incidence of import duty on precious metals at par with bullion
Published on Jan 24, 2024 11:51 AM IST

Gold prices at 5,770 per gram, silver prices unchanged on Jan 13

India is the largest importer of gold, and the imports meet the demands of the jewellery industry.

Today Gold Price, Silver Price: Gold Rate and along with other precious metal prices in India on Thursday, Nov 04, 2021
Published on Jan 13, 2024 10:17 AM IST

Gold prices remain unchanged on December 31, silver rates rise by 30 paise

Gold prices today: In Mumbai, 10 grammes of 24K gold cost ₹63,870. In Kolkata, the price of 24K gold was the same as in the maximum city.

‘K’ or carat is used to measure the purity of gold. A 24K gold is considered to be pure gold, liquid in form and not having any trace of other metals(HT File Photo)
Published on Dec 31, 2023 08:51 AM IST
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