Gold Record High

The platinum imports in September jumped multifold to a record high as refiners imported a large amount of gold containing small amounts of platinum but registered the purchases with customs as platinum alloy to avoid paying higher duties, government and industry officials told Reuters.

Rising interest rates have dragged gold prices from near record highs six months ago to their lowest since April 2020, but analysts expect a rebound in coming months as rate rises slow.

The silver imports are set to triple in 2022 from a year ago to record highs after a dip in prices to 2-year lows spurred investors to bet that the metal was primed for a rebound and could outperform gold in the coming years.

Tejaswin faltered at the height of 2.25m and gave one last try at the 2.28m to see if he could miraculously land the gold, but it wasn't to be. The bronze medal in the track and field event is nonetheless a big achievement for the national record holder, who has a personal best of 2.29m.

Gold prices hit a fundamental level, while palladium prices jumped to a record high on Monday, tracking the Russia-Ukraine conflict.

India's Nishad Kumar clinched the silver medal on Sunday in the men's high jump (T46/47) category at the ongoing Tokyo Paralympics.

The forex kitty had surged by $3.074 billion to a record high of $608.081 billion in the previous reporting week.

Higher imports by the world's second-biggest bullion consumer could support benchmark gold prices, which have corrected nearly 17 per cent from an all-time high of $2,072 in August 2020.

Share Market LIVE: Buying was visible across sectors as all the 11 sector gauges compiled by the National Stock Exchange were trading higher

Gold Price In India Today: Domestic spot gold closed at Rs 48,972 per 10 grams on Thursday, and silver at Rs 60, 260 per kilogram - both rates excluding GST

Wealth planners advise allocating a portion of investment portfolio to gold at any given time, regardless of market situation.

While gold has given up some of the recent gains, which pushed the global spot rate above the $2,000 per ounce and domestic futures above Rs 56,000 subsequently, it is not far from its all-time highs levels. As of Tuesday's closing price, Multi Commodity Exchange (MCX) gold futures are less than 5 per cent away from a record Rs 56,191 registered th...

Gold prices are on a record-breaking spree globally due to rising Covid-19 cases, simmering US-China tensions, expectations of a second stimulus announcement in the United States and decline in the dollar.

So far in FY2020-21 (up to July 31), the reserves have risen by $56.8 billion

Surging COVID-19 cases in the United States have dampened hopes for a nascent economic recovery and weighed on rival safe-haven dollar. The greenback was headed for its seventh consecutive weekly decline.

The platinum imports in September jumped multifold to a record high as refiners imported a large amount of gold containing small amounts of platinum but registered the purchases with customs as platinum alloy to avoid paying higher duties, government and industry officials told Reuters.

Rising interest rates have dragged gold prices from near record highs six months ago to their lowest since April 2020, but analysts expect a rebound in coming months as rate rises slow.

The silver imports are set to triple in 2022 from a year ago to record highs after a dip in prices to 2-year lows spurred investors to bet that the metal was primed for a rebound and could outperform gold in the coming years.

Tejaswin faltered at the height of 2.25m and gave one last try at the 2.28m to see if he could miraculously land the gold, but it wasn't to be. The bronze medal in the track and field event is nonetheless a big achievement for the national record holder, who has a personal best of 2.29m.

Gold prices hit a fundamental level, while palladium prices jumped to a record high on Monday, tracking the Russia-Ukraine conflict.

India's Nishad Kumar clinched the silver medal on Sunday in the men's high jump (T46/47) category at the ongoing Tokyo Paralympics.

The forex kitty had surged by $3.074 billion to a record high of $608.081 billion in the previous reporting week.

Higher imports by the world's second-biggest bullion consumer could support benchmark gold prices, which have corrected nearly 17 per cent from an all-time high of $2,072 in August 2020.

Share Market LIVE: Buying was visible across sectors as all the 11 sector gauges compiled by the National Stock Exchange were trading higher

Gold Price In India Today: Domestic spot gold closed at Rs 48,972 per 10 grams on Thursday, and silver at Rs 60, 260 per kilogram - both rates excluding GST

Wealth planners advise allocating a portion of investment portfolio to gold at any given time, regardless of market situation.

While gold has given up some of the recent gains, which pushed the global spot rate above the $2,000 per ounce and domestic futures above Rs 56,000 subsequently, it is not far from its all-time highs levels. As of Tuesday's closing price, Multi Commodity Exchange (MCX) gold futures are less than 5 per cent away from a record Rs 56,191 registered th...

Gold prices are on a record-breaking spree globally due to rising Covid-19 cases, simmering US-China tensions, expectations of a second stimulus announcement in the United States and decline in the dollar.

So far in FY2020-21 (up to July 31), the reserves have risen by $56.8 billion

Surging COVID-19 cases in the United States have dampened hopes for a nascent economic recovery and weighed on rival safe-haven dollar. The greenback was headed for its seventh consecutive weekly decline.