NEW DELHI — Gold prices soared by Rs 1,650 to hit an all-time high of Rs 98,100 per 10 grams in the national capital on Wednesday amid a global rush for the safe-haven asset triggered by an escalated trade war between the US and China. According to the All India Sarafa Association, the precious metal […]
NEW DELHI — Gold prices rose by Rs 50 to revisit the all-time high level of Rs 96,450 per 10 grams in the national capital on Tuesday, according to the All India Sarafa Association. On Monday, the yellow metal of 99.9 per cent purity fell by Rs 50 to settle at Rs 96,400 per 10 […]
LEH — The Indo-Tibetan Border Police (ITBP) has seized 108 gold bars, each weighing one kilogram, near Indo-China border and arrested three people, an official of the border guarding force said. Besides the huge quantity of smuggled gold, the seizure also included two mobile phones, a binocular, two knives and several Chinese food items like […]
NEW DELHI — Exhibiting remarkable performance, gold rose by 12 per cent year-to-date, outpacing most major asset classes, the World Gold Council said in its Gold Mid-Year Outlook 2024. It noted that the surge has been driven by continued central bank buying, robust Asian investment flows, resilient consumer demand, and ongoing geopolitical uncertainties. Looking ahead, […]
NEW DELHI — Gold prices are likely to move towards a new high of Rs 70,000, as per a report by ICICI Direct, while silver, remaining supported amid rising industrial demand, may edge higher towards Rs 85,000. Gold prices are likely to rise further on the back of weak dollar and decline in US treasury […]