The price of 22-carat gold also witnessed a rise of Rs 10, with ten grams of the yellow metal selling at Rs 74,410

Gold prices saw a steep surge of Rs 1,000 and breached the psychological Rs 82,000 per 10 grams-mark for the fist time in the national capital on Wednesday, amid robust buying by jewellers ahead of Diwali. According to the All India Sarafa Association, the yellow metal of 99.9 per cent purity soared by Rs 1,000 to hit a fresh peak of Rs 82,400 per...

The country's gold imports, which have a bearing on the country's current account deficit (CAD), rose by 21.78 per cent to USD 27 billion during April-September this fiscal due to strong domestic demand, according to the government data. The imports stood at USD 22.25 billion in April-September 2023-24. An industry expert said that the ongoing festival...

India's gold demand witnessed an 18 per cent on-year growth during the July-September quarter of this year to 248.3 tonnes, as the reduction in gold import duty resulted in a revival in jewellery demand, the World Gold Council (WGC) said in a report on Wednesday. The overall gold demand during the corresponding quarter of last year stood at 210.2...

Gold demand in the world's second-biggest consumer of the precious metal could stand between 700 and 750 metric tons in 2024, the lowest since 2020 and down from last year's 761 tons

Total demand for gold, including opaque OTC trading, rose 5 per cent to 1,313 tons, a record for a third quarter, the WGC said