Industry body urges FM to check rising gold, silver import from UAE
Amid surge in imports of gold and silver from the UAE under the Comprehensive Economic Partnership Agreement (CEPA), All India Jewellers & Goldsmith... Key Points
The Tribune IndiaKashmir Saffron's taking the shine off silver Varq
Top-quality, pure saffron is selling for INR4,950 per 10g this year, compared with INR800 for the same amount of silver varq. Prices for gold leaf are still commanding a premium at INR59,000 per 10g, up 40% from last year. Saffron has become more expensive since gaining a geographical indication tag indicating its origin and qualities, with prices hitting INR4.9 lakh ($6,821) per kilogram, up from INR2.8 lakh last year. Key Points
Economic Timessilver ETFs shine, AUM at Rs 1,800 cr
Silver exchange-traded funds (ETFs) are gradually gaining popularity as an asset class among investors. According to data from the NSE, as of March 31, the total assets under management (AUM) for silver ETFs stood at Rs 1,792 crore. Key Points
FinancialexpressIndian weightlifter Bindyarani Devi wins silver at Asian Championships
Indian weightlifter Bindyarani Devi lifted 80kg and 83kg in her first two snatch attempts with relative ease but her 85kg try was deemed a no lift. She covered up her underwhelming snatch performance by lifting the second highest weight in clean and jerk to take home the silver in the section. Key Points
Economic TimesSafe haven or industrial demand? Why silver has returned to the spotlight
Silver prices have surged to a near one-year high on the back of increased demand optimism and a weak US dollar. Silvers boost comes from industrial demand, particularly from China, where consumption and industrial production have picked up after scrapping COVID restrictions. In addition to traditional uses such as jewelry, coins, and photography, new areas of demand have arisen for silver, such as renewable energy and electric vehicle batteries. The balance between demand and supply will be a significant driver for prices, with global silver demand outpacing supply. Key Points
Economic Times
Silver's the new gold for your portfolio, can hit Rs 90,000 soon
Investors may want to add silver to their portfolios as the gold-silver ratio indicates a shift in preference to the cheaper metal, driven by recent rises in gold prices and increased industrial demand. Both gold and silver have risen about 11% so far in 2023, but analysts believe that the rally in silver prices could last longer given its wide industrial usage. Key Points
Economic TimesLearn with ETMarkets: How to exploit inflation beating abilities of gold, silver ETFs?
Gold and silver Exchange-Traded Funds (ETFs) provide a convenient and effective strategy for investors to protect their wealth during inflation. Unlike physical bullion, ETFs allow investors to own a share of a larger pool of gold or silver held by the fund, simplifying the investment process. ETFs also offer diversification and risk mitigation by holding a diversified portfolio of precious metals. They are highly liquid investments, easily tradable on stock exchanges, and provide transparency in terms of holdings and performance. Key Points
Economic TimesWeek Ahead: Traders to closely monitor Fed Chair’s testimony; Gold support at Rs 58900, resistance at Rs 60170
This week MCX Gold August future has resistance at Rs 60170 per 10 grams and support at Rs 58900 per 10 grams. MCX silver July contract has resistance at Rs 73980 per 1kg and support at Rs 71370. Key Points
FinancialexpressGold resumes uptrend after US Fed Federal policy, bullish trend to expand this week; macro forces at play
Gold has resumed uptrend post Federal Reserve policy outcome as traders assessed the latest comments from the Federal Reserve as taking a dovish stance. Further fall in dollar index and bond yields boosting appeal of precious metal. Key Points
FinancialexpressGold will probably reach $2350-2400 per ounce very quickly; silver may have more upside: Peter McGuire
Peter McGuire predicts silver to outperform gold, driven by underinvestment and industrial demand. Geopolitical tensions could push crude prices higher, while Bitcoin's volatility continues amidst stable USD index. The economic outlook for the second quarter remains uncertain. McGuire also says that silver might have more upside than gold over the next matter of months in the sense of performance and ratio to gold . Key Points
Economic Times
Beyonce's mother Tina reacts to claims of the singer 'wanting to be white’
Beyonce's recently made news with her new hair look at the premiere of Renaissance: A Film By Beyoncé. She appeared in a platinum blonde hair look. Key Points
Hindustan TimesWhy are gold and silver valuable additions to an investor's portfolio? Explained
Stock market indices are breaking records, while bond yields have eased globally. Gold and silver are valuable additions to a diversified portfolio, offering uncorrelated assets to equities. Both metals perform well during economic challenges, providing inflation protection and high returns. Key Points
mintGold slips Rs 50; silver jumps Rs 600
New Delhi, Dec 21 (PTI) Gold on Thursday slipped Rs 50 to Rs 63,050 per 10 grams in the national capital amid bearish trade in the overseas markets, according to HDFC Securities. In the previous close, the yellow metal had ended at Rs 63,100 per 10 grams. However, silver bounced Rs 600 to Rs 79,100 […] Key Points
ThePrintGold jumps Rs 300; silver rallies Rs 800
New Delhi, Dec 20 (PTI) Gold price jumped Rs 300 to Rs 63,100 per 10 grams in the national capital on Wednesday amid strong cues in international markets, according to HDFC Securities. The precious metal had closed at Rs 62,800 per 10 grams in the previous trade. silver also rallied Rs 800 to Rs 78,500 […] Key Points
ThePrintGold rises Rs 50, silver slumps Rs 250
New Delhi, Dec 19 (PTI) Gold edged higher by Rs 50 to Rs 62,800 per 10 grams in the national capital on Tuesday amid gains in the precious metal prices internationally, according to HDFC Securities. In the previous trade, the yellow metal had closed at Rs 62,750 per 10 grams. However, silver slumped Rs 250 […] Key Points
ThePrintGold rises Rs 50; silver remains flat
New Delhi, Nov 22 (PTI) Gold price rose Rs 50 to Rs 62,200 per 10 grams in the national capital on Wednesday amid gains in precious metal’s price in international markets, according to HDFC Securities. The yellow metal had closed at Rs 62,150 per 10 grams in the previous trade. However, silver remained flat at […] Key Points
ThePrintCommodity Talk: silver could outperform gold in medium term: Kishore Narne
“Silver has been very volatile this year gaining 6% year-to-date on the domestic front; similarly, gold has tested its extremes on both sides and is now steadily gaining momentum posting gains of 11% YTD. In the month of November month-to-date, gold has slightly inched higher while silver has gained by 2%, following an up-move in industrial metal as well.” Key Points
Economic TimesGold climbs Rs 380; silver advances Rs 100
New Delhi, Nov 21 (PTI) Gold prices climbed Rs 380 to Rs 62,150 per 10 grams in the national capital on Tuesday amid strong global cues, according to HDFC Securities. In the previous trade, the precious metal settled at Rs 61,770 per 10 grams. silver also edged up by Rs 100 to Rs 76,400 per […] Key Points
ThePrintGold falls Rs 50; silver declines by Rs 300
New Delhi, Nov 20 (PTI) Gold prices eased by Rs 50 to Rs 61,770 per 10 grams in the national capital on Monday in line with weak global cues, according to HDFC Securities. In the previous trade, the precious metal had settled at Rs 61,820 per 10 grams. silver also declined by Rs 300 to […] Key Points
ThePrintGold remains flat at Rs 61,210/10 gm; silver climbs Rs 300
New Delhi, Nov 16 (PTI) Gold price remained flat at Rs 61,210 per 10 grams in the national capital on Thursday, according to HDFC Securities. However, silver climbed Rs 300 to Rs 75,300 per kilogram. In the previous trade, it had settled at Rs 75,000 per kg. In the global markets, gold was slightly down […] Key Points
ThePrint
Alia Bhatt dazzles in a silver saree for the launch of NMACC. See pics
Alia Bhatt arrived in a silver saree for the launch of the Nita Mukesh Ambani Cultural Centre in Mumbai on Friday. Her parents and sister Shaheen also attended. | Bollywood Key Points
Hindustan TimesIndian lifters bag two bronze on day 1 of World Youth Championships
Jyoshna won silver in the snatch section but was sixth in the clean and jerk category in the seven-lifter field. Dhanush, on the other hand, heaved a total weight of 200kg (88kg+112kg) to finish third behind Filipinos Prince K. Delos Santos and Eron Borres in the men's 49kg event. The 16-year-old won a silver medal in the snatch category. Key Points
Economic TimesGold eases ₹305; silver drops ₹805
Gold and silver rates today: The yellow metal had settled at ₹56,340 per 10 grams in the previous trade. silver also plummeted ₹805 to ₹65,095 per kg. Key Points
Hindustan TimesGold inches ₹250, silver dips marginally: Check latest rates on May 11
Gold, silver prices: The price of 24 carat gold also soared on Thursday. One gram of 24-carat gold is priced at ₹6,213. Key Points
Hindustan TimesGold gains over 11% in FY2024 so far. But are these best returns in last 10 years?
As the financial year 2023-24 (April-March) is set to close in a week, gold's returns so far amount to an impressive 11% beating the inflation by nearly twice. However, returns by silver over the same period have been a mere 3.2%. Key Points
Economic Times
Gold Rate Today: Yellow metal hits yet another life high of Rs 65,298; monthly gains extend to over Rs 2,7
Gold reached a new lifetime high on the MCX due to hopes of a US Federal Reserve interest rate cut. MCX silver declined while the dollar index (DXY) fell. Gold and silver futures on Comex were trading at $2,158.50 and $24.390 per troy ounce, respectively. Key Points
Economic TimesThere’s no silver bullet to leadership; live by values!
India Business News: Learn about the importance of values in leadership and how they can guide your path. Find out why there is no one-size-fits-all approach to leadership. Key Points
Times Of IndiaGold rises Rs 100; silver plunges Rs 350
New Delhi, Dec 27 (PTI) Gold prices rose Rs 100 to Rs 63,850 per 10 grams in the national capital on Wednesday amid a bullish trend in the global markets, according to HDFC Securities. In the previous close, the precious metal had closed at Rs 63,750 per 10 grams. However, silver plunged Rs 350 to […] Key Points
ThePrintGold Rate Today: As yellow metal trades at historic highs, is it time to book some profits?
MCX February gold futures were trading at Rs 62635 at the opening time, up Rs 266 or 0.43% from Monday's closing price. Meanwhile, the March silver futures were trading at Rs 76,220 per kg, higher by Rs 52 or 0.07% Key Points
Economic TimesGold drops Rs 50; silver declines Rs 200
New Delhi, Nov 24 (PTI) Gold prices dived Rs 50 to Rs 62,120 per 10 grams in the national capital on Friday amid fall in precious metal’s price in global markets, according to HDFC Securities. In the previous trade, the yellow metal had closed at Rs 62,170 per 10 grams. silver also declined Rs 200 […] Key Points
ThePrintGold slips Rs 30 to Rs 62,170/10 grams
New Delhi, Nov 23 (PTI) Gold price slipped Rs 30 to Rs 62,170 per 10 grams in the national capital on Thursday amid weak global cues, according to HDFC Securities. The yellow metal had ended at Rs 62,200 per 10 grams in the previous trade. However, silver remained flat for the second straight session at […] Key Points
ThePrintGold rises Rs 50; silver decline Rs 500
New Delhi, Oct 24 (PTI) Gold price rose Rs 50 to Rs 61,650 per 10 grams in the national capital on Tuesday, according to HDFC Securities. In the previous trade, the yellow metal had ended at Rs 61,600 per 10 grams. Gold price fluctuated within a small range, as investors looked for fresh developments regarding […] Key Points
ThePrintLakme Fashion Week: Adah Sharma, Diana Penty, and others stun as showstoppers
The fifth day of Lakme Fashion Week was a glamorous event, with Sobhita Dhulipala, Diana Penty, Kriti Kharbanda, and Adah Sharma gracing the runway. All pics. | Fashion Trends Key Points
Hindustan TimesPremji invest leads $35 million Series B round in Giva
Premji Invest is leading a $35 million Series B funding round in Giva, an omnichannel jewellery company. The funding will be used to expand the company's physical presence. Key Points
mintsilver Lake secures 63% stake in Software AG after months-long pursuit
U.S. private equity firm silver Lake said on Thursday it has secured a majority of 63% in Software AG and intends to pursue a delisting of the business software developer. Key Points
Reuters
Precious metals outlook moderately bearish as recession calls delayed, safe-haven demand for gold, silver subsides
The short-term outlook for precious metals is expected to be moderately bearish with reduced safe-haven demand. Crude oil prices recovered after progress was made on the US debt deal and OPEC supply cuts, while natural gas prices declined due to mild weather conditions affecting demand. Key Points
FinancialexpressNora Fatehi turns up the heat in jaw-dropping sequin bralette and denim shorts
Nora Fatehi set the internet on fire with her latest smoking hot look featuring a silver sequin bralette and safety pin design denim shorts. Scroll down to take some fashion notes. | Fashion Trends Key Points
Hindustan TimesPM Narendra Modi gifts sandalwood box, 24-carat gold coin & 7.5-carat green diamond to Bidens at private d
Indian Prime Minister Narendra Modi gifted a handcrafted sandalwood box with a silver idol of Lord Ganesha and a 7.5-carat lab-grown green diamond to US President Joe Biden and First Lady Jill Biden, respectively. Key Points
Economic TimesETMarkets Smart Talk | Allocate 10-15% to gold & silver; Nifty can head to 20,100 in 2023: Dr Mohit Batra
Founder and CEO of MarketsMojo, Dr. Mohit Batra, advises investors to not evaluate their investments on a year-to-year basis and instead use a time frame of 3 to 5 years. Batra believes that the Indian equity market will provide returns in the teens in 2023, with a Nifty target of 20,100. As for the crisis in Go First, Batra anticipates that the pent-up demand in the aviation sector will begin to cool off in the next three to six months. Batra suggests that investors should allocate 10 to 15% of their net worth in gold and silver. Key Points
Economic TimesCentre increased import duty on gold and silver coins to 15%
The government has increased import duties on gold and silver finding and coins to 15%, including basic custom duty and ADIC. The new rates will be effective January 22. The government also increased import duties on silver dore, bars, and articles to align with gold and platinum import duties. Key Points
Economic Times
Beyoncé's mom criticizes haters at 'racist' skin lightening comments
Several neitizens criticized Beyoncé for her new look, saying she looks so white”, on social media. Tina Knowles defended her daughter and called the comments racist in a lengthy Instagram post. Key Points
Economic TimesShilpa Shetty, Rani Mukerji and other celebs at Anil Kapoor's Karwa Chauth bash
Rani Mukerji, Sonam Kapoor, Shilpa Shetty, Varun Dhawan and other celebs arrived at Anil Kapoor's Juhu residence to celebrate Karwa Chauth. All pics, videos. | Fashion Trends Key Points
Hindustan TimesMet Gala 2023: Naomi Campbell makes appearance in saree gown look | Watch
Met Gala 2023: On the Met Gala red carpet, Naomi wore a gown which she draped like a saree. Naomi's ensemble features luscious pink fabric draped over one shoulder, plus a shimmering silver sequin bodice and matching silver trim. Key Points
mintKajol and Nysa Devgan are royalty in new NMACC photos, serve wedding fashion goals. All moms and daughters, take notes
Kajol and Nysa Devgan are royalty in new photos of their regal looks for NMACC. They served wedding fashion goals, and mom-daughter duos should take notes. | Fashion Trends Key Points
Hindustan TimesHow to buy Gold coins, bars online from MMTC-PAMP website this Dhanteras
You can buy gold and silver coins and bars completely online through the MMTC-PAMP website. Further MMTC-PAMP also is London Bullion Market Association (LBMA) accredited, hence the products sold here are of good quality. However cash on delivery (COD) is not available and all orders are mandatorily prepaid only. Key Points
Economic Times
Victim of Pompeii's ancient volcanic eruption found lying on bed with gold
The woman was lying on a bed with gold, silver and bronze coins around her, along with jewelry including gold and pearl earrings. The man lay at the foot of the bed. Key Points
India TodayGold falls to Rs 66,140 per 10 grams; silver declines Rs 100
New Delhi, Mar 18 (PTI) Gold price marginally fell Rs 10 to Rs 66,140 per 10 grams in the national capital on Monday, according to HDFC Securities. The precious metal had closed at Rs 66,150 per 10 grams in the previous trade. silver also declined Rs 100 to Rs 77,000 per kg. Show Full Article […] Key Points
ThePrintGold climbs Rs 250; silver tumbles Rs 500
New Delhi, Feb 19 (PTI) Gold prices climbed Rs 250 to Rs 62,800 per 10 grams in the national capital on Monday amid a rise in the precious metal’s prices in the global markets, according to HDFC Securities. In the previous close, the yellow metal had ended at Rs 62,550 per 10 grams. However, silver […] Key Points
ThePrintCommodity Talk: Key factors that will set the tone for gold, silver & commodities this week
Crude oil prices rose due to geopolitical tensions. Last week, gold and silver ended negatively, while silver showed resilience amid base metals downturn. Energy prices were favorable, driven by crude oil increase. Key factors include US inflation data and PPI data, along with speeches by Fed governors. The headline inflation is expected to come down to 2.9%, which was 3.4% last month. Key Points
Economic TimesGold declines Rs 150; silver plunges Rs 400
New Delhi, Feb 5 (PTI) Gold prices declined Rs 150 to Rs 63,350 per 10 grams in the national capital on Monday amid weak global cues, according to HDFC Securities. In the previous trade, the precious metal had ended at Rs 63,500 per 10 grams. silver also plunged Rs 400 to Rs 75,500 per kilogram, […] Key Points
ThePrintGold rises Rs 100; silver jumps Rs 200
New Delhi, Jan 23 (PTI) Gold prices increased Rs 100 to Rs 63,250 per 10 grams in the national capital on Tuesday amid a jump in precious metal prices globally, according to HDFC Securities. In the previous session, the yellow metal had settled at Rs 63,150 per 10 grams. silver also rose Rs 200 to […] Key Points
ThePrintVideo: CEO dies in freak 'iron cage' accident at company event in Hyderabad
The CEO, Sanjay Shah, and his colleague went inside an iron cage that was to be lowered from a height on the stage as part of the private firm's silver jubilee celebrations. Police said they both fell when the iron chain holding the cage broke from one side. Key Points
India TodayGold falls Rs 80; silver tumbles Rs 700
New Delhi, Dec 13 (PTI) Gold prices slipped Rs 80 to Rs 61,820 per 10 grams in the national capital on Wednesday amid weak global cues, according to HDFC Securities. The precious metal had closed at Rs 61,900 in its previous close. silver also tumbled Rs 700 to Rs 75,050 per kilogram. Show Full Article […] Key Points
ThePrintGold declines Rs 150 to Rs 61,900 per 10 grams
New Delhi, Dec 12 (PTI) Gold declined Rs 150 to Rs 61,900 per 10 grams in the national capital on Tuesday amid a fall in precious metal prices internationally, according to HDFC Securities. The yellow metal had settled at Rs 62,050 per 10 grams in the previous trade. silver also slipped Rs 150 to Rs […] Key Points
ThePrintGold climbs Rs 100; silver declines Rs 200
New Delhi, Dec 8 (PTI) Gold climbed Rs 100 to Rs 63,050 per 10 grams in the national capital on Friday amid rise in precious metal prices in the overseas markets, according to HDFC Securities. In the previous trade, the precious metal had finished at Rs 62,950 per 10 grams. However, silver declined Rs 200 […] Key Points
ThePrintGold rises Rs 100; silver jumps Rs 500
New Delhi, Dec 1 (PTI) Gold prices rose Rs 100 to Rs 63,300 per 10 grams in the national capital on Friday amid gains in precious metal price globally, according to HDFC Securities. The yellow metal had closed at Rs 63,200 per 10 grams in the previous trade. silver also jumped Rs 500 to Rs […] Key Points
ThePrintGold declines Rs 300 to Rs 63,200/10 gms
New Delhi, Nov 30 (PTI) Gold retreated from its all-time high in the national capital on Thursday, declining by Rs 300 to Rs 63,200 per 10 grams, according to HDFC Securities. The precious metal had settled at Rs 63,500 per 10 grams in the previous trade. However, silver jumped Rs 200 to Rs 79,200 per […] Key Points
ThePrintGold jumps Rs 540; silver rallies Rs 1,200
New Delhi, Nov 17 (PTI) Gold price jumped Rs 540 to Rs 61,750 per 10 grams in the national capital on Friday amid strong global cues, according to HDFC Securities. The precious metal had ended at Rs 61,210 per 10 grams in the previous trade. silver also rallied Rs 1,200 to Rs 76,500 per kg. […] Key Points
ThePrintVocal for local cheer amplifies: China foresees Rs 1 lakh crore Diwali trade loss
The call for 'Vocal for Local' reverberates, with consumers showcasing a strong preference for Made in India products. China is poised to lose around Rs 1 lakh crore in business related to Diwali festival items, as per an ANI report. Key Points
Economic Times