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Bhubaneswar: Gold in Odisha sold for Rs 250 crore on Dhanteras despite the skyrocketing price of gold. People rushed to jewellery shops to buy gold, as it is regarded auspicious to buy gold on Dhanteras. Every year on Dhanteras the gold prices surge due to demand and this year is no exception. The gold price in Odisha stood at Rs 1,21,883 per 10 grams. A huge rush was witnessed in several jewellery shops to buy gold. As per reports, jewellery shops in Bhubaneswar, Cuttack, Sambalpur, Berhampur ...Read More >
In the UAE, jewellers sell gold ornaments and jewellery designed with a purity of 22K, 21K, and 18K. But as precious metal prices are trading at an all-time high, demand for more affordable ornaments is growing. In India, 14K jewellery has been much in demand ahead of the festival and wedding season amidst record-high prices. But will there be any takers of this new affordable variant if introduced by Dubai jewellers? In the UAE market, Vinay Jethwani, Partner, Meena Jewellers, said it's also i ...Read More >
MUMBAI, Oct 19 -- Soaring gold prices led Indian buyers to choose coins and bars over jewellery during the Dhanteras festival yesterday, fuelled by hopes that the precious metal's glittering rally would continue, industry officials told Reuters. Dhanteras, which marks the start of the five-day Diwali festival of lights, is considered auspicious for buying gold and is one of the busiest gold-buying days in the world's second-biggest consumer of the metal. Overall gold sales during Dhanteras wer ...Read More >
Hyderabad: Gold and silver prices may be reigning close to their all-time highs of over 1.3 lakh/10 gm (999 purity, including GST) and over 1.7 lakh/kg, respectively, but price seems to be no bar for precious metal lovers this Dhanteras.All thanks to massive returns of over 65% given by the yellow metal in just one year and silver also shining bright with over 80% returns since last Dhanteras. "The overall sentiment is very positive despite rising prices. Both gold and silver are being purchased ...Read More >
Mumbai, Oct 18: Silver futures on the Multi Commodity Exchange (MCX) saw its biggest intraday correction, dropping 16,715 points from the session high to the low, nearly 10 per cent from their peak, before recovering to close with modest gains. Silver futures reached a session high of ₹1,70,415 per kilogramme, before slipping to an intraday low of ₹1,53,700 on Friday, as global safe-haven demand eased, and finally closed at ₹1,57,300, an increase of 0.44 per cent from the previous close. India ...Read More >
Nagpur: The raging prices of gold and silver eased further on Dhanteras - the day when there is a rush to buy precious metals -- much to consumers' delight. Jewellers said this has helped in drawing customers during the festive season.On Saturday, gold rates fell by 2,500/tola to touch 1.28 lakh/tola and silver was down by 7,000/ kg at 1.70 lakh/kg. Meanwhile, platinum prices which were stagnant over the years touched 60,000 per 10gm -- an increase of 11,000 in a month, said market sources. At t ...Read More >
Lucknow: The sarrafa market experienced a dip in gold and silver sales volumes this Dhanteras compared to last year, largely due to the surge in precious metal prices. However, the overall sales value saw a notable increase, underscoring the enduring demand for these precious commodities.According to Lucknow Sarrafa Market Association, about 42kg gold worth Rs 55 crore and 850kg silver costing Rs 14 crore were sold from jewellery stores across the city by 9.30 pm.Adesh Jain, senior vice-presiden ...Read More >
CHENNAI: As global uncertainties persist, ranging from inflation and geopolitical tensions to fluctuations in the US dollar, investors are increasingly turning to precious metals. With both metals experiencing rising prices, investment expert Dharmasri Rajeswaran of Sai Sharetute told Maalaimalar that gold continues to be a safer long-term option, while silver's volatility makes it a riskier choice for long-term investment. Rajeswaran said that while both gold and silver are better investment o ...Read More >
New Delhi [India], October 18 (ANI): After a bumper rally over the past few weeks, the precious metals market witnessed a sharp correction on Friday, as both Gold and Silver prices tumbled on the Multi Commodity Exchange (MCX). The decline came amid a profit-taking wave triggered by specific external market factors that temporarily eased geopolitical and economic anxieties. Gold prices of 24 kt on MCX, which had recently touched a record high of Rs 1,32,294 per 10 grams, fell by around 3 per c ...Read More >
Pune: In the bustling markets and upscale showrooms of the city, Dhanteras is a mix of ritual and restraint this year. Buyers are opting for lighter jewellery or turning to silver as a more affordable yet auspicious choice with gold prices straining household budgets.Jewellery stores have reported a steady footfall, even though purchases are more measured.Chairman and MD of PNG Jewellers Saurabh Gadgil said the festive season has begun on a positive note, with a steady demand continuing from Das ...Read More >
Shimla (Himachal Pradesh) [India], October 17 (ANI): As the festive season of Dhanteras and Diwali draws near, gold fever has gripped Himachal Pradesh's capital Shimla and other regions of the state. Despite the sharp rise in gold prices, jewellery exhibitions and showrooms are witnessing heavy foot traffic, with people flocking to buy ornaments for both traditional and investment purposes. In Shimla, the enthusiasm for gold is undiminished, even as prices continue to climb. Gold and silver are ...Read More >
New Delhi- Gold prices surged by Rs 3,200 to touch a new lifetime high of Rs 1,34,800 per 10 grams in the national capital on Friday, buoyed by strong festive buying by jewellers and retailers ahead of Dhanteras, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity had ended at Rs 1,31,600 per 10 grams in the previous session. In tandem, gold of 99.5 per cent purity also jumped by Rs 3,200 to scale an all-time high of Rs 1,34,200 per 10 grams (inclusive of ...Read More >
As the festive season kicks off in India, Gold prices have surged to an all-time high, leaving many surprised. In just one day, the price increased by over Rs. 3,000. Currently, the cost of 10 grams of 24-carat is Rs. 1,31000, while 22-carat for the same weight is at Rs. 1,15,350. However, these rates may vary slightly depending on the region. With Dhanteras on Saturday followed by Diwali, these metals usually see a spike in purchases. However, the current price hike might impact buying decisio ...Read More >
Gold smuggling into India has surged ahead of the Dhanteras and Diwali festivals due to record-high prices and tight supply, officials said. After import duties were cut from 15% to 6%, smuggling had dropped, but rising demand and limited availability have made illegal imports highly profitable. Gold prices hit a record ₹1,28,395 per 10 grams, with smugglers earning over ₹11 lakh per kilogram. Gold smuggling into India has spiked ahead of key festivals, government and industry officials told ...Read More >
Gold's glittering rally is expected to continue, with prices likely to climb towards $4,500 per ounce in overseas markets, supported by sustained global central bank purchases, persistent geopolitical tensions, and strong Asian demand, according to a report by Motilal Oswal Financial Services Ltd. Silver, which has outperformed gold in terms of returns so far this year, is projected to climb to around $75 per ounce, aided by robust industrial consumption and a widening supply deficit, the repor ...Read More >
New Delhi, Oct 17 (PTI) Gold prices surged by Rs 2,442 to touch an all-time high of Rs 1,32,294 per 10 grams in the domestic futures trade on Friday, driven by safe-haven demand as investors weighed deepening global economic uncertainties and expectations of monetary easing by the US Federal Reserve. On the Multi Commodity Exchange (MCX), the yellow metal futures for December delivery increased by Rs 2,442, or 1.88 per cent, to hit a lifetime high of Rs 1,32,294 per 10 grams. Similarly, the Fe ...Read More >
Gold and silver prices extended their record rally, hitting fresh lifetime highs on October 16. This comes as the precious metals remain in focus amid expectations of heightened demand ahead of Dhanteras. Gold futures on the Multi Commodity Exchange of India (MCX) rose around 1 percent (Rs 1,185 per 10 grams) to hit a new lifetime high of Rs 1,28,395 per 10 grams. Gold futures with February and April expiries also hit fresh lifetime highs of Rs 1,29,380 per 10 grams and Rs 1,30,877 per 10 grams ...Read More >
Ahmedabad: Gold stole the show and silver missed the party on Pushya Nakshatra on Tuesday. The yellow precious metal strutted its stuff, hitting a lifetime high of Rs 1,32,000 per 10g, while silver barely moved but still commanded a record Rs 1.8 lakh per kg. Jewellers reported almost no fresh silver sales, with only pre-booked or small-volume pieces available amid a global shortage.According to preliminary estimates by the Indian Bullion & Jewellers Association (IBJA), Ahmedabad alone saw aroun ...Read More >
NEW DELHI, Oct 16: Gold prices in Delhi slipped by ₹200 to ₹1,31,600 per 10 grams on Thursday after hitting a record ₹1,31,800 in the previous session, due to profit booking, according to the All India Sarafa Association. Gold of 99.5% purity also fell by ₹200 to ₹1,31,000 per 10 grams. Meanwhile, silver prices rebounded sharply, rising ₹2,000 to ₹1,84,000 per kilogram, close to their record high of ₹1,85,000 reached earlier this week. On the global front, spot gold surged nearly 1% to an all- ...Read More >
Gold Rate in India: The 5-day sharp rally in gold rate in India finally came to a halt on Thursday, October 16, when gold prices remained stagnant. Meanwhile, silver rate in India saw a mild decline. The minor halt has raised expectations of some price corrections ahead of Dhanteras festival celebration on Saturday. However, extended US shutdown concerns, US-China trade tensions, and geopolitical concerns are likely support the precious metals' movement on Friday, October 17. Gold rate in India ...Read More >
New Delhi: Gold prices on Thursday surged by Rs 1,185 to scale an all-time high of Rs 1,28,395 per 10 grams in the domestic futures trade, while the yellow metal crossed the USD 4,250 per ounce globally, driven by expectations of interest rate cuts by the US Federal Reserve, and persistent geopolitical tensions. On the Multi Commodity Exchange (MCX), gold futures for December delivery climbed by Rs 1,185, or 0.93 per cent, to reach a new peak of Rs 1,28,395 per 10 grams.Extending the gains for ...Read More >
New Delhi, Oct 16 (PTI) Gold prices on Thursday surged by Rs 1,185 to scale an all-time high of Rs 1,28,395 per 10 grams in the domestic futures trade, while the yellow metal crossed the USD 4,250 per ounce globally, driven by expectations of interest rate cuts by the US Federal Reserve, and persistent geopolitical tensions. On the Multi Commodity Exchange (MCX), gold futures for December delivery climbed by Rs 1,185, or 0.93 per cent, to reach a new peak of Rs 1,28,395 per 10 grams. Extending ...Read More >
Patna (Bihar) [India], October 16 (ANI): In order to curb the use of money power in the Bihar Assembly elections, the Enforcement Agencies have seized a total of liquor, cash, narcotics and other valuables worth Rs 1.284 crore on Wednesday, taking the total items seized to Rs 37.14 crore, the State Chief Electoral Officer said. The agencies on Wednesday seized liquor worth Rs 78.7 lakh, narcotics of Rs 25 lakh, precious metals worth Rs 20 lakh, along with other freebies costing Rs 15 lakh, and ...Read More >
New Delhi, Oct 6 (PTI) Gold prices skyrocketed by Rs 9,700 to scale a fresh peak of Rs 1,30,300 per 10 grams in the national capital on Monday, lifted by safe-haven buying in the overseas markets and depreciation in the Indian rupee. According to the All India Sarafa Association, the yellow metal of 99.9 per cent purity had closed at Rs 1,20,600 per 10 grams on Friday. In the local bullion market, gold of 99.5 per cent purity jumped by Rs 2,700 to hit a record high of Rs 1,22,700 per 10 grams ...Read More >
Gold prices fell ₹643 to ₹1,16,945 per 10 grams in futures trade on Friday (October 3, 2025), retreating from record high as investors booked profits amid caution over the US government shutdown and Fed policy outlook. On the MCX, gold futures for December delivery declined ₹643 or 0.55% to ₹1,16,945 per 10 grams in a turnover of 15,733 lots, snapping a five-day winning streak. On Wednesday, the contract had scaled a lifetime high of ₹1,18,444 per 10 grams. Similarly, the February 20 ...Read More >
Akhilesh Yadav wrote, "The reality is that now a poor person cannot even give a small piece of gold at weddings as a blessing. Forget gold; even silver has gone out of the reach of the poor due to the hoarding of precious metals by BJP leaders," reported PTI. The Samajwadi Party chief further emphasised that the government's defence would be that gold prices are determined by international markets, and asked why luxury metals continue to see rising demand despite the price surge. He added, "If ...Read More >
New Delhi, Oct 1 (PTI) Gold prices rallied by Rs 1,100 to breach the Rs 1.21 lakh per 10 grams mark in the national capital on Wednesday, tracking firm global cues amid the US government shutdown after Congress failed to approve fresh federal funding. According to the All India Sarafa Association, the precious metal of 99.9 per cent purity jumped Rs 1,100 to hit a fresh peak of Rs 1,21,100 per 10 grams (inclusive of all taxes). It had closed at Rs 1,20,000 per 10 grams on Tuesday. In the local ...Read More >
New Delhi: Gold prices climbed Rs 500 to touch record Rs1.20 lakh per 10 grams in the national capital due to a weak dollar and expectations of further rate cuts by the US Federal Reserve.According to the All India Sarafa Association, the yellow metal had rallied Rs1,500 to close at Rs 1,19,500 per 10 grams on Monday. Gold of 99.5 per cent purity extended the gains for the fourth straight session by rising Rs 500 to hit a record high of Rs 1,19,400 per 10 grams in the local bullion market. The ...Read More >
Gold Rate in India Outlook: US shutdown fears, tariff uncertainty, weak Indian currency valuations, and strong festive season demand are among the key factors fuelling the gold price record rally. After witnessing their best-ever monthly gain in September in 14 years, gold prices will remain highly volatile on Wednesday, October 1. Uncertainty around the US government shutdown will push global investors towards gold. The US government funding is at stake and may collapse by the end of Tuesday i ...Read More >
New Delhi: Gold prices on Tuesday climbed Rs 500 to touch record Rs 1.20 lakh per 10 grams in the national capital due to a weak dollar and expectations of further rate cuts by the US Federal Reserve. The silver prices increa-sed by Rs 500 to hit a new peak of Rs 1,50,500 per kilogram on Tuesday. It had surged Rs 7,000 to hit a fresh peak of Rs 1,50,000 per kg on Monday. According to All India Sarafa Association, the gold had rallied Rs 1,500 to close at Rs 1,19,500 per 10 grams on Monday. Gol ...Read More >
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