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New Delhi, 8th April, 2026: MMTC-PAMP, India's only London Bullion Market Association (LBMA) Good Delivery gold and silver refiner, today announced the launch of the industry's first organized buyback offering for silver coins, bars and jewellery. MMTC-PAMP plans to offer this service at select retail stores across India. At present, MMTC- PAMP operates 17 stores for the recycling of gold in India and aims to extend its hassle-free buyback offering for silver across these centres. In the first ...Read More >
Gold and silver sales on Dhanteras were almost on a par with last year's figures in terms of volume, and more than a 25% higher in value owing to the steep appreciation, belying apprehensions of a sluggishness due to record prices. Gold and silver sales on Dhanteras were almost on a par with last year's figures in terms of volume, and more than a 25% higher in value owing to the steep appreciation, belying apprehensions of a sluggishness due to record prices. Industry executives said the deman ...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 >
Noida/Ghaziabad: As gold and silver prices touched record highs, festive sparkle dimmed across Noida and Ghaziabad on Dhanteras, with jewellers reporting a sharp fall in customer footfall and sales volume compared to last year. According to jewellers, purchases during the first few hours of Saturday were down by at least 30%."Customers preferred lighter jewellery and coins this year," said Nakul Verma, president of the Trans Hindon Jewellers Association, who runs Sharda Jewellers in Mohan Nagar. ...Read More >
Gurgaon: As the first rays of Dhanteras morning touched the city, anticipation was already in the air. The city's markets, from the narrow lanes of Sadar Bazaar to the glitzy malls on MG Road, transformed into a sea of eager shoppers, all set to mark the auspicious day with new purchases. By late evening, it was clear that this Dhanteras had brought not just prosperity but also a renewed sense of excitement among buyers and traders alike.Traders across the city claimed a 30% jump in business com ...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 >
Panaji: A significant correction in international bullion prices brought back the sparkle on Dhanteras, encouraging hesitant customers to invest in gold on Saturday. Jewellers in the state, who had expected a subdued Diwali, were pleasantly surprised by the strong buying interest.The higher-than-expected footfall was driven by the sharp drop in gold prices on Friday on the Multi Commodity Exchange (MCX). After weeks of rising valuations, both gold and silver prices saw a steep correction. The pr ...Read More >
Guwahati: The city was aglow with festive cheer on Saturday as Dhanteras brought a wave of shoppers to the bustling markets. However, this year's celebration revealed a notable shift in consumer behaviour, with many opting for silver items and traditional purchases like brooms, as the soaring prices of gold left buyers cautious.In popular market areas such as Lakhtokia and GS Road, the evening saw a steady stream of shoppers flocking to jewellery stores. Yet, instead of the usual gold splurge, m ...Read More >
Lucknow: The massive jump in silver prices and shortage of physical silver in the form of coins and blocks was threatening to dim Diwali's glimmer this year, but a sudden bounce back on Friday, a day before Dhanteras, has given some hope to jewellers across the state. In the week preceding Dhanteras, the sarafa market was staring at empty shops as customers preferred to wait out the price anomaly where physical silver was selling at a premium over the listed price. Sales started showing some pro ...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 >
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 >
Bhopal (Madhya Pradesh): With the festive season underway and demand at its peak, gold and silver prices may continue to stay high. Sales were low on Pushya Nakshatra, so jewellers are counting on Dhanteras to make up for it. However, the picture isn't quite rosy as customers will have to shell out double the money they spent on Dhanteras last year. For instance, a silver coin that cost Rs 1,000/10 gram last year is about Rs 2,000/10gram, according to jewellers. A shortage of silver has also ad ...Read More >
Hyderabad: Gifting stores across the city have seen a sharp drop in corporate Diwali orders this year, with companies slashing budgets and scaling down on festive spending. Retailers report that while the season remains busy, the mood is far more restrained compared to previous years.Traditional favourites such as sweets, diyas, and dry fruits continue to find a place in corporate hampers, but in smaller quantities. Silver coins, once a Diwali staple in bulk orders, almost disappeared this year. ...Read More >
Ahmedabad: Silver prices reached an all-time high of Rs 1.10 lakh per kg in the Ahmedabad bullion market on Saturday, driven by global geopolitical tensions and strong industrial demand. Bullion traders attribute the surge to heightened uncertainties in international markets, including conflicts in Europe and West Asia, alongside growing silver consumption in sectors such as electronics, solar energy, and electric vehicles."Silver is increasingly seen as a hedge in uncertain times, similar to go ...Read More >
Mumbai, Jun 6 (PTI) The RBI on Friday raised the loan-to-value (LTV) ratio for lending against gold to 85 per cent for borrowings under Rs 2.5 lakh from the present 75 per cent, and spelt out other conditions with an aim to regulate the category in a better way with minimum risk. The LTV ratio has been fixed at 80 per cent for loan amounts between Rs 2.5 lakh and Rs 5 lakh and 75 per cent for loans above Rs 5 lakh, said the Reserve Bank of India (Lending Against Gold and Silver Collateral) Dire ...Read More >
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