2024 set for best calendar year performance for gold in 10 years: WGC
It said that the gold prices are up 28% in USD till November-end.
It said that the gold prices are up 28% in USD till November-end.
Delhi customs have seized about 440 grams of gold from three passengers at the Indira Gandhi International Airport.
As the prices of gold and silver continue to rise amid geo-political tensions, ace global investor Jim Rogers has an advice for people: stay invested in precious metals and nothing can teach us better about bullion than Indian women.
According to Delhi Customs, on the basis of intelligence developed by the Air Intelligence Unit (AIU), a passenger arriving from Jeddah (Saudi Arabia) to Delhi via Kuwait was intercepted after crossing the Green Channel of Customs.
The World Gold Council on Wednesday said the global gold demand swelled about 5% in the third quarter, setting a record for the period and lifting consumption above USD 100 billion for the first time.
The relay quartet stopped the clock at 3:14.12 in Bangkok to marginally better the previous national mark of 3:14.34, set by Ajmal, Vithya Ramraj, Rajesh Ramesh and Subha to win a bronze medal at the Asian Games in Hangzhou last year.
Gold reserves held domestically in India surged 40 per cent in the last 5 years, data from the Reserve Bank of India (RBI) said.
The production of gold from Indian mines surged by 86 per cent in February this year to 255 kg while that of copper increased by 28.7 per cent to 11,000 tonnes, according to data released by the Ministry of Mines on Thursday.
Gold futures, maturing on June 5, 2024, stood at Rs 72,813 per 10 grams on the MCX, up Rs 536 or 0.74 per cent from the previous day’s close of Rs 72,277.
The risk on trade in global markets is witnessing a huge rally in equities as well as gold.
