With economic activities reaching pre-pandemic levels, India Ratings expects the momentum to continue into FY22, backed by a softening of gold prices
Silver also looks bullish, considering its demand from green energy segment and automotive and electric vehicles and gadgets segments
Imports rise by 6.96% to $40.54 billion, February trade deficit stands at $10.16 billion
"Spot gold prices for 24 carat in Delhi were Rs 61 higher despite of rupee appreciation," said Tapan Patel, HDFC Securities, Senior Analyst (Commoditi
Given its record of returns, gold is considered as one of the best-performing asset classes
On MCX, April gold contracts were trading lower by 0.3% at Rs 44,737 for 10 grams in early trade, while May silver futures, too, were trading 0.5% low
Gold futures edged higher sharply after breaking above $1700 per ounce but flipped back after hitting one week high near $1740 per ounce as soaring eq
Gold is one of the most coveted metals in the world; it has been used as a medium of exchange longer than any currency in history
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Continuing flows in gold ETFs further indicate increased acceptance of these efficient forms of owning gold