The focus on equity markets could also be another factor for lower inflow, which have been trading at all-time high levels
22-carat gold was at Rs 45,012/10 gm, up by Rs 757 from Wednesday’s rate of Rs 44,255.
The price of 22-carat gold was at Rs 44,255/10 gm on November 10 trading session.
Watch this video to know how the pandemic lighted gold's glitter?
The 24-carat variant of the yellow metal was trading at Rs 48,143/10 gm, from previous day’s price of Rs 48,141/10 gm
"Gold prices have moderated compared to last year. We are observing good traction in terms of buyers & volume growth," said Ajoy Chawla, CEO, Tanishq.
The 24-carat variant of the yellow metal was trading at Rs 47,702/10 gm, up Rs 190/10 gm from previous day’s price of Rs 47,512/10 gm
Soft prices help gold sales, inflation hits consumer appliances
India's average households consider gold as an investment and keep it safe as an emergency corpus.
Dhanteras 2021: Now you can buy gold for just Rs 1. This is possible through digital gold.