Gold Silver Reports (GSR) – “A lot of people have been buying at one rupee,” according to Gaurav Mathur, managing director of digital platform SafeGold, which has partnered with payments apps such as Flipkart Online Services Pvt.’s PhonePe to sell gold starting at that price. “It’s a low-risk way to try the product.”
Silver rates today
Gold Prices Up Rs 250, Silver Zoom Rs 800 – Gold Silver Reports
Silver gained Rs 800 to close at Rs 38,500 per kg on higher demand from industrial units and coin makers.
Gold Prices soar Today, Silver Rates Surge ₹ 800
Tracking gold, silver rates also surged Rs 800 to 37,360 per kg on strong demand from industrial units and coin makers. Gold of 99.9% and 99.5% purity advanced Rs 390 each to Rs 31,850 and Rs 31,700 per 10 gram, respectively. Sovereign gold held steady at Rs 24,700 per piece of 8 grams.
Gold Demand in India, Second Biggest Gold Consumer after China
Gold Silver Reports (GSR) – Gold demand in India, the second biggest gold consumer after China, usually picks up towards the end of the year going into the wedding and festival season. Traders expect the recent fall in domestic gold prices to perk up demand.
Gold Breaking News – The $200 Trillion Gold Rush that Reshaped Private Banking
Gold Silver Reports (GSR) – For some banks, this burgeoning affluence brightened an otherwise dreary postcrisis landscape. Giants including UBS, Morgan Stanley, and Bank of America seized the opportunity. With trading desks hamstrung by a flurry of new rules, banks set out to woo the growing ranks of the super rich.
Silver Prices Drop Rs 500 on Weak Demand, Gold Rates Fall Rs 200
Gold Silver Reports (GSR) – Silver, too, slumped by Rs 500 to Rs 37,300 per kg owing to reduced demand from industrial units.
Gold Prices Fall For Second Day, Silver Rates Decline
Gold Silver Reports (GSR) – Gold rates today slipped by Rs 100 to Rs 32,000 per 10 grams. Steady global prices capped the fall in domestic gold rates, traders said. Tracking gold, silver rates today fell by Rs 200 to Rs 37,900 per kg, hurt by lower offtake by industrial units and coin makers. Prices of gold of 99.9% and 99.5% purity fell by Rs 100 each to Rs 32,000 and Rs 31,850 per 10 gram, respectively.