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Tag: gold prices

Indians opt for lighter, lower carat jewellery as gold prices soar

Posted on December 18, 2024 By admin
Indians opt for lighter, lower carat jewellery as gold prices soar

Indians traditionally prefer jewellery made in 22-carat gold, which contains 91.7% pure gold, while 18-carat gold contains 75% pure gold and 25% other metals. File. | Photo Credit: Reuters Soaring gold prices have led many Indian families to opt for lightweight and lower-carat jewellery to stay within their budgets, industry officials said. “I wanted to…

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Business

Dhanteras Gold Prices Touch Rs 81,400 Amid Huge Demand

Posted on October 29, 2024 By admin
Dhanteras Gold Prices Touch Rs 81,400 Amid Huge Demand

Gold prices rose by Rs 300 to Rs 81,400 per 10 grams, near its record high level, in the national capital on Tuesday due to heavy demand for Dhanteras by jewellers and retailers, the All India Sarafa Association reported. Silver increased by Rs 200 to Rs 99,700 per kg on rising demand by industrial units…

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Nation

Global gold demand drops 6% in Q3; India, China demand up

Posted on October 31, 2023 By admin
Global gold demand drops 6% in Q3; India, China demand up

Pakistan’s gold demand fell 11% to 11.6 tonne during the third quarter of 2023 from 13 tonne in the year-ago period, while Sri Lanka’s gold demand rose substantially to 2.4 tonne from 0.3 tonne. (Representational image only.) | Photo Credit: Reuters Global gold demand declined by six per cent to 1,147.5 tonne during the third…

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