HYDERABAD: Gold soared to lifetime high of $2883/ounce in the international spot market on Wednesday evening following US President Donald Trump’s tariff threats and amid geopolitical tensions. This sent the yellow metal hurtling to new highs of around Rs 85,000/10gm (24K without import duty & taxes) in local markets as the rupee plunged to a record low.According to HDFC Securities, …
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NEW DELHI: Gold prices surged to a new all-time high of Rs 83,360 per 10 grams in futures trading on Saturday, driven by strong market demand, according to news agency PTI.During early trading on the Multi Commodity Exchange, April delivery gold contracts achieved this unprecedented level. Similarly, the contract moderated to Rs 82,233 per 10 grams, showing an increase of …
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Gold traders including jewellers and bullion sellers are looking forward for strategy aimed towards strengthening the Indian middle class’ ability to buy gold. (AI image) Union Budget 2025 Expectations:Gold traders including jewellers and bullion sellers are looking forward to Finance minister Nirmala Sitharaman to outline a strategy aimed towards strengthening the Indian middle class’ ability to buy the precious metal. …
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Data from the India Bullion and Jewellers Association (IBJA) showed 24-carat gold closed at Rs 80,194 per 10 gms. (AI image) Gold prices surpassed Rs 80,000/10 gm for the first time on Wednesday, according to data from a leading industry organisation, reflecting increased safe-haven demand from investors concerned about potential market volatility following an anticipated disruptive Donald Trump presidency. The …
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