VOLATILE PRICES DAMPEN GOLD DEMAND IN INDIA
Hindustan Times Gurugram|December 21, 2024
Gold demand in India remained subdued this week as volatile prices prompted potential buyers to delay purchases, while higher rates across China are expected to potentially offset upcoming seasonal demand.
Reuters

After gold prices became highly volatile over the past two weeks, buyers are now adopting a wait-and-see approach, hoping for prices to decline further, said a Chennai-based jeweller.

In India, domestic prices fell to ₹75,459 ($887.28) per 10 grams earlier this week after rising to ₹79,120 last week.

Indian dealers this week offered a discount of up to $8 an ounce over official domestic prices, inclusive of 6% import and 3% sales levies, down from last week's discount of up to $9.

هذه القصة مأخوذة من طبعة December 21, 2024 من Hindustan Times Gurugram.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة December 21, 2024 من Hindustan Times Gurugram.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من HINDUSTAN TIMES GURUGRAM مشاهدة الكل
Hindustan Times Gurugram

Zakir Hussain matlab tabla, says Pandit Hariprasad Chaurasia

Flautist and music director Pandit Hariprasad Chaurasia says it has been hard to process the death of tabla maestro Ustad Zakir Hussain, who was 13 years his junior.

time-read
1 min  |
December 21, 2024
Hindustan Times Gurugram

I FEEL STRONGER THAN ANY MAN: SANJEEDA ON MOTHERHOOD

Actor Sanjeeda Shaikh, who turned 40 on Friday, talks about raising her daughter as a single mum and being open to a new relationship

time-read
1 min  |
December 21, 2024
Hindustan Times Gurugram

Kolkata's audience has a different sense of cinema: Shantanu on Bengali debut

For actor Shantanu Maheshwari, 2024 has been quite a fulfilling year on the work front.

time-read
1 min  |
December 21, 2024
Hindustan Times Gurugram

Emily Watson calls Tabu a 'true treasure'

Actor Tabu has forayed into international waters and she will be seen in the Dune universe through the web series, Dune: Prophecy.

time-read
1 min  |
December 21, 2024
Hindustan Times Gurugram

'SUCCESS SE DIMAAG KHARAB NAHIN HONA CHAHIYE'

Actor Pankaj Tripathi was part of the biggest Bollywood hit this year, Stree 2, but box-office numbers don't impact him. \"It's great that a film made on such a nominal budget became a blockbuster. Par iss success se aapka dimaag kharab nahin hona chahiye. Ek thehraav rehna chahiye,\" he says.

time-read
1 min  |
December 21, 2024
Hindustan Times Gurugram

2024 has been all about acclaim for Sanya Malhotra

Sanya Malhotra surprised her fans with her intense avatar in the music video of the track Aankh, which has been sung by musician Sunidhi Chauhan.

time-read
1 min  |
December 21, 2024
Hindustan Times Gurugram

IFC bets ₹630 cr on NDR InvIT to bolster green warehousing

IFC has invested $75 million (about ₹630 crore) in domestic currency Sustainability Linked Bond issued by NDR InvIT in a strategic move to boost sustainable warehousing infrastructure and promote logistics sector.

time-read
1 min  |
December 21, 2024
Hindustan Times Gurugram

India steel imports from China hit record high

CHINA SENT 1.96 MILLION METRIC TONNES OF STEEL TO INDIA DURING APRIL-NOVEMBER, UP 22.8% Y-O-Y

time-read
1 min  |
December 21, 2024
Hindustan Times Gurugram

Claims of Reliance Infratel's indirect creditors upheld

The Supreme Court on Friday upheld the claims, amounting to more than ₹10,952 crore, of four indirect creditors of Reliance Infratel Ltd.

time-read
1 min  |
December 21, 2024
Hindustan Times Gurugram

VOLATILE PRICES DAMPEN GOLD DEMAND IN INDIA

Gold demand in India remained subdued this week as volatile prices prompted potential buyers to delay purchases, while higher rates across China are expected to potentially offset upcoming seasonal demand.

time-read
1 min  |
December 21, 2024