Gold rate today: Yellow metal's August contracts on MCX opened at Rs 97,172 per 10 grams on July 8. |
Gold rate today: Yellow metal's August contracts on MCX opened at Rs 97,172 per 10 grams on July 8. |
Imports fill most of the demand in the world's largest consumer of silver, where domestic prices touched a record high of Rs 114,875 a kg as a production shortfall spurred investors' hopes for a further rally |
Gold rate today: Yellow metal's August contracts on the Multi Commodity Exchange of India (MCX) opened at Rs 97,967 per 10 grams today. |
As the clean energy transition accelerates globally, silver has emerged as a critical industrial metal, fuelling a price rally and investor interest. With rising demand from the solar, EV and AI sectors, could silver become a viable challenger to gold's dominance?, Industry News - Times Now |
Gold is internationally priced in US dollars, which means fluctuations in the dollar-rupee exchange rate directly affect how much Indian consumers pay. |
India continues to be the world's second-largest gold consumer, with Chennai representing one of the country's strongest retail markets due to cultural demand and steady investment interest. |
Kolkata's prices mirror those seen in several other metros, where gold demand typically remains strong owing to cultural affinity, investment interest, and seasonal buying patterns. |
Silver prices soared to an unprecedented Rs 1,14,875 per kg in futures trading, fueled by robust global cues and a weakening US dollar. Simultaneously |
'Silver isn't following gold anymore--it's leading. And this time, its shine comes from utility, not just tradition,' said Harshal Dasani from INVasset PMS. |
Here's your guide to the performance of different investment segments. In this edition, we present a 10-year performance tracker of various asset classes. The map shows that no single investment class reigns supreme, reinforcing the case for spreading your bets. By Sameer Bhardwaj. |