Gold price falls Rs 160 to Rs 59,950; silver slumps Rs 2,300 to Rs 75,000

The price of 24-carat gold declined Rs 160 during Friday’s early trade, with ten grams of the precious metal selling at Rs 59,950, according to the GoodReturns website. Silver price fell Rs 2,300, with 1 kg of the precious metal selling at Rs 77,300.   The price of 22-carat gold also fell Rs 150,… Continue reading Gold price falls Rs 160 to Rs 59,950; silver slumps Rs 2,300 to Rs 75,000

Fitch’s US downgrade is advantage gold, retail investors can book profits too

GlobGlobal credit rating agency Fitch earlier this week downgraded US Sovereign rating from AAA to AA+, citing expected fiscal deterioration over next three years, a high and growing general government debt burden and steady deterioration in governance over the last 20 years.  This decision marked the first time in history that the US… Continue reading Fitch’s US downgrade is advantage gold, retail investors can book profits too

Gold needs to clear this hurdle for sentiment revival, shows chart

MCX Gold likely to re-test Rs 58,000; Silver may drop to Rs 63,500 MCX Gold likely to test Rs 54,000-level; Silver can dip to Rs 61,200 Bias turns positive; Gold may rally towards Rs 58,700, Silver Rs 70,000 Gold could test Rs 66,500, Silver Rs 85,000 in FY24, charts suggest Gold rally may take a… Continue reading Gold needs to clear this hurdle for sentiment revival, shows chart

Gold price dips Rs 330 to Rs 60,110; silver falls Rs 700 to Rs 77,300

The price of 24-carat gold declined Rs 330 during Thursday’s early trade, with ten grams of the precious metal selling at Rs 60,110 according to the GoodReturns website. Silver price fell Rs 700 with 1 kg of the precious metal selling at Rs 77,300. The price of 22-carat gold also fell Rs 300… Continue reading Gold price dips Rs 330 to Rs 60,110; silver falls Rs 700 to Rs 77,300

Surging gold prices take sheen off Indian jewellery maker Titan’s profit

By VarunVyas Hebbalalu India’s Tata Group-owned Titan Co reported a lower-than-expected quarterly profit on Wednesday as its mainstay jewellery segment was hurt due to surging gold prices, which pushed up costs and eroded margins. Titan, which owns the Tanishq jewellery brand, said its first-quarter profit fell more than 2% to 7.77 billion… Continue reading Surging gold prices take sheen off Indian jewellery maker Titan’s profit

Gold price rises Rs 160 to Rs 60,440, silver price jumps Rs 1,000

The price of 24-carat gold rose Rs 160 during Wednesday’s early trade, with ten grams of the precious metal selling at Rs 60,440 according to the GoodReturns website. Silver price jumped Rs 1,000 with 1 kg of the precious metal selling at Rs 78,000. The price of 22-carat gold rose Rs 150 with… Continue reading Gold price rises Rs 160 to Rs 60,440, silver price jumps Rs 1,000

Olympic gold medalist Bode Miller’s children treated for carbon monoxide poisoning: ‘A terrifying experience’

Olympic alpine skier Bode Miller and his wife suffered a “terrifying experience” when three of their children were recently hospitalized due to “carbon monoxide poisoning,” the couple revealed on social media.  The incident happened last month when the young children were “innocently” watching work being done at the family home, Morgan Miller revealed in an… Continue reading Olympic gold medalist Bode Miller’s children treated for carbon monoxide poisoning: ‘A terrifying experience’

Gold demand in India dips 7% YoY in June 2023 quarter as prices rise: WGC

The demand for gold in India dropped 7 per cent year-on-year to 158.1 tonne (170.7 tonne in the June 2022 quarter), said the World Gold Council (WGC) in a recent release. High gold prices, and a knee-jerk reaction to the ban on Rs 2,000 notes during the recently concluded quarter, WGC said, also dented… Continue reading Gold demand in India dips 7% YoY in June 2023 quarter as prices rise: WGC

Gold, silver prices unchanged, yellow metal trading at Rs 60,380 per 10g

The price of 24-carat gold remained unchanged during Monday’s early trade, with ten grams of the precious metal selling at Rs 60,380 according to the GoodReturns website. Silver price also remained flat with 1 kg of the precious metal selling at Rs 77,000. The price of 22-carat gold remained unchanged and the yellow… Continue reading Gold, silver prices unchanged, yellow metal trading at Rs 60,380 per 10g

Katie Ledecky breaks Michael Phelps’ record at Worlds with gold medal in 800-meter freestyle

Katie Ledecky stands alone after winning gold in the 800-meter freestyle race at the World Aquatics Championships in Fukuoka, Japan on Saturday.  The win is Ledecky’s 16th individual world title, breaking a tie with legendary men’s swimmer Michael Phelps for the most individual gold medals at the world championships.   Gold medallist Katie Ledecky of… Continue reading Katie Ledecky breaks Michael Phelps’ record at Worlds with gold medal in 800-meter freestyle