Gold
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Centre Scraps Gold Monetisation Scheme, Retains Short-Term Deposits
Clarifying in an official statement, the Ministry of Finance said while the banks will no longer be taking deposits under these two segments after the deadline date, they can still extend Short-Term Gold Deposits (1-3 years) under the scheme.
Gold Futures Extend Rally for Second Day, Touch Record High of ₹86,875 per 10g
On Multi Commodity Exchange (MCX), April gold futures touched an all-time high of ₹86,875 per 10 grams during early trading.
Gold Futures Drop by ₹446, Trading at ₹84,750 per 10 Grams
Gold contracts for April expiry on the Multi Commodity Exchange (MCX) fell by ₹446, or 0.52%, to ₹84,750 per 10 grams, with a turnover of 14,812 lots.
Gold Futures Reach Record High at Rs 86,360 per 10g
Gold contracts for April delivery rose to an all-time high of ₹85,680 per 10 grams in early trade on the Multi Commodity Exchange.
Gold Prices Hit Record High as Investors Turn to Safe Haven Amid Trade War Fears
As per India Bullion and Jewellers Association, price of 24-carat gold was Rs 8,537 per gram, 22-carat gold was at Rs 8,332 per gram.
India's Forex Reserves Climb for Second Straight Week, Gold Reserves Increase
The country's gold reserves rose by $1.242 billion to $70.893 billion during the week. SDRs went up by $29 million to $17.889 billion, the apex bank said.
India's Gold Investments Jump 60% to Rs 1.5 Lakh Crore in 2024: Report
According to a World Gold Council report, this added that investment demand in gold was at its highest level since 2013, at 239 tonnes, and was a 29% increase from 185 tonnes recorded in 2023.
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