The government will make the process of hallmarking of gold jewellery mandatory from today, but it will give one year’s time to jewellers to register themselves with the Bureau of Indian Standards (BIS) and clear their old stock. A notification to make mandatory hallmarking of gold jewellery from 15 January 2021 will be issued by the…
Tag: Gold
Gold prices today surge to record high, jump 1,800 per 10 gram in 2 days
Gold prices in India today surged to new highs, driven by a rally in global rates amid US-Iran tensions. On MCX, February gold futures surged 2.3% or ₹918 to a record high of ₹41,030 per 10 gram. On Friday, gold prices had surged over 2% or ₹850 per 10 gram. This takes two-day gain in gold prices in domestic markets to about ₹1,800 per gram as Middle East tensions increased the appeal of safe haven assets like gold. Silver rates also spiked today. Silver futures on MCX rose 2% or ₹947 to ₹48,474 per kg.
Gold prices fall by 111, silver rates decline by 168
Gold prices fall by 111, silver rates decline by 168 Gold prices on Friday fell by Rs 111 to Rs 37,974 per 10 gram in futures trade as participants cut down their bets amid a weak global trend. On the Multi Commodity Exchange, gold prices for delivery in February fell by Rs 111, or 0.29…
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