New Delhi, August 4: India’s automobile sector showed robust performance in July, driven by strong domestic demand. During this period, wholesale sales of passenger vehicles increased by 34% year-on-year, while retail sales rose by 24%. This information was revealed in a recent report. According to an analysis released by HSBC India, the demand for passenger … Read more
Mumbai, July 20: The Indian stock market closed in the red on Monday due to ongoing tensions in the Middle East. By the end of the trading session, the Sensex fell by 442.93 points or 0.57 percent to 77,708.52, while the Nifty dropped by 95.80 points or 0.39 percent to 24,238.50. Financial stocks led the … Read more
New Delhi, July 11: In a week marked by rapidly changing global conditions, gold and silver prices have witnessed a significant decline, with gold becoming cheaper by ₹2,900 and silver dropping by over ₹13,000. According to the India Bullion and Jewellers Association (IBJA), the price of 24-carat gold has decreased by ₹2,976, now standing at … Read more
Mumbai, June 10: Precious metals, including gold and silver, saw a significant decline during Wednesday’s trading session due to escalating tensions in West Asia and uncertainty in global markets. On the Multi Commodity Exchange of India (MCX), August futures for gold opened at ₹149,926 per 10 grams but fell nearly 2% to reach a day’s … Read more
Mumbai, May 9: Gold prices have seen a notable increase of 1.83% this week, driven by geopolitical uncertainties and fluctuations in crude oil prices. On the last trading day of the week, MCX Gold June futures recorded a slight rise of 0.04%, trading at ₹1,52,589 per 10 grams. Meanwhile, MCX Silver July futures surged by … Read more
New Delhi, May 2: Gold and silver prices have seen a notable decline this week, with gold becoming cheaper by ₹1,000 and silver by over ₹3,000. According to the India Bullion Jewellers Association (IBJA), the price of 24-carat gold has decreased by ₹1,216, now standing at ₹1,50,263 per 10 grams, down from ₹1,51,479. The price … Read more
Mumbai, March 26: On the occasion of Ram Navami, gold and silver prices have witnessed a substantial decline in the domestic futures market. This drop is attributed to increasing pressure in the international market and a strong US dollar. As trading commenced on the Multi Commodity Exchange (MCX) at 5 PM, gold prices fell by … Read more