Silver News

According to data from the India Bullion and Jewellers Association (IBJA), the price of 24-carat gold climbed to Rs 98,243 per 10 grams, up from Rs 97,511 a week ago -- an increase of Rs 732. The price of 22-carat gold also moved up from Rs 89,320 to Rs 89,991 per 10 grams.

Silver prices have surged to a 14-year high, giving the metal as favored as a more affordable alternative to gold.

In the past year, silver has jumped by 27 percent and is now trading at about rs 3,250 per gram .

Since January 1, the price of 24-carat gold has surged from Rs 76,162 to Rs 95,784 per 10 grams -- an increase of Rs 19,622 or 25.76 per cent.

The gold prices slipped for the second straight session. Gold futures for August delivery fell by 0.2 per cent to around Rs 99,329 per 10 grams. 

Since January 1, the price of 24-carat gold has surged by Rs 22,985 or 30.17 per cent, rising from Rs 76,162 to Rs 99,147 per 10 grams.  

The government of Florida, a state in the United States of America,  has signed a bill --CS/HB 999 into law--that will allow gold and silver as legal tender for everyday transactions.

Since January 1, the price of 10 grams of 24-carat gold has risen from Rs 76,162 to Rs 95,813 by Rs 19,651 or 25.80 per cent. Silver prices have also risen from Rs 86,017 per kg to Rs 97,397 by Rs 11,383 or 13.23 per cent. 

The modifications under India-UAE Comprehensive Economic Partnership Agreement (CEPA) between India and the Government of the United Arab Emirates (UAE), aligns India’s import policy schedule with modifications made in the Customs Tariff through Budget 2025.

This surge in interest reflects the growing demand for silver as an investment option. Investors are increasingly looking for ways to diversify their portfolios, and Silver ETFs offer a convenient and hassle-free way to gain exposure to this precious metal.  

According to a recent report by the World Gold Council (WGC), the demand in India surged 18 per cent (year-on-year_ to 248.3 tonnes in the September quarter due to a rise in jewellery consumption and investment in gold.

The seizure was made from the truck headed towards Nagpur under Thalner police station limits at around 6 am on Wednesday during a routine check-up.

Gold And Silver Rate Today: The price of 18-carat gold is Rs 62,390 per 10 grams and the price of 14-carat gold is Rs 49,680 per 10 grams. 

With the ideal cutlery, you can elevate your dining experience and turn everyday dinners into special events. Cutlery is available in a variety of types to fit your occasion and taste, from classic silver to contemporary stainless steel. The appropriate cutlery can create a stunning and useful table setting, making every meal an unforgettable experience, whether you're looking for luxury, refinement, or everyday usefulness.  

Dhanteras 2024: With partnerships with established jewellers, these platforms aim to meet the festive demand for precious metals and help avoid the rush in markets. 

Dhanteras is more than just a day for buying gold and silver; it is a celebration of wealth, health, and prosperity. Rooted in rich cultural and mythological traditions, this day underscores the importance of starting new ventures and making investments that promise a secure and prosperous future.

In the Asian trading hours, Comex gold was trading 0.06 per cent higher at USD 2,669.60 per ounce. 

Global traders and consumers continue to put their bets on the precious metal amid weakness in the US dollar index and robust Chinese demand. 

This move was made after the industry raised concerns over the government's revised norms related to the permissible amount of wastage and the standard input-output for the export of gold and silver jewellery

The basic customs duty (BCD) on gold has been reduced to 6% from 10%. The move is likely to ease gold and silver prices in the coming days.