Gold prices
Fashion & Lifestyle
Rise in gold prices to restrain jewellery consumption growth to 6-8% in FY2025: ICRA
Gold prices rose 14% in FY24 on a YoY basis, and the current prices are higher by 19% over the FY24 averageBengaluru: Domestic jewellery consumption growth (in value terms) is expected to moderate to 6-8% in fiscal year (FY)...
Fashion & Lifestyle
India sees brisk gold sales on pre-Diwali Dhanteras festival
PTI -
Gold prices have fallen by Rs 800-1,500 per 10 gram (24 carat) from the peak Rs 63,000-level on October 28 and this has evoked buying on DhanterasNew Delhi: Pre-Diwali Dhanteras buying of gold and silver in India, the world's...
Fashion
Organised jewellery likely to witness 12-15% growth in revenue in FY24: report
PTI -
Icra expects industry growth to moderate to 8-10% YoY (in value terms) in FY24 with volume growth likely to remain constrained by expected volatility in gold prices amidst global macro-economic uncertainties and evolving domestic inflationMumbai: The organised jewellery retailers...
Big Grid
India’s gold demand in Jan-Mar drops by 17% to 112.5 tonnes due to high prices: WGC
PTI -
Overall gold demand during the corresponding quarter in 2022, was at 135.5 tonnes, WGC's Gold Demand Trends Q1 2023 statedMumbai: India's gold demand during January-March quarter declined by 17 per cent to 112.5 tonnes, as record high gold rates...
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Latest News
Apple slashes iPhone price by up to Rs 6,000 after govt proposes import duty cut
Apple was earlier selling iPhone 15 Pro and iPhone 15 Pro Max at a starting price of Rs 1,34,900...
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