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Gold falls behind silver and diamonds on Dhanteras 2024 amid high prices: Report

Gold sales fell in the middle of a rise in silver sales and demand for diamonds during Dhanteras 2024 due to a 30% rise in prices compared to last year

The shift came due to Gold prices already being quite high (Gold prices rose 30% since last Diwali) and silver being perceived as a more practical investment(Representational Image/Pixabay)

business

Updated on Oct 30, 2024 01:19 PM IST

ByHT News Desk | Edited by Abhyjith K. Ashokan

Dhanteras 2024: The story of Lord Dhanvantari, commencing Diwali celebrations

Today, October 29, is being observed countrywide as Dhanteras, officially the first day of Diwali festivities. But what is the story behind this auspicious day?

What is the legend behind the auspicious day of Dhanteras?

htcity

Updated on Oct 29, 2024 01:08 PM IST

ByAalokitaa Basu

Dhanteras Muhurat: Best time to buy gold and silver, city-wise Shubh Muhurat

Dhanteras Muhurat: It is a tradition to purchase precious metals like gold and silver during Dhanteras, the first day of the Diwali festival

Hindu devotees buy gold and silver items of Dhanteras.(Reuters)

business

Updated on Oct 29, 2024 01:11 PM IST

ByHT News Desk

Dhanteras: Blinkit, BigBasket, Swiggy deliver gold coins in 10 minutes

BigBasket teamed up with Tanishq to offer exclusive gold and silver coins for Dhanteras.

Bigbasket teamed up with Tanishq to deliver exclusive gold and silver coins ahead of Dhanteras.
(File pic)

trending

Updated on Oct 29, 2024 08:16 AM IST

ByMahipal Singh Chouhan

Gold hovers near fresh record, silver at highest since 2012. Why? Uncertainty

Gold retreated after hitting a record high, buoyed by Middle East tensions and US election uncertainty. Profit-taking followed 4-day rally, seeing haven demand.

Gold's record highs were driven by geopolitical tensions and US election concerns, but profit-taking led to a decline. Silver briefly rose to a 2012 high before retreating. Central bank buying and anticipated rate cuts are fueling gold's rally amid increasing investor interest.

business

Published on Oct 22, 2024 08:45 AM IST

Bloomberg |

Gold at record high as Mideast, US elections push haven demand

Analysts predict gold futures could average $3,000 an ounce by late 2025. Gold has gained over 30% in 2024, supported by rate-cut optimism.

Gold prices hit a record high of $2,729.30 an ounce amid safe haven demand and geopolitical tensions in the Middle East, while silver also saw significant gains.

business

Updated on Oct 21, 2024 08:31 AM IST

Bloomberg |

Gold prices at record peak, Silver near highest in four months: Top updates

Gold hit a record high above $2,665 as weak US consumer data increased rate-cut expectations, while silver surged 4.6%.

Gold and silver prices are on the rise due to weak US consumer confidence and central bank purchases, with gold up 30% and silver 35% this year. Investors are seeking buying opportunities amid heightened geopolitical tensions.

business

Updated on Sep 25, 2024 09:07 AM IST

ByHT News Desk | Edited by Mallika Soni

Ravissant unveils luxe silverware haven in Chanakyapuri

The soirée, complete with nibbles and drinks, saw the presence of Delhi’s who’s who

Neesa Saigal, Malini Chawla Saigal, Mina Chawla, Charu Chawla and Navya Anand(Photo: Raajessh Kashyap/HT)

htcity

Published on Sep 17, 2024 04:14 PM IST

BySanchita Kalra

‘Indian women wear unbelievable’ amounts of gold and silver’: Jim Rogers

Veteran investor Jim Rogers says he learned a lot about gold and silver from Indian markets: ‘Indian women wear unbelievable amounts of gold and silver’

Commodities trading guru and hedge fund manager Jim Rogers (Reuters Photo)

trending

Updated on Aug 28, 2024 06:14 PM IST

BySanya Jain

Inter-state gang’s temple run ends, 4 held

Three members of an inter-state gang of thieves and a Lucknow-based jeweller involved in the August 14 heist of 3.6kg silver and desecration of a temple have been arrested by Khanna police, officials said on Thursday.

Punjab Police arrest 4 men from Uttarakhand and Uttar Pradesh who were involved in the Khanna temple theft case and silver ornaments stolen from the Shivpuri temple has been recovered, on Thursday. (ANI Photo) (DGP Punjab Police-X)

cities

Updated on Aug 23, 2024 05:12 AM IST

ByTarsem Singh Deogan, Ludhiana

3 arrested for stealing silver worth ₹2 lakh from Ganpati temple

Ulhasnagar Crime Branch cracked the case of stolen silver from Heramb Ganpati temple, arresting three accused and recovering jewellery worth ₹1.80 lakh.

cities

Updated on Aug 17, 2024 08:30 AM IST

ByHT Correspondent

Should you buy gold after recent price drop following Union Budget 2024?

Gold rate on MCX fell more than 4% in July and experts believe it can be a good time to buy as gold prices began to pick up on Monday

Gold prices on the MCX traded higher on Monday, July 29, after dropping more than 4% overall in July (Representational Image/Unsplash)

business

Updated on Jul 29, 2024 01:54 PM IST

ByHT News Desk

Gold, silver, platinum jewellery to get cheaper after Union Budget 2024 duty cut

Jewellery company shares rise after Finance Minister Nirmala Sitharaman cuts down Basic Customs Duty (BCD) on precious metals like gold, silver, and platinum.

The import duty on gold and silver is down to 6% now, compared to 15% earlier. Platinum import duty is now down to 6.4% from 15.4% earlier. (HT)

business

Published on Jul 24, 2024 11:09 AM IST

ByHT News Desk | Edited by Abhyjith K. Ashokan

Gold prices slip after Sitharaman announces cuts in import duties

Gold and jewellery retailers surged in the stock market after Nirmala Sitharaman's announcement during her budget speech.

Finance minister Nirmala Sitharaman on Tuesday announced a cut in import duties on precious metals gold and silver from 15 per cent to 6 per cent

budget

Updated on Jul 23, 2024 02:40 PM IST

ByHT News Desk

2 thieves make off with 8 kg silver from temple in Mohali’s Phase 5

As per police, the thieves broke the locks of the temple gate, entered the premises, attempted to move the CCTV cameras to the other side and stole the silver placed around the Shivling, all between 2.20 am and 3 am

The CCTV footage in Mohali police possession shows the two thieves moving inside the temple, wearing helmets and covering their faces. (HT Photo)

cities

Updated on Jul 12, 2024 08:58 AM IST

ByHT Correspondent, Mohali

Gold, silver, ₹1 lakh: What Ambanis gifted 50 couples at the mass wedding

The Ambani family gifted each of the fifty couples with gold and silver ornaments, groceries, other household items, and a ₹1 lakh cheque for each bride.

Ambani family posing with newly-married couples in Navi Mumbai. (Special arrangement)

trending

Updated on Jul 02, 2024 06:53 PM IST

ByArfa Javaid

Silver prices slip 2%, down 11% in 9 sessions: What's behind the fall?

Spot gold was down 0.5% at $2,299.68 per ounce, as of 0558 GMT. U.S. gold futures fell 0.4% to $2,316.70.

Spot silver fell 2.2% to $29.13 per ounce, platinum was down 0.9% at $958.55 and palladium lost 1% to $895.13.(Reuters)

business

Published on Jun 11, 2024 01:27 PM IST

Reuters |

World Para Athletics Championships: Kashish won with her west Delhi stubbornness

Para athlete Kashish Lakra, who won a silver at the recent World Para Athletics Championships Kobe 2024, reveals how the Delhi-ness in her didn't let her quit!

Kashish Lakra scored a silver at women’s club throw F51 event at the World Para Athletics Championships 2024 held recently in Kobe (Japan), and won laurels for India as part of the contingent sent by the Sports Authority of India (SAI). (Photo: Instagram)

htcity

Published on May 30, 2024 08:00 PM IST

ByKriti Kambiri

Gold heads for second weekly gain, extending support to silver and platinum

GLOBAL-PRECIOUS/ (UPDATE 3):PRECIOUS-Gold heads for second weekly gain, extending support to silver and platinum

business

Published on May 17, 2024 03:56 PM IST

Reuters |

Congress hopes unemployment, silver price will help it win in MP’s Malwa region

The election in the three tribal seats in Madhya Pradesh’s Malwa region is being watched as this was the region where Congress performed much better than rest of the state in 2023 assembly polls

Increase in silver prices has become a poll issue among the tribals in Madhya Pradesh’s Malwa region. (Shruti Tomar/HT Photo)

cities

Updated on May 12, 2024 03:24 PM IST

ByShruti Tomar

Akshaya Tritiya 2024: City-wise auspicious timings to buy gold, silver

Akshaya Tritiya 2024: Akshaya Tritiya 2024 falls on May 10 this year. Check out city-wise auspicious timings to buy gold and silver and the shubh muhurat.

Akshaya Tritiya 2022: People buy gold on this day hoping to get blessed with wealth throughout the year.(Pinterest)

lifestyle

Updated on May 10, 2024 08:56 AM IST

ByKrishna Priya Pallavi, New Delhi

OTTplay shines on the global stage, wins big at INMA Global Media Awards 2024

OTTplay has won Gold in the Best Product Iteration category and Silver in the category for Best Use of an Event to Build a News Brand.

business

Published on May 07, 2024 09:07 PM IST

ByHT News Desk

Silver price may touch 1 lakh: Here's when this could happen. Should you invest?

Silver price: Silver traded at ₹81,313 per kg on April 8, while gold was at ₹70,850 per 10 gram. Why silver may touch ₹1 lakh and when?

Silver prices: On the white metal, brokerage Motilal Oswal Financial Services said that they continue to be strongly positive over the next few months. (Reuters)

business

Published on Apr 09, 2024 07:42 AM IST

ByHT News Desk

Adani's USD 1.2 bn copper plant to boost India's metal production

business

Published on Feb 04, 2024 11:34 AM IST

PTI |

Ludhiana: Miscreants target jewellery shop on Tajpur road, decamp with 1.5 kg silver

Inspector Sukhdev Singh, SHO at Division number 7 police station, said the police have recorded statement of the victim and initiated proceedings to lodge an FIR

At least 15 miscreants targeted a jewellery shop on Tajpur road in Ludhiana at wee hours. (HT)

cities

Updated on Jan 20, 2024 05:14 AM IST

ByHT Correspondent, Ludhiana

Gold, silver prices remain unchanged on January 16: Check city-wise rates here

The gold and silver prices across all major cities remained unchanged on Tuesday. Check the prices in your city here.

Gold and silver prices remained unchanged on January 16.(HT File Photo)

business

Published on Jan 16, 2024 10:02 AM IST

ByHT News Desk

Gold prices down by ₹1000, silver rates unchanged on January 12

While gold prices in Indian cities dropped by ₹1000 per 10 gram, the silver prices in all major cities remained the same on Friday.

Gold prices on Friday dropped by <span class='webrupee'>₹</span>1000

business

Published on Jan 12, 2024 11:03 AM IST

ByVaishnawi Sinha

Gold prices down by ₹220, silver shows marginal decline: Check city-wise rates

The gold and silver prices on Tuesday showed a drop in Delhi and all major metro cities. Check the city-wise prices here.

The gold and silver prices today showed a small decline (File)

business

Published on Jan 09, 2024 08:09 AM IST

ByVaishnawi Sinha

Gold, silver prices see significant dip on January 5: Check city-wise rates

The gold and silver prices in India dropped by ₹440 and ₹20 respectively, leading to a significant dip on Friday.

Gold and silver prices saw a significant drop on January 5.(HT File Photo)

business

Published on Jan 05, 2024 07:46 AM IST

ByVaishnawi Sinha

Gold prices down by ₹270, silver declines by ₹3 on January 4

The gold and silver prices, a day after showing a spike, were down once again by ₹270 and ₹3 per 10 grams in the national capital.

Gold prices declined by <span class='webrupee'>₹</span>270 on January 4.

business

Published on Jan 04, 2024 07:47 AM IST

ByVaishnawi Sinha

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silver news

Latest from silver

Gold sales fell in the middle of a rise in silver sales and demand for diamonds during Dhanteras 2024 due to a 30% rise in prices compared to last year

Today, October 29, is being observed countrywide as Dhanteras, officially the first day of Diwali festivities. But what is the story behind this auspicious day?

Dhanteras Muhurat: It is a tradition to purchase precious metals like gold and silver during Dhanteras, the first day of the Diwali festival

BigBasket teamed up with Tanishq to offer exclusive gold and silver coins for Dhanteras.

Gold retreated after hitting a record high, buoyed by Middle East tensions and US election uncertainty. Profit-taking followed 4-day rally, seeing haven demand.

Analysts predict gold futures could average $3,000 an ounce by late 2025. Gold has gained over 30% in 2024, supported by rate-cut optimism.

Gold hit a record high above $2,665 as weak US consumer data increased rate-cut expectations, while silver surged 4.6%.

The soirée, complete with nibbles and drinks, saw the presence of Delhi’s who’s who

Veteran investor Jim Rogers says he learned a lot about gold and silver from Indian markets: ‘Indian women wear unbelievable amounts of gold and silver’

Three members of an inter-state gang of thieves and a Lucknow-based jeweller involved in the August 14 heist of 3.6kg silver and desecration of a temple have been arrested by Khanna police, officials said on Thursday.

Ulhasnagar Crime Branch cracked the case of stolen silver from Heramb Ganpati temple, arresting three accused and recovering jewellery worth ₹1.80 lakh.

Gold rate on MCX fell more than 4% in July and experts believe it can be a good time to buy as gold prices began to pick up on Monday

Jewellery company shares rise after Finance Minister Nirmala Sitharaman cuts down Basic Customs Duty (BCD) on precious metals like gold, silver, and platinum.

Gold and jewellery retailers surged in the stock market after Nirmala Sitharaman's announcement during her budget speech.

As per police, the thieves broke the locks of the temple gate, entered the premises, attempted to move the CCTV cameras to the other side and stole the silver placed around the Shivling, all between 2.20 am and 3 am

The Ambani family gifted each of the fifty couples with gold and silver ornaments, groceries, other household items, and a ₹1 lakh cheque for each bride.

Spot gold was down 0.5% at $2,299.68 per ounce, as of 0558 GMT. U.S. gold futures fell 0.4% to $2,316.70.

Para athlete Kashish Lakra, who won a silver at the recent World Para Athletics Championships Kobe 2024, reveals how the Delhi-ness in her didn't let her quit!

GLOBAL-PRECIOUS/ (UPDATE 3):PRECIOUS-Gold heads for second weekly gain, extending support to silver and platinum

The election in the three tribal seats in Madhya Pradesh’s Malwa region is being watched as this was the region where Congress performed much better than rest of the state in 2023 assembly polls

Akshaya Tritiya 2024: Akshaya Tritiya 2024 falls on May 10 this year. Check out city-wise auspicious timings to buy gold and silver and the shubh muhurat.

OTTplay has won Gold in the Best Product Iteration category and Silver in the category for Best Use of an Event to Build a News Brand.

Silver price: Silver traded at ₹81,313 per kg on April 8, while gold was at ₹70,850 per 10 gram. Why silver may touch ₹1 lakh and when?

Adani's USD 1.2 bn copper plant to boost India's metal production

Inspector Sukhdev Singh, SHO at Division number 7 police station, said the police have recorded statement of the victim and initiated proceedings to lodge an FIR

The gold and silver prices across all major cities remained unchanged on Tuesday. Check the prices in your city here.

While gold prices in Indian cities dropped by ₹1000 per 10 gram, the silver prices in all major cities remained the same on Friday.

The gold and silver prices on Tuesday showed a drop in Delhi and all major metro cities. Check the city-wise prices here.

The gold and silver prices in India dropped by ₹440 and ₹20 respectively, leading to a significant dip on Friday.

The gold and silver prices, a day after showing a spike, were down once again by ₹270 and ₹3 per 10 grams in the national capital.

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