Gold has always been one of the most popular traditional investment options for Indians. Apart from this, women have played the biggest role in increasing the purchase of gold jewellery. These ornaments, used for decoration, also increase in value over time. In this case, people buy jewellery not just for use but also for investment.
There has been a huge fluctuation in the prices of gold in the last few days. After the government’s announcement of cutting the custom duty on gold in the first general budget (Union Budget 2024) of Modi 3.0, the gold price suddenly started falling rapidly and reached around Rs 67,000 per 10 grams, but in
There has been a lot of volatility in the prices of gold in the recent past. Meanwhile, the shares of companies selling gold jewellery have also jumped a lot. From PC Jewellers to Asian Star Company, the shares are running at a stormy pace. The reason behind the recent rise in these stocks can be
Gold prices have seen tremendous fluctuations in the last two months. In the first budget of Modi 3.0, on July 23, Finance Minister Nirmala Sitharaman announced a reduction in custom duty on gold and silver, after which gold suddenly became cheaper and gold sales in the country increased sharply. According to the latest report of
There has been a lot of volatility in the prices of gold in the last two months. Earlier, on 23 July 2024, during the presentation of the first general budget of Modi 3.0, the price of gold collapsed due to the announcement of reduction in custom duty on gold and silver, while in the month
In India, there has been a big fluctuation in the gold prices in the last few days. After the announcement of reduction in custom duty on gold and silver in the first budget of Modi 3.0, the gold rate fell sharply, but after falling to around Rs 67000, it again rose to cross 70,000 in
On Thursday, the fourth trading day of the week, while on one hand there was a decline in the stock market and Sensex-Nifty fell badly, on the other hand there was a decline in gold prices in the commodity market. There has been a lot of change in the last few days. Its prices have
There was a huge decline in gold prices last month and with the beginning of August, there was a rise in it again. But it is still running much below the price before the Budget (Union Budget 2024). On July 18, 2024, the rate of 10 grams of 24 carat gold had reached close to
Nirmala Sitharaman presented the first budget of Modi 3.0 on July 23, in which the duty on gold was reduced from 15 percent to 6 percent. After this there was a sharp decline in the price of gold. On the day of the budget itself, gold had become cheaper by Rs 4000 per 10 grams
Today is the last day of the month of July and the month of August is going to start from tomorrow. July 2024 has proved to be a great year for gold buyers, because after the announcement regarding precious metals in the Union Budget 2024 presented on July 23, gold-silver prices have fallen rapidly. Now
Today is the second Monday of Sawan and the price of gold has fallen drastically in the month of Sawan. In the last one week itself, the price of gold has decreased by more than Rs 5000. Not only gold but also silver is continuously weakening. After the first budget of Modi 3.0 and the
There is a continuous decline in gold prices. Gold price has been falling continuously since the government’s announcement of cutting the custom duty on gold in the country’s general budget (Union Budget 2024) presented in the Parliament last week. Talking about the last one week, gold has become cheaper by about Rs 5,000 during this