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Anantha Padmanaban

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Dhanteras 2020: Gold, silver sales down up to 35%

The second day of pre-Diwali Dhanteras witnessed a tepid response from shoppers on Friday as gold and silver sales have likely to be fallen by up to 35 per cent year-on-year due to high prices and......

Dhanteras sales kick off on muted note

Pre-Diwali Dhanteras sales of gold and silver witnessed a tepid response from consumers on Thursday on account of high prices of the precious metals and sluggish demand due to COVID-19 induced......

Gold may hit Rs 45,000 in 2020

Mandatory hallmarking of gold would be a positive in making the gold market more organised. Mandatory hallmarking would come into effect from January 15, 2020, with a one-year transition period for......

Gold, silver sales down by up to 40% this Dhanteras

Most consumers are going for token buying of lesser value and are waiting for price correction for purchase of wedding jewellery. Mirroring slowdown in the economy, pre-Diwali Dhanteras sale of......

Customers hope for windfall, put off selling old gold

Forecasts of a further rise in bullion prices keep Indians away from selling gold. After a buoyant June quarter, Indian consumers are now staying away from fresh sale of old or used gold and......

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