Bharat Express

Gold Prices

Gold prices have slipped below Rs 77,000 per 10 grams, continuing a downward trend fueled by reduced demand following the festive season.

Gold prices fluctuated sharply between Rs 78,500 and Rs 77,500 per 10 grams. The dollar index surged to 105, pushing gold to lows of Rs 77,500 per 10 grams and $2,700 internationally, noted Jateen Trivedi of LKP Securities

Amid rising geopolitical tensions and gold prices, the RBI reported its gold reserves increased to 854.73 metric tonnes as of 30 September.

The Iran-Israel conflict has driven gold prices up this week, with strong investor demand despite market saturation.

Akshaya Tritiya proves to be a goldmine for jewellery industry with 40% sales growth

"The footfalls have been good since morning on Akshaya Tritiya, considered auspicious to purchase something new."