that we saw. As there was an Asiam emerging market crises gold moved even further to Rs 5,600 by 1996 and by 2006 and it was at Rs 8,400. The investors are yet to come to terms after the announcement of the.S. This is because investors move money from gold into fixed interest bearing government bonds. In the recently concluded Feds meet, the Central Bank.S. The gold rates in India were seen at Rs 3,110 per gram for 22 karats and at Rs 3,216 per gram for 24 karats.
The, hindu Business Line - Indian Newspapers in English
The spot gold was seen trading at 1,221.20 per ounce and.S. Midterm election results and all eyes are now set on the.S. The heavy prices of the yellow metal have dampened the demand in India and hence the jewellery metals price has dipped further. European shares bounce back from Brexit bruising. How far demand for the precious metal would continue to slump is difficult to say. The bonds are listed on the NSE and currently the price of these gold bonds is Rs 28,200 per 10 grams. It is east to understand and hence small time investors tend to get swayed by this. Nobody charges extra for giving you hallmarked gold rate. Other factor that affects gold prices are the various duties and levies, which change over a period of time. So, it is advisable to make sure that you do not melt gold.
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