Festive Demand - Business Outrank

The price of gold in India hit an all-time high of ₹1,01,600 per 10 grams on Tuesday because demand increased before Akshaya Tritiya and the wedding season. The domestic market reached unprecedented gold prices because of both domestic festive demand and worldwide political instability. The price of 99.5% purity gold rose to ₹1,02,100 per 10 grams after increasing by ₹2,800 from the previous day. The gold price has increased by ₹22,650 per 10 grams since December 2024 which represents a 29% rise throughout only a few months. The Indian people view Akshaya Tritiya on April 30 as a sacred day for buying gold because of its special significance. The high prices have not deterred buyers from visiting jewellers because weddings continue to drive up demand. The U.S. dollar weakness together with President Donald Trump's rate dispute with Fed Chair Jerome Powell drives up gold prices worldwide. The Multi Commodity Exchange (MCX) witnessed futures contracts exceed ₹1 lakh while spot gold reached USD 3,499.92 per ounce in the global market. The gold price continues its historic rise because both traditional Indian celebrations and worldwide political disturbances drive investors toward the yellow metal.

What's Hot

IMF Sounds Alarm Over Global Economy Amid Trump’s Tariff Shock

Ambuja Cement Secures 37.8% Stake in Orient Cement, Becomes New Promoter

Gold Price Hits Historic ₹1,01,600 as Festive Demand Soars in India

Virus Susceptibility in Species: Study Reveals Surprising Findings

Effective Yoga Poses to Naturally Manage Blood Sugar Levels

Health Budgets Of States Fall Below 8%, Missing National Health Policy Targets

The Connection Between Diet and Organic Skincare – Foods for Healthy Skin

Priyanka Chopra’s Stunning Desi Look Steals the Spotlight at Her Brother’s Wedding Festivities

Jana Nayagan: Vijay Wields a Whip in Stunning 2nd Look Poster, Thrilling Fans

Assam’s Jatin Goswami Honored with Padma Bhushan for Sattriya Legacy

Vijay Vikram Singh Urgently Appeals for Respect Amidst Intense Backlash from Rajat Dalal Fans: ‘I Am Not Bigg Boss

Hindon: Incredible Air India Express Flights to Start from March 1 with Low Fares

Indian government approves Singapore Airlines bid to merge Vistara and Air India

Independence Day and Raksha Bandhan Fuel Airbnb Travel Rush

Virus Susceptibility in Species: Study Reveals Surprising Findings

Hindon: Incredible Air India Express Flights to Start from March 1 with Low Fares

Bachchan’s ₹83 Crore Duplex Sale Sparks Unbelievable Investment Growth

Kartik Aaryan’s Fitness Secret: How He Achieved a Stunning Transformation

Browsing: Festive Demand

Gold Price Hits Historic ₹1,01,600 as Festive Demand Soars in India

IMF Sounds Alarm Over Global Economy Amid Trump’s Tariff Shock

Ambuja Cement Secures 37.8% Stake in Orient Cement, Becomes New Promoter

Gold Price Hits Historic ₹1,01,600 as Festive Demand Soars in India

Fixed Deposits Offering Up to 9% Returns Amid Changing Rate Trends

Our Picks

IMF Sounds Alarm Over Global Economy Amid Trump’s Tariff Shock

Ambuja Cement Secures 37.8% Stake in Orient Cement, Becomes New Promoter

Gold Price Hits Historic ₹1,01,600 as Festive Demand Soars in India

Most Popular

IMF Sounds Alarm Over Global Economy Amid Trump’s Tariff Shock

Harvesting Hope: Rahul Gandhi’s Empathy in Action with Farmers before 2024 Elections

Is Modi Afraid? Congress Leader Accuses PM of Targeting Rahul Gandhi

Subscribe to Updates

What's Hot

Browsing: Festive Demand