Tag: Gold Price
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Gold Price Edges Down on Aug 2 Amid Investor Demand
Global Gold Trends and Domestic Implications International markets have seen gold maintain its appeal as a safe-haven asset. With global investors seeking protection against inflation and currency fluctuations, gold prices have trended higher in recent sessions. This broader demand environment often influences domestic rates, even as local factors shape day-to-day movements in India’s gold market.…
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Markets Today: Tariffs and Jobs Data Shape European Stocks
Tariffs and Italy’s stance: waiting for annual data Markets opened with caution as traders weighed the impact of U.S. tariffs on Italian exports and the broader global trade backdrop. Italy’s Minister of Enterprises, Adolfo Urso, said we must wait for annual data to truly identify which sectors are affected and how best to design targeted…
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Dollar Falls as US Government Shutdown Sparks Selloff
Dollar Falls as U.S. Government Shutdown Sparks Selloff The dollar index, which tracks the greenback against six major currencies, slipped 0.2% on Wednesday to 97.61. That small move masked a broader concern: the greenback is about 10% weaker for 2025 so far, a pace that would mark its worst annual performance since 2003 when it…
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Gold and Silver Price in Chennai: What’s the Day’s Status?
Chennai Gold and Silver: A quick look at the recent movement Gold prices in Chennai recently made headlines by breaching a historic milestone as the month closed. Reports indicated that the price per tola touched and briefly surpassed Rs 85,000, a level not seen before in the local market. The following two sessions saw a…
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Gold Price in Chennai Today: Record Highs, History, and What to Watch
Overview: Gold Price in Chennai at Historic Highs Gold prices in Chennai have been making headlines with a rally that touched unprecedented levels. Local bullion dealers reported that on the 23rd of the month, the price per sovereign crossed the Rs 85,000 mark, a level not seen in recent history. After a brief correction over…
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Gold Rate Today: 29 September Update for India
Gold Rate Today: 29 September — A Quick Look Gold rate today in India for 29 September reflects a market that has been choppy since the year’s start. Gold prices surged to high levels at the beginning of the year, then eased a bit, only to rise again in fits and starts. In the past…
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Gold Price in Chennai Reaches Unprecedented Highs: Today’s Status
Gold Price in Chennai: Today’s Snapshot Gold markets in Chennai have been the focus of attention as prices moved to historically high levels this week. Reported rates crossed the Rs 85,000 mark per savar (the traditional gold measure) on the 23rd, touching an all‑time high. After a brief dip over the following two days, prices…
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Gold Rate Today, 29 September: A Marginal Dip in Gold Prices
Gold Rate Today, 29 September: A Cautious Dip Ahead of Festive Season Gold has long been a hedge against uncertainty, and the price movement this year has kept buyers and investors on their toes. On 29 September, the domestic gold rate today displayed a marginal dip after a stretch of volatility. While the broader trend…
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Gold Prices in Tamil Nadu Hit Fresh Highs as Daily Sales Persist
Overview: Gold Prices in Tamil Nadu Reach Fresh Highs Even as international markets swing, gold remains a cornerstone asset for Tamil Nadu households. Local traders report that daily gold jewelry sales continue to average about 15,000 kilograms (kg), underscoring robust demand across the state. With roughly 35,000 jewelry shops scattered from Chennai to smaller towns,…
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Gold Prices Spike in Tamil Nadu Despite Steady Jewelry Demand
Record High Gold Prices Drive Consumer Confidence and Demand in Tamil Nadu Gold prices in Tamil Nadu are climbing to levels not seen in recent years, driven by global market dynamics and local demand for jewelry as a trusted store of value. Despite the price run-up, jewelers report that the daily movement of gold jewelry…