India gold market update: Gold outpaces other asset classes
Jan 17, 2025 · Gold ends 2024 as the best performing asset. Despite a price moderation in November and December, gold emerged as the top-performing asset class in India, posting y/y gains of 21% 1 in 2024. However, gold’s return in INR was lower than its 26% return in USD terms. 2. In December gold extended the decline: dropping 2% after a 4% decrease in November and closing at US$2,610/oz.
Budget 2025 Could Impact Gold Prices In India; WGC Raises
9 hours ago · Positive Outcomes of Last Year's Duty Reduction. The government's decision in the Interim Budget in July 2024 to slash total customs duty on gold from 15% to 6% has had a huge impact on the industry.
India Gold Market Update: Gold Outpaces Other Asset Classes
Jan 20, 2025 · According to the Association of Mutual Funds in India (AMFI), gold ETFs recorded net inflows of INR6.4bn (~US$75mn) in December, reflecting a nearly 50% decline from the previous month and 32% ...
Gold Rate Today in India - The Economic Times
1 day ago · Get 22 & 24 Carat gold rate in India Today, latest India gold Rate news, updates, videos and more.
India Gold Imports at Record Levels in November - Money Metals …
Dec 20, 2024 · Gold imports into India surged to record levels in November as strong demand continued in the wake of government tax cuts. India ranks as the second-largest gold market in the world. Gold demand got a big boost in July after the Indian government cut taxes on gold and silver imports by more than half, lowering duties from 15 percent to 6 percent.
India gold market update: Investment demand shines
Dec 19, 2024 · By mid-December, domestic gold was priced at INR 77,185/10g, having fluctuated between INR 73,477 and INR 78,669/10g since late October. Despite this recent weakness, gold remains one of the top-performing assets of the year, with y-t …
Gold Rates Today in India - Hindustan Times
Gold Rate in India - Learn Gold Price Today in India | Check 24 Karat Gold Rate and 22 Carat Gold Rate Today. Latest updates and detail analysis on gold prices in India
india gold market: Latest News & Videos, Photos about india gold …
Jan 17, 2025 · Gold demand in India slows, Lunar New Year fuels interest in other hubs. Gold discounts in India increased as high local prices deterred buyers, while Lunar New Year festivities spurred gold purchases in other Asian countries. Indian jewellers offered up …
India’s gold market update: Import duty reduction, a catalyst for ...
Aug 19, 2024 · The reduction of gold’s import duty brought domestic gold prices lower 6% m/m, with y-t-d gains now at 10%. The lower import duty has also reportedly boosted consumer demand ahead of the festive season.
Gold Prices In India: - Goodreturns
5 hours ago · Gold Prices In India: On January 27th, gold prices were at Rs 82,250 per 10 grams in 24K, down by Rs 170. While 22K and 18K gold prices dipped by Rs 150 and Rs 130 to Rs 75,400 and Rs 61,690 per ...