India imports more than 700 tonnes of gold annually as demand for jewellery, investment and cultural purposes continues to exceed domestic production. The article explains the role of prices, imports, exchange programmes and changing consumer behaviour in shaping the gold market
Gold prices in India slipped slightly on Thursday while silver rebounded on strong buying. On Multi Commodity Exchange, gold futures declined marginally as global bullion weakened due to a stronger dollar, while silver gained. Meanwhile, the Indian Rupee hit a record low
Gold prices surged to Rs 1,40,850 per 10 grams and silver to Rs 2,17,250 per kilogram in India on Tuesday, driven by global trends, Fed rate cut expectations, and rising geopolitical tensions, marking strong gains for both metals in 2025
