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Gold is a good hedge tool to beat inflation which makes it an essential component in the investment portfolio
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In the international market, both gold and silver were trading flat at USD 1,859 per ounce and USD 27.78 per ounce, respectively.
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The mix of partial and complete lockdowns in different states led to limitations on workforce capacities and related manufacturing activities.
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In the international market, gold was trading marginally higher at USD 1,893 per ounce and silver was flat at USD 27.65 per ounce.
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In the international market, gold was trading lower at USD 1,883 per ounce and silver was flat at USD 27.55 per ounce.
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In the international market, both gold and silver were trading flat at USD 1,870 per ounce and USD 27.35 per ounce, respectively.
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In the international market, gold was trading lower at USD 1,893 per ounce and silver was flat at USD 27.79 per ounce.
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The Indian rupee opened on a flat note and edged higher by 4 paise to 72.73 against the US dollar in early trade on Thursday.
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In the international market, gold was trading with gains at USD 1,908 per ounce and silver was flat at USD 28.07 per ounce.
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GJEPC chairman Colin Shah said operational challenges brought on by the fact that all exporters maintain common inventory for both export and domestic streams.
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It seems like many investors were finally compelled to acknowledge the drawbacks of physical gold and give up their inefficient preference for holding it, said Himanshu Srivastava, associate director, Morningstar India.
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In the international market, both gold and silver were trading marginally lower at USD 1,867 per ounce and USD 27.88 per ounce, respectively.
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In the international market, gold was trading in the green at USD 1,869 per ounce, while silver was trading flat at USD 28.48 per ounce.
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The surge in gold imports pushed India's trade deficit to $15.1 billion in April 2021 as against $6.76 billion a year ago.
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Usually, 30-40 tonne gold is sold on the auspicious occasion of Akshaya Tritiya. However, this time sales are not likely to reach even 1 tonne.
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In the previous trade, the precious metal had closed at Rs 47,273 per 10 gram.
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Ramagundam police arrested one of the gang members, Adesh Sharma, from Hasnpur, Hurja taluq, Badam district of Uttar Pradesh
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Total jewellery demand during Q1 2021 was up by 39 per cent at 102.5 tonnes as compared to 73.9 tonnes in Q1 2020. The value of jewellery demand was Rs 43,100 crores, registering a rise of 58 per cent from Rs 27,230 crore in Q1 2020.
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In the international market, gold was quoting lower at USD 1,769 per ounce and silver was flat at USD 26.02 per ounce.
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The Indian rupee slumped 52 paise to 74.87 against the US dollar in opening trade on Monday.