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Gold sales News

27 Oct 2022

Diwali effect: Retail business may cross 1.5 lakh crore, gold sales 20% higher

Diwali has a huge impact on our economy Gold sales have been the best in last 4 years

29 Sep 2016

'Gold demand likely to fall to 750 ton in 2016 on high price'

India's gold demand is likely to fall to around 750-800 tonnes in 2016, as against 860 tonnes last year, mainly due to sharp rise in prices and jewellers' strike following new regulations, World Gold Council has said.

Akshaya Tritiya 2016

10 May 2016

Akshaya Tritiya: High prices dampen gold sales by up to 30%

High gold prices dampened sales today on Akshaya Tritiya, considered auspicious to buy yellow metal, with a section of industry players putting the sales figure 20-30 percent lower than the year-ago level.

Akshaya Tritiya 2016

09 May 2016

Akshaya Tritiya 2016: Gold fails to glitter dampened by high prices

Gold prices have risen sharply in the last few days and are currently at Rs 30,100 per 10 grams in the national capital. The rates were at Rs 27,100 on Akshaya Tritiya in 2015.

Akshaya Tritiya

09 May 2016

Jewellers see 10% growth in sales on Akshaya Tritiya

World Gold Council Managing Director, India, Somasundaram PR said the buying behaviour of consumers is returning to normalcy following the jewellers resuming business after a month long protest over the excise duty.

Akshaya Tritiya

09 May 2016

Akshaya Tritiya today: Jewellers expect tepid surge in gold sales

Jewellers expect tepid surge in sales as the gold price has shot up in the last few weeks following global cues.

Akshaya Tritiya

09 May 2016

Akshaya Tritiya today: Soaring prices may hit gold sales

Akshaya Tritiya, considered an auspicious day to buy gold, is likely to be lacklustre this time as jewellers are expecting negative marginal growth compared to last year, on the back of rising gold prices, which is ruling at over Rs 30,000 per 10 grams.

14 Apr 2016

Gold prices retreat as dollar extends gains

Gold eased on Thursday as the dollar extended its biggest one-day rally in over a month, though losses were limited by a retreat in oil prices and European stocks, which supported interest in the metal as an alternative asset.

08 Apr 2016

Gold futures fall 0.27% on profit-booking

Gold prices drifted by 0.27 percent to Rs 29,167 per 10 ten grams in futures trade as speculators indulged in profit-booking at prevailing levels, even as metal strengthened overseas.

07 Apr 2016

IOB to sell 'Indian Gold Coin' on Gudi Padwa in Mumbai

The Indian Overseas Bank (IOB) will sell the 'Indian Gold Coin' at its branches in the city tomorrow on the occasion of 'Gudi Padwa'.

22 Jul 2015

Gold rout spurs buying spree of US Mint coins

The gold rout this week has spurred a buying spree of bullion coins in the United States, dealers said, as government data showed sales for this month have hit their highest in more than two years.

19 Apr 2015

Weak gold may lift sales by up to 25% this Akshaya Tritiya

"The prices have been stable for quite some time, which we expect will be a boost for jewellery sales during this Akshaya Tritiya," Manubhai Jewellers Director Samir Sagar told PTI.

21 Oct 2014

Dhanteras gold, silver sales surge up to 30% on lower prices

Jewellery and coin sales sparkled on Dhanteras Tuesday with sales rising by an estimated 30 percent from last year as customers went on a buying spree lured by lower gold and silver prices.

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