Traders may look to buy

The company’s digital platform can help users transact in the yellow metal

UIS dollar rose on safety bids after an attempted assassination of former US President Donald Trump, which raised his odds of winning

The report attributes this projection to the weakening US labour market, disinflation, and the Federal Reserve’s dovish pivot at the upcoming July FOMC meeting

Industry moots policy to bring transparency that can boost customer confidence

Traders can retain longs

Precious metals offer liquidity and act as hedges against economic instability, while real estate provides tangible assets with income-generating potentia

Telecom equipment faces hike in basic customs duty to 15 per cent

Import levy cut to 6% from 11%, AIDC pruned to 1%; move may curb smuggling

A drop in gold price can lead to increased jewellery demand, improving their revenue and profits Market experts believe the price of yellow metal could drop between ₹300 and ₹500 per gram going ahead

The precious metal’s brilliance lies not just in its physical form, but also in its adaptability to diverse investment strategies

No plan to stop the issuance of Sovereign Green Bonds, says a Senior official

Gold can rise to ₹75,000 if the facing resistance at ₹71,300 is breached and silver at ₹85,000, with potential gains if these levels are breached

Spot gold rose 0.14% to $2,446.83 per ounce, while US gold futures increased by 0.8% to $2,488.50. 

The Association for Gold Excellence and Standards will frame good practices to be followed by the entire value chain of the industry, including bullion, jewellery manufacturers and retailers

‘The code of conduct will be different for each segment of players across the value chain’

Window for redemption of SGBs issued between 2017 and 2020

Manufacturers have noted that in some cases, orders have reached levels not seen in several years, underscoring the strong buying interest among jewellery retailers and consumers alike

Merchants’ association urges Centre to review decision on mandatory hallmarking and HUIC certification for purifying old ornaments

Analysts attribute the fall in gold prices to weak global cues

Globally, silver was trading 0.46% lower at $28.22 per ounce in New York

The new locations will be in key markets across India, the GCC countries, and the USA, bringing the total number of showrooms worldwide to 375.

The rise was primarily driven by a drop in the US dollar and lower 10-year Treasury yields due to potential Federal Reserve rate cuts.

Sales up 20% during Ganesh Chathurthi, wedding demand could buoy demand for the precious metal further

Silver probing a barrier

Recent data reveals a significant increase in trading volume, with retail holdings growing 63 per cent year-on-year. 

A crisis accompanying the rate cut cycles had given the safe haven push for the yellow metal 

It serves multiple purposes as it acts as a hedge against inflation and provides stability during economic downturns

Gold has rallied nearly 30 per cent this year, hitting a series of record highs.

US Fed rate cut, weak dollar and rising geopolitical tension to aid the precious metal’s surge

Gold demand in India has remained robust, particularly following an initial surge after the import duty cut

Traders can retain the longs

The market now awaits US Fed meeting minutes, CPI data, and the RBI policy decision, which could impact the rupee and gold prices

Gold prices surged by ₹1,150 to ₹78,500 per 10 grams, while silver prices rose by ₹1,500 to reach ₹93,000 per kg

Digital gold can be easily converted to cash or physical gold, giving investors flexibility to trade without incurring heavy transaction costs or delays

US presidential polls uncertainty, jobless claims and new Israeli attack on Hamas add more glitter

Gold jewellery demand this Dhanteras is expected to be subdued due to a 5% surge in bullion prices, now at ₹77,410 per 10 grams

Retain the long positions 

Jewellery brands in India are devising newer strategies and refining their existing approaches to alleviate the impact of soaring gold prices

To improve security standards and ensure compliance with government regulations, all high-security safes are now mandated to carry an ISI mark

The sector’s ability to adapt while maintaining its cultural essence suggests a robust future

Silver has shown impressive growth in 2024, recording gains of over 40 per cent year-to-date and surpassing the ₹1,00,000 mark domestically

The RBI held about 60 per cent of its gold reserves in safe custody in India as at September-end 2024 against about 50 per cent as at March-end 2024

Gold prices have been hovering above Rs ₹78,600 per 10 gm-level consistently despite weak demand due to ongoing global geopolitical turmoil in West Asia and Russia-Ukraine

The value of gold demand also increased dramatically by 54% to ₹1.65 lakh crore.

Gold rallied ₹1,000 to breach the ₹82,000 per 10 grams level for the first time on Wednesday

Traders wait for a breakout

Abstract: China’s diverse industrial sector is the driving force of the nation’s post-1978 economic “miracle.” While conditions will change in the coming decades as nations in South and Southeast Asia and Africa with lower cost labor and land make inroads, China remains a vibrant manufacturing sector that must be credited with both the nation’s

The post Industry in China appeared first on Berkshire Publishing.

Abstract: Variations in cuisine among the Tibetan minority of China are due in part to environmental diversity. Different ecologies yielded varied adaptive strategies of resource use (economies), and resulted in three main types of food production: pastoralism, agriculture, and a mixed economy with both kinds of production. These strategies in turn affect the type

The post Tibetan Cuisine appeared first on Berkshire Publishing.

Abstract: In Chinese history, the practice of collecting recipes evolved along two parallel but interacting trends. The first placed food within a medical context in order to nourish the body and heal different ailments. The second was concerned with technical aspects as well as the aesthetic enjoyments of food. Beginning with twenty recipes found

The post Recipe Collecting Shípǔ 食谱 appeared first on Berkshire Publishing.