Indian Economy

Gold and Silver Prices News

Gold and Silver Prices Decreased in India

On November 18, gold and silver prices in India decreased, tracking muted global cues. On Multi Commodity Exchange, today’s gold futures declined by 0.43%. It settled at ₹50,546 per 10 gram, extending losses to the third day. Meanwhile, silver futures on Multi Commodity Exchange also dropped 0.6% and touched ₹62,875 per kg. Moreover, in the …

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Gold

Gold prices declined in India Today ahead of the election

According to the latest news, gold prices declined in India today ahead of the United States Presidential elections result and volatile currency market. Furthermore, market participants keep close tabs on the FOMC (Federal Open Market Committee), which started its two-day meeting on October 4. On Multi Commodity Exchange, gold December futures declined by 0.5%, which …

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gold

Gold prices in India were muted while Silver gained

On Monday, November 2, Gold prices in India were muted; however, its peer, Silver, witnessed some gains. On Multi Commodity Exchange (MCX), gold futures decreased by 0.04% and settled at ₹50,677 per 10 gram. Significantly, this was the third decline in four days. Furthermore, Silver gained 1% and touched ₹61,510 per kg. Many analysts stay …

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wholesale onion

Wholesale onion prices witnessed declines

According to the latest news, wholesale onion prices decreased by more than ₹10 per kg in key consuming markets including Mumbai, Delhi and Chennai. After the government imposed stock limits on traders to check hoarding and price increase, the arrival of the perishable commodity rose. Moreover, onion prices decreased even in producing areas. For example, …

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indian rupee

The Rupee Decreased by 13 Paise and Settled at 73.41

According to the latest news, On October 13, Tuesday, the rupee decreased by 13 paise and settled at 73.41, against the U.S. dollar, tracking the strengthening of the American currency. Meanwhile, the Indian currency opened at 73.41 against the U.S. dollar at the interbank forex market. It decreased by 13 paise over its earlier close. …

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India’s Crypto Consumption Sees Eye-Boggling Rise

India’s Crypto Consumption Sees Eye-Boggling Rise

Amid domestic economic issues, alongside a nationwide COVID-19 led lockdown, India resorts to crypto assets. The country’s highest court recently put aside the Reserve Bank of India’s order dated April 6, 2018 that prohibited banks from dealing with cryptocurrency assets, prompting heightened activity in the network. Founder and CEO of cryptocurrency exchange CoinSwitch, Ashish Shinghal …

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