Chennai, April 1-In Tamil Nadu, the price of ornamental gold sovereigns was sold at an unprecedented Rs. 67,400 yesterday. In the last three months alone, the price has increased by Rs. 10,200. Gold price will gold prices rise in india Due to international conditions, the price of gold in our country continues to increase. In Tamil Nadu, last Saturday, 22-carat ornamental gold was sold at Rs. 8360 per gram. Sovereigns were sold at Rs. 66,880. Silver was sold at Rs. 113 per gram. Yesterday, the price of gold rose by Rs. 65 per gram and was sold at Rs. 8425. Sovereigns were sold at Rs. 520. There was no change in the price of silver. In this regard, Chennai Gold and Diamond Jewelers Association President Jayantilal Chalani said, Additional duties have been imposed on goods imported from China and India to the US from April. This will come into effect from April 2. While the US has been causing many problems for Iran, Iran announced last week that it has nuclear weapons. It a...
New Delhi, March 31-More than the 'top 10' central banks The relationship between gold and India has reached new heights. Gold savings Indian households hold 25,000 tonnes of gold According to a study by HSBC, Indian households hold more gold than the 'top 10' central banks with the world's largest gold reserves. Household gold reserves stand at 25,000 tonnes. This is more than the central banks of 10 countries - the US, Germany, Italy, France, Russia, China, Switzerland, India, Japan and Turkey. As of December 2024. Central Bank Reserves (in tonnes) United States [8,133] Germany [3,300] Italy [2,452] France [2,437] Russia [2,332] China [2,280] Switzerland [1,040] India [876] Japan [846] Turkey [615] Total [24,311] Of these, the US Federal Reserve has the highest gold reserves of 8,133 tonnes. The German Federal Reserve is next with 3,300 tonnes. As of last December, the Reserve Bank of India's gold reserves stood at 876.18 tonnes. Due to geopoliti...