22k jewelers

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...

Today gold rate status in tamilnadu, 22 carat gold is a type of gold alloy that is 91.67% pure gold. The remaining 8.33% is made up of other metals, such as copper, silver, or zinc. This makes 22 carat gold more durable than 24 carat gold, which is 99.99% pure gold. 22 carat gold is also more affordable than 24 carat gold.  Today's Gold Silver price Updated on 05th April 2025 What is the rate of 1 gram gold in Tamil Nadu Today gold silver price 22/24 carat 22ct 1 gm ₹8,310/110⬇️ 24ct 10 gm ₹91,600/1400⏬ 1 gm silver103,00/R5⬇️ 1kg Bar silver ₹90,700 /5300 ⏬ Trading gold silver market live USDINR Rates by TradingView GOLD Quotes by TradingView SILVER Quotes by TradingView The purity of gold is measured in carats, with 24 c...

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...

New Delhi: The central government has announced that it will stop the gold investment scheme, which allows people to deposit gold in banks and earn interest, from yesterday. gold What is the recurring gold deposit scheme? The central government launched the Gold Investment Scheme on September 15, 2015, to reduce gold imports and to collect gold from the public and companies and use it for the country's development projects. This scheme was implemented with the aim of reducing gold imports as the government releases the gold deposited in this scheme back into the market. Under the Gold Investment Scheme, customers can deposit their gold in banks and earn interest on it. Not only gold jewellery, but also gold coins and gold bars can be deposited. A minimum of 10 grams of gold must be deposited. There is no upper limit. The scheme is implemented in three ways: short-term from one to three years; medium-term from five to seven years; and long-term from 12 to 15 years. The Union Fina...

New Delhi, March 19-Congress MP from Tamil Nadu, Manickam Thakur, has moved an adjournment motion in the Lok Sabha against the changes made in the rules for gold jewellery loans. Gold loan Amendment in gold jewellery loan rules In a letter to Speaker Om Birla, he said, According to the new rules, customers will have to repay the entire principal amount along with interest at the end of the loan tenure, and after doing so, they can pledge their jewellery for a new loan or renew the loan the very next day. This is likely to cause difficulties especially for customers who are already in financial difficulty, as under the existing rules, they were allowed to repay only the interest during the loan tenure. At the end of the loan tenure, when they were unable to repay the entire principal amount, they were renewing their loan accounts. The current new rule is causing more suffering to the borrowers. To such a question, the Finance Minister had replied on the 10th: To protect len...

 New Delhi, March 15- Gold prices are soaring at a rapid pace, with demand falling, discounts are being offered,    Gold price What is the main reason for gold prices to increase? As gold prices in India have reached an all-time high, demand is falling. To compensate for this, gold importers are offering traders a discount of up to $39 per ounce, or Rs 3,400, the highest in eight months. The risk of a global trade war has increased due to US President Trump's tax policy. As a result, investors are increasing their investment in gold globally, and the price of gold is touching a new high. Due to the rise in prices, customers are reluctant to buy gold and are waiting for the price to fall. As a result, the gold trade has stagnated and the demand for jewelry has decreased significantly. Similarly, jewelers are also reluctant to buy gold . India's gold bullion imports fell by 85 percent in February, the lowest in 20 years. Yesterday, the price of a sovereign increased by Rs...

 Mumbai, March 10- In the last five years after the Corona pandemic, the Reserve Bank of India has increased its gold reserves by 244 tonnes.   Gold reserves What is the rank of first in gold reserves country China is the top buyer of gold in the world, while India is second, according to data from the World Gold Council. Following Russia's military operation in Ukraine, central banks of many countries have changed their economic policies accordingly. However, China and India have been increasing their gold reserves more consistently than any other central bank. In the five years from 2020 to 2024, the Reserve Bank of India has increased its gold reserves by 244 tonnes. During the same period, China has increased its reserves by 336 tonnes. In particular, the BRICS countries of Brazil, Russia, India, China and South Africa alone have increased their gold reserves by 700 tonnes in the last five years. Of this, India holds one-third. Experts say that the Reserve Bank of India i...

Is it advisable to use a credit card to buy gold jewelry, For Indian families, buying gold jewelry is both an emotional and economic affair. The price of gold. In the meantime, buying jewelry for investment purposes is gaining importance. Credit card use jewellery purchase Many people buy gold jewelry through credit cards. Using a credit card to buy jewelry is easy and is considered to have various advantages. However, it is important to know the advantages and disadvantages of using a card to buy gold jewelry. Simple convenience: Buying jewelry through a credit card is convenient. Moreover, you can get additional benefits like cashback and reward points in this regard. Some banks also offer special offers in collaboration with jewelry companies. These features can be advantageous. Caution required: However, before buying jewelry through a card A caution is required. The appropriate amount must be paid within the interest-free period. Otherwise, the interest rate on the card usage ...

 Gold imports in February fall to 20-year low as prices rise, sales also decline   Gold import India is the world's second-largest buyer of gold after China. Mumbai: Due to continuous price hikes, the country's gold imports have seen a 20-year low in February, government data has revealed. Compared to the same period last year, gold imports have fallen by 85 percent. Due to various unusual circumstances, including the US presidential election results, investment in gold in the international market has increased and gold prices have continued to reach new highs. In this context, gold imports have decreased compared to usual in February. Officials said: Banks and traders have imported very little gold. Imports in February have fallen to almost 15 metric tons. This is the lowest import volume in the last 20 years. In February 2024, 103 metric tons of gold were imported. In the last decade, India's average gold imports in February were recorded at 76.5 tons.

Chennai, Feb. 18- 'Citco' has started technical consultancy work through RDX Architech to set up a jewellery industrial park in Coimbatore at a cost of Rs 126 crore to benefit gold jewellery manufacturing companies. Jewellery industrial park coimbatore Which proposed it park in Coimbatore? Gold jewellery manufactured in Coimbatore is exported to many countries. In Coimbatore district, a large number of companies are involved in gold jewellery manufacturing. Accordingly, more than 1 lakh people have got jobs through more than 25,000 jewellery workshops.  Jewellery industries in Coimbatore are struggling due to lack of adequate infrastructure facilities including security. Accepting their demand, Chief Minister Stalin ordered the setting up of a jewellery industrial park in the district at a cost of Rs 126 crore. Following this, 'Citco' has decided to set up a jewellery industrial park on 3.41 3.4 acres in Kurichi Industrial Estate. The work of providing technical advice ...

 As the value of gold reaches its peak, here's a look at the strategies investors should follow Invest in gold   Is it the right time to buy gold in India Last year, the price of gold was on the rise due to factors including the international environment. In the meantime, the rise in gold continues this year. Last year, gold is considered to have yielded 27 percent. Continuing this trend, it rose by 7 percent on a monthly basis in January. Although the rise in the price of gold jewelry worries people, gold is attractive for investment purposes. In this context, the approach that investors should follow regarding gold becomes important. Is it a good idea to invest in gold right now Gold is generally considered a hedge against risks including inflation and international crises. In the current environment, the uncertainty of economic and international geopolitics is considered to be the reason for the rise in the price of gold. The aggressive policies being pursued by US Presid...

 Beijing: 1 million kilograms of gold particles worth 7 lakh crore rupees have been discovered in the Wangu gold mine in Pingjiang, Hunan province of China. Gold mine china How much is China gold net worth The Geological Survey of Hunan Province, China , our neighbor, discovered a large amount of gold in more than 40 places at a depth of 6,500 feet underground in the Wangu gold mine. It was estimated that up to 300,000 kg of gold could be found here.   Using modern technology, a mine up to 10,000 feet deep has found gold particles larger than expected.   The amount of gold identified here is believed to be over 1 million kg. Its value is estimated to be over 7 lakh crore rupees.   It is said to be the largest gold mine discovered in recent history. Through this, Hunan Province has gained a very important place in the global gold mining market. The 'South Deep' mine in South Africa is estimated to contain 900,000 kg of gold. It has been named the world's largest gold ...

New Delhi, Gold imports in November have increased by an unprecedented 331 percent.   Gold market According to the Union Commerce Ministry statistics, The demand for gold increased in November due to festivals and weddings. Accordingly, gold imports increased to Rs 1.25 lakh crore. Reasons 25% profit received so far this year on gold investment High investment in gold due to international uncertainty Import duty reduced from 15 to 6%. This is an unprecedented monthly import. In November last year, gold worth Rs 29,000 crore was imported, and now it has been imported four times more. From April to November of the current financial year, gold imports increased by 49 percent to Rs 4.10 lakh crore. This was Rs 2.76 lakh crore in the same period of the previous financial year. India's merchandise exports fell by 5% last month New Delhi, India's merchandise exports fell by 4.85% to Rs 2.71 lakh crore in November, the Union Commerce Ministry said. Gold imports in Nove...

New Delhi, The World Gold Council has said that the demand for gold has started increasing due to the advent of AI technology. World Gold Council opinion Demand for gold is becoming essential This has been led by the increased use of artificial intelligence, especially in smartphones and data centers. The demand for gold in the electronics sector reached a peak of 328 tonnes in 2010. After this, demand continued to decline, reaching a level of 249 tonnes last year. Meanwhile, as the demand for gold has become essential in AI technology , the Gold Council has said that its demand has started to recover in the last few quarters. In general, gold is an excellent conductor of electricity and does not corrode very quickly. The use of gold has become essential as it provides high-speed data processing, minimal energy loss and long-term performance required for smartphones. The demand for gold is increasing as healthcare, finance, and other sectors invest heavily in AI technology...

A member of the Prime Minister's Economic Advisory Council has said that if the habit of importing gold is not too high, India will be able to achieve the target of Prime Minister Modi's 'Five Trillion Dollar Domestic Product' before long.   Nilesh Shah,Prime Minister's Economic Advisory.   5 trillion, the economy would have reached 5 trillion if gold import was avoided Nilesh Shah, a part-time member of the Prime Minister's Economic Advisory Council and a senior leader in the mutual fund sector, added, In the last 21 years, Indians have spent nearly Rs 41.50 lakh crore on gold imports alone. Loss, if we had avoided this one habit, our prime minister's target of USD 5 trillion GDP i.e. 41.50 lakh crore rupees could have been achieved long ago. In financial investments, we have lost ...

Tata Technologies, the IPO will open on November 22 and close on November 24, and the allotment basis will be finalized on November 30. Let's take a look at what was announced. Tata Technologies ipo announced  What is the shareholder quota for Tata Technologies IPO Tata Technologies is a leading global engineering services company that provides product development and digital solutions to various industries. Tata Technology, a part of the Tata Group, will launch its initial public offering (IPO) on November 22. The company has fixed the share issue price on the day of the IPO at Rs 475 to Rs 500 for each equity share of Rs 2 face value.  The Tata Technologies IPO subscription date will begin on Wednesday, November 22 and end on November 24. The allotment to investors for Tata Technologies IPO is scheduled to take place on Tuesday, November 21. Tentatively, the allotment of shares based on Tata Technologies IPO will end on Thursday, November 30 and the company will start the r...

There is no restriction on how much gold government employees can hold in India. The Central Board of Direct Taxes has issued a circular to its officers in 1994. Gold reserves, Accordingly, the Central Board of Direct Taxes (CBDT) has issued a circular saying that income tax officials will not confiscate gold jewelery and ornaments of 500 grams for married women, 250 grams for unmarried women and 100 grams for male members. of the family during the trial. The circular is intended to provide relief to taxpayers from jewelery seized and taken away during raids by the Income Tax authorities. It should be noted that this circular covers only the family's jewelery and ornaments. Jewelery of any size alleged to belong to a non-family member can be seized and taken away...

Investing in gold ETFs is real. Gold ETFs are exchange-traded funds that track the price of gold. They are a popular way to invest in gold because they are liquid, affordable and easy to trade. Gold ETF investment  Gold ETF investment that gives confidence to people Last September only gold ETF While they had invested 175 crore rupees in the month of October, they have invested 841 crore rupees. The number of people investing in these schemes has increased to 48.34 lakh. Gold ETFs are often seen as a safe-haven investment, meaning their prices rise when the stock market falls. This is because investors often turn to gold during times of economic uncertainty. In 2023, the global economy faces many challenges, including inflation, rising interest rates, and the war in Ukraine. These challenges have created an uncertain economic environment, leading to increased demand for gold and gold ETFs. As a result, some analysts believe that the price of gold ETFs could rise in th...

A person can bring up to 1 kg of gold into India from abroad, but there are some restrictions. India customs gold limit How much is free allowance and duty for foreign travelers to bring gold? Gold brought in above these limits is subject to customs duty. The current import duty on gold is 12.5%. No.1). How much gold can Indian travelers bring from abroad without paying duty? An Indian traveler staying abroad for more than 1 year is allowed to bring duty-free gold up to the value of 20 grams = Rs 50000 for men, 40 grams for women = Rs. 1,00,000 worth up to. No. 2). Does the above allowance apply to children? Duty Free Allowance is applicable to children staying abroad for more than 1 year. No. 3). Can gold coin biscuits be brought in duty allowances? No, only jewelry can be brought. If the gold is brought in any o...

Many people have the habit of buying gold during the festive season. Generally, gold is bought in the form of jewelery or coins. Paper gold saving  How to make a safe investment in gold However, while buying gold in the traditional way, it is important to ensure purity and you have to pay extra for handling, damage etc. In that sense, investing in gold in paper form makes it a better option for investment purposes. Gold Savings Bonds, E.T.F. And digital gold is such an opportunity. There are a few different ways to invest in paper gold , each with its own advantages and disadvantages: Gold ETFs (exchange-traded funds), Gold ETFs are baskets of gold stocks that trade on stock exchanges. They are a convenient and cost-effective way to invest in gold, as they have low fees and can be bought and sold like any other stock. However, gold ETFs are subject to the same risks as stock market investments, such as price volatility. Sovereign gold bonds (SGBs), SGBs are government-backed bon...