22k market news

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 ...

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 06th February 2025 Contents What is the rate of 1 gram gold in Tamil Nadu Today gold silver price 22/24 carat 1 gm ₹7,930/25🔺️ 10 gm ₹87,500/600🔺️ 1 gm silver107,00/0↔️ 1 kg silver ₹98,470/30 🔻 This week Price chat Date 22 ct 1gm 24ct 10gm 1 kg silver 31/01/2025 ₹7,730 ₹84,780 ₹96,000 ...

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...

Gold reserves play an important role in a country's economic crisis, but immediate selling of kilos of gold is difficult. Gold vs currency  How does gold reserves affect currency There are a few reasons why a country with a huge amount of gold reserves might still sell dollars to buy foreign currency or goods instead of trading gold directly: Liquidity, Gold is a relatively illiquid asset, meaning that it can be difficult to sell quickly or at a fair price. Foreign currencies and goods are much more liquid, making them easier to trade. Transparency, Trading gold can be complex and opaque, making it difficult to ensure that the country is getting a fair price and that the transaction is not fraudulent. Trading foreign currencies and goods is much more transparent and easier to audit. Diversification,  Holding a diversified portfolio of assets is a good way to red...

To date, there is no greater correlation between a country's gold reserves and its currency. However, there is an important history behind this question. gold vs doller relationship history What is the relationship between a country's gold reserves and its currency? In 1944, financial experts from many countries met at Bretton Woods in the United States. In this meeting led by the United Nations , which took place from July 1 to July 22, the currency exchange rates of the countries were decided for the first time. I mean, we are now paying a pittance of ₹75 to buy one US dollar, right? All currencies end up with a ratio like that '75'. They needed a common, commercially relevant and widely used instrument to measure these rates. Only then, in a poll, would they generally choose gold. That is, on that date, an ounce (1 Oz) of gold cost $35. Now (for example) if ₹116 was required to buy an ounce of gold at the same time, the Indo-US exchange rate was decided to be ₹...

இன்றைய தமிழகத்திலுள்ள தங்கம் வெள்ளி விலை நிலவரங்கள், இங்கே காணலாம், இன்றைய தங்கம் வெள்ளி  விலை நிலவரம், இன்று மதுரையில் தங்கம் விலை 916 கி.டி.எம்   22 carat price Commodity Price Change's 1 gram 916 HM ₹ 5360 ₹10🔺️ 8 gram 916 HM ₹ 42,880 ₹80🔺️ 10 gram 916 HM ₹ 53,600 ₹100🔺️ தங்கத்தின் தூய்மை காரட்டில் அளவிடப்படுகிறது, 24 காரட் தூய்மையான வடிவமாகும். இருப்பினும், தூய தங்கமானது நகைகள் அல்லது பிற பொருட்களுக்கு பயன்படுத்த முடியாத அளவுக்கு மென்மையானது. எனவே, இது மற்ற உலோகங்களுடன் கலந்து வலுவான மற்றும் நீடித்த உலோகக் கலவைகளை உருவாக்குகிறது.  22 கேரட் தங்கம் நகைகளுக்கு ஒரு பிரபலமான தேர்வாகும், ஏனெனில் அது அழகாகவும் நீடித்ததாகவும் இருக்கிறது. இது ஒப்பீட்டளவில் மலிவு விலையில் உள்ளது, இது தங்க நகைகள...