Gold and silver prices remain near highs as festive demand steadies despite minor dip
In India’s jewellery markets this morning, 24-carat gold is trading at approximately ₹13,057 per gram and silver at about ₹163.90 per gram, down marginally compared with previous day levels. The subdued movement comes amid ongoing strong demand during the Diwali and Balipratipada festival period. Analysts note that while short-term corrections are minimal, valuations remain elevated and supply chain constraints continue to support prices. Jewellery manufacturers are evaluating stocking strategies carefully given holiday buying intensity and inventory costs.
neutral
12h ago
Gold and silver prices remain near highs as festive demand steadies despite minor dip
In India’s jewellery markets this morning, 24-carat gold is trading at approximately ₹13,057 per gram and silver at about ₹163.90 per gram, down marginally compared with previous day levels. The subdued movement comes amid ongoing strong demand during the Diwali and Balipratipada festival period. Analysts note that while short-term corrections are minimal, valuations remain elevated and supply chain constraints continue to support prices. Jewellery manufacturers are evaluating stocking strategies carefully given holiday buying intensity and inventory costs.
neutral
Gold and silver prices remain near highs as festive demand steadies despite minor dip
about 12 hours ago
1 min read
77 words
Gold at ₹13,057/g and silver at ₹163.90/g hold steady amid festivals; elevated valuations persist.
In India’s jewellery markets this morning, 24-carat gold is trading at approximately ₹13,057 per gram and silver at about ₹163.90 per gram, down marginally compared with previous day levels. The subdued movement comes amid ongoing strong demand during the Diwali and Balipratipada festival period. Analysts note that while short-term corrections are minimal, valuations remain elevated and supply chain constraints continue to support prices. Jewellery manufacturers are evaluating stocking strategies carefully given holiday buying intensity and inventory costs.
In India’s jewellery markets this morning, 24-carat gold is trading at approximately ₹13,057 per gram and silver at about ₹163.90 per gram, down marginally compared with previous day levels. The subdued movement comes amid ongoing strong demand during the Diwali and Balipratipada festival period. Analysts note that while short-term corrections are minimal, valuations remain elevated and supply chain constraints continue to support prices. Jewellery manufacturers are evaluating stocking strategies carefully given holiday buying intensity and inventory costs.