From The Hindu BusinessLine
Center-Right Owned by The Hindu Group (Kasturi & Sons)China buys gold for 24th straight month, reserves rise to 78.3 million ounces
What's behind this
Dhanteras 2026 is set for November 6, launching the five‑day Diwali celebrations. Guidance on the optimal Shubh Muhurat for buying gold and silver in Hyderabad, along with Lakshmi‑Kubera Puja timings, is featured in a Livemint overview. On November 7, gold prices rose across India, with Mathrubhumi reporting an increase of ₹11 per gram, while DT Next noted a rise of Rs 160 per sovereign in Chennai, bringing the price to Rs 1,05,280 per sovereign (Rs 13,160 per gram) after a Rs 20 per gram jump. In Odisha, Bhubaneswar saw crowds flocking to jewellery stores on Dhanteras to purchase gold, silver ornaments and utensils.
AI-generated overview from 4 outlets. It summarises their reporting and adds no reporting of its own.
What each side is saying
One outlet's own words from each side of the spectrum. Quoted, not summarised.
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left · 1 outlet
Gold prices in India rise by ₹11 per gram on November 7. Check the latest 24K, 22K and 18K gold rates and city-wise silver prices.
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center · 1 outlet
22-carat gold was priced at ₹1,31,500 for 10 grams
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right · 3 outlets
Dhanteras gold sales are running on two tracks this year. Showrooms in Hyderabad report thinner footfall and smaller purchases, while jewellers nationally expect volumes to rise 15-20 per cent over last year. Jewellery managers said footfall had fallen short of last year's, with budgets stretched by…
RSS excerpt
The latest increase extends Beijing’s sustained accumulation of the precious metal, even as the reported dollar value of its reserves declined.
