From Hindustan Times
Center Owned by HT MediaGold prices continue to fall ahead of Dhanteras, Diwali; demand likely to increase
What's behind this
Gold fell about 3% in the last week of October, with international bullion pressured by a firmer US dollar, inflation concerns and expectations of higher US interest rates, according to Aetram India Research. The decline was noted as the market entered a volatile phase. In India, price updates for gold and silver were released on 3 November for investors ahead of Dhanteras and Diwali, listing retail rates for 18K, 22K, 24K gold and 999 fine silver across major cities such as Ahmedabad, Bangalore, Chennai, Delhi, Hyderabad, Kolkata and Mumbai.
AI-generated overview from 3 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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center · 1 outlet
Gold purchases have reportedly picked up since last week and are expected to continue till Dhanteras on November 6.
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right · 1 outlet
India’s gold demand is expected to fall to a six-year low of around 650 tonnes in 2026 as record prices, rising living costs and a weak monsoon weigh on jewellery purchases and investment, according to the World Gold Council (WGC).
RSS excerpt
Gold purchases have reportedly picked up since last week and are expected to continue till Dhanteras on November 6.
