As of May 31, 2025, gold and silver prices in India experienced slight fluctuations:
24-carat gold: Increased by ₹10, reaching ₹97,320 per 10 grams.
22-carat gold: Also rose by ₹10, now priced at ₹89,210 per 10 grams.
City-specific rates:
Mumbai, Kolkata, Chennai: ₹97,320 for 24-carat gold.
Delhi: ₹97,470 for 24-carat gold.
Silver: Decreased by ₹100, now at ₹99,800 per kilogram in Delhi, Kolkata, and Mumbai.
Chennai: Silver priced higher at ₹1,10,800 per kilogram.
Spot gold: Declined by 0.7% to $3,293.59 per ounce, influenced by a stronger US dollar and recent tariff developments.
Spot silver: Dropped by 1.2% to $32.94 per ounce.
Platinum: Fell by 2.5% to $1,055.05 per ounce.
Palladium: Decreased by 0.6% to $967.30 per ounce.
Ask Anything, Know Better
1 day ago SUMMARY The CNBC TV18 article reports that Systematic Investment Plan (SIP) contributions in India reached an all-time high of ₹26,688 crore in May 2025, according to the Association of Mutual Funds in India (AMFI). This marks a slight increase from ₹26,632 crore in April 2025. The number of active SIP accounts also rose to 8.56 crore in May, up from 8.38 crore in April, with 18 lakh new accounts added during the month. Despite a cleanup of 95 lakh to 1 crore inactive accounts in April, investor interest in SIPs...
2 days ago WHAT HAPPENED? In India, silver prices on the MCX were ₹89,100 per kg on June 11, 2024, and the prices reached ₹1,03,000 per kg by early June 2025. June 2024 Price: ₹89,100 per kg June 2025 Price: ₹1,03,000 per kg Absolute Change: ₹1,03,000 - ₹89,100 = ₹13,900 per kg Percentage Change: (₹13,900 / ₹89,100) × 100 = 15.60% Internationally, silver prices increased by $7.34 per ounce, a 25.18% rise. In India, prices rose by ₹13,900 per kg, a 15.60%...
May 26 SUMMARY Over the past 10 trading sessions, India's smallcap stocks have experienced a remarkable surge, adding ₹7.3 lakh crore in market capitalization—a 10% rise in the BSE SmallCap index. This rally has been fueled by sectoral tailwinds, particularly in defence and railways, and heightened retail investor enthusiasm. Notable performers include Nelcast and Cosmo First, both up 65%, and GRSE, which gained 55%. Out of nearly 980 stocks in the BSE SmallCap index, fewer than 70 have delivered negative...
May 22 Feature Common Equity Shares Preference Shares Definition Represents basic ownership in a company Hybrid instrument with fixed returns and preferential rights Dividend Variable, based on profits; not guaranteed Fixed dividend (as per terms); paid before equity shareholders Voting Rights ✅ Yes – full voting rights in company matters ❌ Usually no voting rights (except in special...
May 22 SUMMARY On May 22, 2025, shares of Aditya Birla Fashion and Retail Ltd (ABFRL) experienced a sharp decline of approximately 67%, dropping from ₹269.15 to ₹88.80 on the National Stock Exchange (NSE). This significant drop coincided with the record date for the demerger of its Madura Fashion & Lifestyle (MFL) business into a separate listed entity. The apparent steep fall in ABFRL’s share price reflects the corporate restructuring rather than a loss in overall company value. Investors will receive shares...
May 21
May 21 Morgan Stanley has updated its projections for the BSE Sensex, indicating a positive outlook for India's equity market. New Projections Base Case: The Sensex is expected to reach 89,000 by June 2026, reflecting an 8% increase from its current level of approximately 81,642. This projection is based on factors such as India's structural growth, strong earnings outlook, and a stable policy environment. Bull Case: There's a 30% probability that the Sensex could hit 100,000 (1 lakh) within the next...
May 18 Gold has been seen as one of the most preferred mode of investment and it's prices have been volatile. Few months ago, it's prices were rising and now they are falling due to a combination of macroeconomic, financial, and geopolitical factors. Let's have a look at them. Strengthening of the US Dollar Gold is priced in US dollars globally. When the dollar strengthens gold becomes more expensive in other currencies, reducing international demand. This puts downward pressure on gold prices. In...
March 30 Lets try to understand on the factors which lead to the fall in the markets.
May 21 Prices of precious metals like gold and silver have seen a significant increase in this year 2024. Gold has always been a preferred investment since the old times but if we look the rate at which silver is increasing and the growing importance of Silver in the coming times, one can say that it would be the new gold. Let’s see why? In 2016, silver prices hit an all-time high of Rs. 47,400 per kg and the metal prices touched Rs. 77,840 per kg in August 2020. In 2024 silver prices are about to touch 100,000 a kg mark....
Comments
Write Comment