Categories: BusinessFinance

Gold Rates In India Inch Closer To Rs.19000 As Festive Season Buying Increases

Updated Trends: Gold Rates In India Inch Closer To Rs.19000 As Festive Season Buying Increases

Gold rates in India are slowly inching towards Rs.19,000, thanks to the festive season in South India as Gold purchase and sales have boosted tremendously. The precious metal gained another five rupees and ended at Rs. 18990. Silver on the other hand lost Rs. 400 on a Kg and ended at Rs. 29200.

Silver lost its shine due to the poor demand from the industrial sector. Gold is in strong demand from the moment as festive buying has increased, and especially in South India. Rs. 5 increased on 99.9% and 99.5% gold in the market.

It is a good time when the dealers and the Indian gold market is witnessing a strong rise in the gold sales. India has been importing gold due to high demand, and this one of the main contributors of the Price rise in India. The prices may just keep going higher for at least the next 10 days as the Kerala festival of Onam continues.

Katrina

A passionate fashion blogger who loves compiling her own list of “best dressed” and picking out her own fashion trends.

Share
Published by
Katrina

Recent Posts

Virgin Galactic takes its first flight  with tourists to the edge of space

American space craft company Virgin Galactic is ready to take the first set of space…

9 months ago

FDA approves new drug to treat post-partum depression

Post-partum depression has been one of the most common problems among women and unfortunately has…

9 months ago

Ways how exercise can improve your mental health

Exercise has always been the best way to maintain physical as well as mental health.…

9 months ago

4 Habits to do every night to improve brain health

While it is a good habit to look after your body with the help of…

10 months ago

7 Things to keep in mind while consuming fruits

Fruits have their own nutrients which are essential for the body. While their consumption is…

10 months ago

Ways to deal with High Functional Anxiety

When you look around yourself, you will find people who might be successful as well…

10 months ago