"We expect gold to correct by 5 to 7 per cent, before the next leg up," the report says
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Across key cities like Mumbai, Kolkata, and Hyderabad, the prices of both 24-carat and 22-carat gold remain aligned, with ten grams of 24-carat gold priced at Rs 77,010 and ten grams of 22-carat gold at Rs 70,590
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The surge is driven by robust central bank purchases, heightened geopolitical risks, and growing expectations of a monetary policy pivot from the United States Federal Reserve
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Recently, the Centre notified about the reduction of import duties on gold bars from 15 per cent to six per cent during the presentation of the union budget for the financial year 2025
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The current gold price has been heavily impacted by the rise in US dollar rates, a crucial element in today's market dynamics.
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The week so far has been dramatic once again. So what does mid week trading have in store for the stock market? Read it here
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The last trading week closed on a dramatic note. So what is in store for the new trading week? Read what the experts say
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The market mood is bullish again. Will this mood continue? Here is what the experts say
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Wednesday saw the market gaining good. So will the mood continue? Or will the bear strike again? Read what the experts say
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The week opened to a mixed bag. So what does mid week trading hold in store for the investors? Read it here
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