Prices of gold have of late skyrocketed due to the uncertainty in the global financial markets amidst the coronavirus crisis.
In Delhi, 22-carat gold is priced at Rs 43,540 per 10 grams. The silver price has touched Rs 41,910.
The deal comes due to the coronavirus pandemic, which has put grocery and essentials delivery at the forefront of all retail.
Inflation is regarded as gold-positive because bullion is seen as a safe store of value when price pressures are rising.
Talking about the importance of augmenting mass testing and ensuring a disciplined approach by grassroots functionaries, FICCI said to plan the “exit strategy”, the government needed to ensure maximum safety and social distancing.
The price of silver has also increased by Rs 10 per kg and has taken the price to Rs 41,000.
At the same time, silver prices have fallen by 1.17 percent to around Rs 42,987 per kg.
With this achievement, Damani will be included in the list of 12 billionaires with the most gains this year.
Furloughed employees will remain employees of Tesla without pay and will receive their healthcare benefit.
At 114th position, HCL Technologies Founder Shiv Nadar is worth $12.4 billion. One of India’s leading philanthropists, Nadar has donated $662 million to his Shiv Nadar Foundation.
Gold prices in India hit a record high of ₹45,724 earlier this week while most gold spot markets remain closed due to lockdown.
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This initiative will focus on key areas such as emergency support and essential supplies, which are of utmost importance to drivers during these challenging times.
Silver futures were up 5.37 percent or Rs 2,212 to Rs 43,435 per kg.
In India, commodity derivatives trading markets were closed due to a holiday.
The gold rates in Delhi increased by Rs 10 per 10 gram of 22 carats, thus now the price of gold is priced at Rs 41,960 and the rate of 10 grams of 24 carats also took a hike of Rs 10 and it is now priced at Rs 44,260.
The quarterly townhall which happened virtually on Thursday given the nationwide lockdown saw the participation of over 8,000 employees of the e-commerce major.
The metal price has tested 2002 highs but has so far failed to sustain above the $1,700 per troy ounce.
The founder and CEO of Bada Business, Dr. Vivek Bindra has given a grant of 1 crore rupees to ISKON Temple to get relief from the corona outbreak and provide food to the needy people.
For an auto loan of Rs 6 lakh with a remaining maturity of 54 months the additional interest payable would be about Rs 19,000 equal to additional 1.5 EMIs
The price of 24-carat gold decreased by Rs 10 per 10 grams to Rs 43,160. At the same time, the price of 22-carat gold also fell by Rs 10 per 10 grams to Rs 39,510.
Spot gold was up 0.4% at $1,577.83 per ounce, as of 0030 GMT, having slumped 3.1% in the previous session. U.S. gold futures slipped 0.3% to $1,591.30.
Moreover, JSPL has also engaged women Self Help Groups (SHGs) to manufacture over one lakh masks and distribute them to prevent the spread of coronavirus, Jindal said.
On Monday, the prices of silver in the futures market fell sharply. On May 5, silver futures on MCX closed at Rs 39,835 per kg, down 2.59 percent or Rs 1059 on Monday.
The company, part of the IndiaNivesh group, also clarified that only the PMS arm was being wound up and all other financial services including stock broking were operational