Yellow Financial News

IMD also noted than from 17 April Balangir, Sambalpur, Titlagarh, Jharsuguda, and Sonpur will see temperatures reaching 43 Degree Celsius. "Heatwaves occur when the maximum temperature reaches above 40 degrees Celsius and the departure is above 4.5 degrees Celsius from the normal," as per an IMD FAQ on heatwave.

Nizamuddin Market were adorned with bright lights, creating a festive atmosphere. The iconic Jama Masjid also saw a large congregation offering prayers on this auspicious occasion. Delhi's Eid Celebrations: The iconic dome of the Nizamuddin Dargah glowed with bright yellow lights, welcoming visitors for the Eid celebrations. Crowds thronged the markets, purchasing sweets, clothes, and essentials while exchanging greetings. Security measures were intensified in the national capital, with thorough checks conducted by the police to ensure a safe and peaceful celebration. Barricades were set up to manage the expected influx of visitors to the dargah.

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pulses importers, millers, stockists, traders, and processors to disclose their stocks of all pulses from April 15 to prevent hoarding as it suspects a large quantity of imported legumes are lying in customs warehouses. Consumer Affairs Secretary Nidhi Khare will meet pulses traders, representatives of various government departments such as customs and state government representatives in separate meetings to discuss measures for bringing imported pulses, which are lying in customs warehouses, to the market. ET had reported that the government is planning to make it mandatory for pulses traders and retailers to disclose stocks of yellow peas (matar), tur (pigeon peas) and urad as prices in some markets show an increasing trend in its April 5 edition.

Masters. Augusta National Golf Club is baking in the sunshine of an early summer in Georgia. The yellow flags flutter in the winds, stoking excitement and aspirations.

Price of the yellow metal rose 1.72% or Rs 1,198 per 10 gm from last Friday. Rising prices of precious metals come ahead of Gudi Padwa and Ugadi, the auspicious day on the Hindu calendar marking the beginning of New Year in certain parts of the country. The price surge has dampened mood among potential customers who prefer to buy gold to celebrate this auspicious day, which will fall on April 9 this year.

A few weeks ago, when the gold price hit a record high, no one besides a few gold bugs seemed to care. Bitcoin also hit a record high. Everyone cared.

capital hit an all-time high on Monday and jumped Rs 350 to Rs 71,700 per 10 grams following a pick-up in safe-haven demand for the precious metal, according to HDFC Securities. The yellow metal prices have seen remarkable gains so far in 2024, becoming costlier by over Rs 7,700 per 10 grams. In the previous session, gold had ended at Rs 71,350 per 10 grams.

The uptick was on account of slippages in the dollar index (DXY) which was hovering near the 104.25 mark, down by 0.05 or 0.04%. It has declined 0.73% over the last five trading sessions.

IMD issues orange alert for very heavy rainfall, heatwave for next 5 days Heatwave is a condition of air temperature that becomes fatal to the human body when exposed. It is defined based on the temperature thresholds over a region in terms of actual temperature or its departure from normal.

Gudi Padwa with much fervour and enthusiasm on the first day of Chaitra month. In simple words, the Marathi New Year has got its name from two words - ‘gudi’ and ‘padwa’. Gudi means means a flag or emblem of Hindu Lord Brahma and padwa means the first day of the phase of the moon.

₹5,600-5,990 a quintal against a minimum support price of ₹5,440, while that of tur is quoted at ₹10,600-10,900 in key mandis of Karnataka and Maharashtra, as per data from spot traders. “Initially yellow pea import was till 31 March.

At 9:30 am, the MCX April gold futures were trading at Rs 68,930 per 10 grams, up by Rs 1,253 or 1.85% while May silver futures were trading at Rs 75,787 per kg, higher by Rs 739 or 0.98%. Track prices here

Gold rate today: On account of the fresh escalation of the geopolitical tension in central Asia and the dovish US Fed on interest rates, gold price today climbed to a new lifetime high of $2,259 per ounce in the international market. Spot gold price today opened flat at around $2,233 per ounce level but soon gathered upside momentum and touched an intraday high of $2,259 level, which turned out a new record high for the yellow metal. Asked about the reasons that are fueling gold prices across the world, Anuj Gupta, Head of Commodity & Currency at HDFC Securities said, “Gold prices are escalating due to rise in the geopolitical tension in the Middle East and US Fed rate cut buzz." Anuj Gupta said that the gold price has given a breakout above the $2,250 level in the intraday session.

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heavy rain a part of ceiling outside the Lokpriya Gopinath Bordoloi International Airport in Guwahati collapsed. Rain waters were gushing through the ceiling of the airport. Sources said there was no injuries. Trees were uprooted and approach road to airport was closed. India Meteorological Department (IMD) forecasted that thunderstorms with lightning and moderate to heavy rainfall are likely to lash Assam along with other northeastern states till April 4.

(This story originally appeared in on Mar 30, 2024)

Gold rate today: On account of three US Fed rate cut buzz in 2024, gold price finished on an exceptionally positive note in the last session of FY24. Ahead of the end of FY24, the gold futures contract on the Multi Commodity Exchange (MCX) for April 2024 expiry ended at ₹67,800 per 10 gm level after climbing to a new lifetime peak of ₹67,850 per 10 gm.

savings instrument and form of insurance all rolled into one in this country, it is the yellow metal that Indians love: gold. Every household in India — from those at the bottom-most rung of the income ladder to the super-rich — has some amount of gold. However, the ways in which this item is being consumed by different household segments are changing. Universal penetration: Over 87% households are gold-owners, and 1 in 2 households has purchased gold during the last five years. Rural consumers are significant users of gold, with 63% ownership. Gold and gold-related products investors in 2020-21 were to be found among 7% of destitute families (those earning less than ₹1.25 lakh annually at 2021 prices), 16% of aspirers (annual income between ₹1.25-5 lakh), 23% of the middle class (yearly income of ₹5-30 lakh) and 33% of rich households (those earning more than ₹30 lakh annually).

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