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'Buyers opting for lighter, more affordable pieces amid rising gold prices'

Business Standard LogoBusiness Standard7h ago

'Buyers opting for lighter, more affordable pieces amid rising gold prices' - Business Standard

Quick Summary:

The impact of gold ETFs and sovereign bonds on physical gold sales has been relatively less.

Buyers are still purchasing gold because they anticipate that prices might continue to rise, so they prefer to secure gold now rather than waiting for a potential drop.

Despite the increase in gold prices, the enduring appeal of gold during festive seasons and weddings remains strong.


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'Buyers opting for lighter, more affordable pieces amid rising gold prices' - Business Standard (Picture 1)

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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-09 @ 16:31:12 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 544 words

Reading Time: 4 minutes read

Sentences: 32 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22967809

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About Business Standard

Business Standard Logo

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 292 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

Publisher Details

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The story "'Buyers opting for lighter, more affordable pieces amid rising gold prices'" has 544 words across 32 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Which news outlet covered this story?

The story "'Buyers opting for lighter, more affordable pieces amid rising gold prices'" was covered 7 hours ago by Business Standard, a news publisher based in India.

How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news.

The outlet is headquartered in India and publishes an average of 292 news stories per day.

It's most recent story was published 2 hours ago.

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  • News ID: #22967809
  • URL: https://beamstart.com/news/buyers-opting-for-lighter-more-17284721808901

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