Gold jumps 60% to Rs 1.57L from Rs 98,000 a year ago; sales fall 15%, coins gain

🇮🇳 The Times of India (IN) —
Gold jumps 60% to Rs 1.57L from Rs 98,000 a year ago; sales fall 15%, coins gain

AI Summary

Gold prices in Mumbai's spot market surged 60% year-on-year to Rs 1.57 lakh per 10 grams, including GST, while gold sales fell 15% and coins gained popularity. This reflects a significant increase compared to last year’s prices recorded on Ganesh Chaturthi.

In Mumbai's spot market on Monday, gold was trading at Rs 1.57 lakh per 10 grams, including 3% goods and services tax. This was around 60% higher than the Rs 98,000 per 10 grams recorded on Ganesh Chaturthi last year, which fell on August 28.

Markets Deals Commodities gold prices Mumbai commodities market India gold sales coins

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