Gold price hits 14-month high, surges to Rs 31,450 per 10 gram

Agencies

January 25, 2018

New Delhi, Jan 25: Gold prices soared by Rs 350 to trade at over 14-month high of Rs 31,450 per 10 gram on Thursday, tracking a firm trend overseas amid pick-up in buying by local jewellers.

Silver regained the Rs 41,000-mark by jumping Rs 1,100 on increased offtake by industrial units and coin makers.

Bullion traders attributed the rally in gold to a firm trend overseas as the dollar weakened to near three-year lows in the wake of comments by US Treasury secretary Steven Mnuchin that he welcomed a weaker currency, raising demand for the precious metal as a safe haven.

Besides, an uptick in seasonal buying by local jewellers firmed up the prices, they added.

Globally, gold ruled firm as it rose 0.43 percent to trade at nearly 1-1/2 year high of USD 1,363.60 an ounce in Singapore. Silver also rose by 0.29 percent to USD 17.58 an ounce.

In the national capital, gold of 99.9 percent and 99.5 percent purity shot up by Rs 350 each to Rs 31,450 and Rs 31,300 per ten gram, respectively, a level last seen on November 9, 2016. It had gained Rs 25 in yesterday's trade.

Sovereign however held steady at Rs 24,800 per piece of eight gram.

Tracking gold, silver ready jumped Rs 1,100 to Rs 41,000 per kg and weekly-based delivery Rs 1,190 to Rs 40,130 per kg.

Silver coins however remained steady at Rs 74,000 for buying and Rs 75,000 for selling of 100 pieces.

Comments

Acche din for those husbands whose wife have lot of gold and Bure din for those who are planning to buy gold for their marriage.

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PM Modi, King Abdullah II share 8-point vision to deepen India-Jordan ties

News Network

December 16,2025

Prime Minister Narendra Modi on Monday held talks with Jordan’s King Abdullah II in Amman, during which the two leaders discussed ways to further strengthen bilateral relations, with the Prime Minister outlining an eight-point vision covering key areas of cooperation.

Describing the meeting as “productive”, PM Modi said he shared a roadmap focused on trade and economy, fertilisers and agriculture, information technology, healthcare, infrastructure, critical and strategic minerals, civil nuclear cooperation, and people-to-people ties.

In a post on social media platform X, the Prime Minister praised King Abdullah II’s personal commitment to advancing India–Jordan relations, particularly as both countries mark the 75th anniversary of the establishment of diplomatic ties this year.

“Held productive discussions with His Majesty King Abdullah II in Amman. His personal commitment towards vibrant India-Jordan relations is noteworthy. This year, we are celebrating the 75th anniversary of our bilateral diplomatic relations,” PM Modi said.

The meeting took place at the Al Husseiniya Palace, where the two leaders also exchanged views on regional and global issues of mutual interest. According to the Ministry of External Affairs (MEA), both sides agreed to further deepen cooperation in areas including trade and investment, defence and security, counter-terrorism and de-radicalisation, fertilisers and agriculture, infrastructure, renewable energy, tourism, and heritage.

The MEA said both leaders reaffirmed their united stand against terrorism.

PM Modi arrived in Amman earlier on Monday and was received by Jordanian Prime Minister Jafar Hassan, who accorded him a formal welcome. Following the talks, King Abdullah II hosted a banquet dinner in honour of the Prime Minister, reflecting the warmth of bilateral ties.

Jordan is the first leg of PM Modi’s three-nation tour. From Amman, the Prime Minister will travel to Ethiopia at the invitation of Prime Minister Abiy Ahmed Ali, marking his first official visit to the African nation. The tour will conclude with a visit to Oman.

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