{"id":382,"date":"2012-01-01T09:13:33","date_gmt":"2012-01-01T05:13:33","guid":{"rendered":"http:\/\/www.dubaigoldprices.com\/?p=382"},"modified":"2012-01-01T09:13:33","modified_gmt":"2012-01-01T05:13:33","slug":"india-gold-gains-as-demand-returns","status":"publish","type":"post","link":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/2012\/01\/01\/india-gold-gains-as-demand-returns\/","title":{"rendered":"India gold gains as demand returns"},"content":{"rendered":"<p><a href=\"http:\/\/www.dubaigoldprices.com\/wp-content\/uploads\/2012\/09\/1325594034.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.dubaigoldprices.com\/wp-content\/uploads\/2012\/09\/1325594034-300x225.jpg\" alt=\"India gold gains as demand returns\" title=\"India gold gains as demand returns\" width=\"300\" height=\"225\" class=\"alignright size-medium wp-image-383\" srcset=\"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-content\/uploads\/2012\/09\/1325594034-300x225.jpg 300w, https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-content\/uploads\/2012\/09\/1325594034-768x576.jpg 768w, https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-content\/uploads\/2012\/09\/1325594034.jpg 800w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>Gold prices in India, world&#8217;s largest consumer, climbed after stockists and jewellery shops began stockpiling for the upcoming marriage season.<\/p>\n<p>Gold prices went up by nearly 32% as opposed to just 11% in the global markets as a debilitating Indian rupee helped push the prices higher, particularly in the last couple of months of the year.<\/p>\n<p>Gold per ten grams on the MCX.country&#8217;s leading commodity exchannge, rose as high as Rs 27,900 while silver per kig hit Rs 51,600.<\/p>\n<p>Analysts also attributed firm global trends, aided by geo-political tensions in West Asia after Iran tested long range missiles and enhanced nuke ambitions, for the gains in yellow metal.<\/p>\n<p>A depreciating local currency, rupee, continued to keep prices steady in the local market, analysts added.<\/p>\n<p>In Asian trade, gold prices climbed as high as $1588 an ounce.<\/p>\n<p>In December, gold demand took a hit as buying declined during year-end holidays and the month is considered inauspicious for purchases, dealers said.<\/p>\n<p>Gold imports by India, the world&#8217;s top consumer, plunged 56% to 125 tonnes in the fourth quarter, cutting full-year imports by 8.4% as record high prices and high interest rates curbed demand.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold prices in India, world&#8217;s largest consumer, climbed after stockists and jewellery shops began stockpiling for the upcoming marriage season. Gold prices went up by nearly 32% as opposed to just 11% in the global markets as a debilitating Indian rupee helped push the prices higher, particularly in the last couple of months of the [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":383,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[654],"class_list":["post-382","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gold-news","tag-india-gold-gains-as-demand-returns"],"_links":{"self":[{"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/posts\/382","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/comments?post=382"}],"version-history":[{"count":0,"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/posts\/382\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/media\/383"}],"wp:attachment":[{"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/media?parent=382"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/categories?post=382"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dxbgoldrate.com\/dubaigoldrates\/wp-json\/wp\/v2\/tags?post=382"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}