Sumit pocketed the gold with a remarkable throw of 73.29 meters, setting new World, Para Asian and Games records. Another Indian in action, Pushpendra Singh bagged a bronze with a throw of 62.06 meters.
Contrary to the usual trend of gold moving up significantly in the weaker dollar scenario, the safe haven status has assumed significance despite a strong dollar scenario, the report said.
Monu Ghangas won a bronze medal in the men's shot put F11 event with an effort of 12.33m.
Gold and silver are likely to be costlier for customers during the ongoing festive season as the Israel-Hamas war has been raging. To add to the worry of customers, the prices of the yellow (per 10 gm) and white metals (per kg) have spiked by Rs 4,000 in the last two weeks.
The bonus they gained for their consistent performance in the hockey competition in Hangzhou was a berth in next year's Paris Olympics as the Asian Games in a qualifying tournament for the Olympics.
The Indian pair defeated Malaysia's Aifa Binti Azman and Mohammad Syafiq bin Mohd Kamal 2-0 in straight games, coming back from game ball to win 11-10, 11-10.
In September, gold was sold at Rs 55,000 per 10 grams for 22-carat. Now, following the drop, the prices have come down to Rs 53,000.
After going down in the first set 2-6, the Indian duo mounted an impressive comeback, securing the second set and forcing the match into a decisive tie-breaker.
With a score of 469.6, Sift set a new World Record, a new Asian Games record and also the Asian Record to finish on the top in one of the most difficult of the shooting competitions as it tests the shooter's abilities in kneeling, prone and standing positions.
In the 25m pistol team event, the formidable trio of Manu Bhaker, Esha Singh and Rhythm Sangwan scored a total of 1759 after the precision and rapid rounds, beating China and the Republic of Korea to claim the top stop on the podium.
As per official sources, the third phase of the mandatory hallmarking will cover an additional 55 new districts under the mandatory hallmarking system.
Be that as it may, a policy rate cut by the US Federal Reserve combined with higher-than-average inflation will result in a structural up move in gold prices, said Quantum Asset Management Company (AMC).
While everyone has the desire to get luxurious gifts from Dubai, however, a woman asked her daughter to bring 10kg of tomatoes.
In the previous trade, the yellow metal had finished at Rs 60,650 per 10 grams.
Acting on a specific input that foreign origin gold is being smuggled from Sri Lanka through Vedhalai coast in Ramnad by different gangs using fishing boats, surveillance was earlier increased.
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