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Gold prices rebound by Rs 3,600 to Rs 1.52 lakh per 10g in Delhi due to festive demand. Silver falls. Global factors like crude oil cap gains.
Deepa Jewellers share price rallied 13% on 7 October as the market fell. See Q1 revenue up 39%, IPO gains, valuation, levels and the risks of a gold jewellery stock.
In the physical retail market, gold is primarily bought in 24-karat and 22-karat options. While 24-karat represents pure gold, 22-karat remains the preferred choice for crafting ornaments because the mixed alloys deliver greater durability.