A stellar rally that has lifted global gold prices to all-time highs has cast a shadow on jewellery purchases for India’s wedding season, while dealers in China offered discounts to lure buyers. Benchmark gold prices hit a record $2,942.70 an ounce this week as fears of a global trade war, spurred by possible new U.S….
Gold price: International precious metals prices strengthened, with gold reaching historic peak. (AI image) Gold price today: Gold April futures on MCX soared beyond Rs 86,000/10 gram, with the precious metal beginning Tuesday at a fresh peak of Rs 86,350 per 10 grams, showing a rise of 0.62% or Rs 534.Silver March futures were up…
Data from the India Bullion and Jewellers Association (IBJA) showed 24-carat gold closed at Rs 80,194 per 10 gms. (AI image) Gold prices surpassed Rs 80,000/10 gm for the first time on Wednesday, according to data from a leading industry organisation, reflecting increased safe-haven demand from investors concerned about potential market volatility following an anticipated…
Gold prices surpassed Rs 80,000 per 10 grams in the domestic market in 2024. (AI image) Gold price in 2025: In 2025, experts advise investors to maintain gold as an essential element of their investment portfolios, citing its diversification benefits and potential for continued gains for the fourth straight year.Gold prices surpassed Rs 80,000 per…
Representative Image Gold investors brace for a rocky road ahead as BMI, a unit of Fitch Solutions, projects significant downside risks for the precious metal in 2025 while gold prices ave started to fall since Donald Trump won US elections. The firm predicts heightened volatility for gold prices, driven by the U.S. Federal Reserve’s measured…
Gold has outperformed the broader Nifty 50 index over the past year, yet wealth managers caution that its growth may slow. (AI image) Gold bull run nearing end? Gold’s performance has surpassed the Nifty 50 index in the past year, with a 30.69% increase in rupee terms and 39.10% in dollar terms, compared to Nifty…
Gold price outlook: Market participants anticipate further increases in the price of the precious metal. (AI image) Gold rate today: Gold prices reached a new peak of Rs 78,300 per 10 gm yesterday, driven by safe-haven buying amidst rising tensions in the Middle East and lower US bond yields. Market participants anticipate further increases in…
Anuj Gupta of HDFC securities attributed the record-high gold prices to persistent optimism over U.S. interest rate cuts. (AI image) Gold rate today: Gold October futures contracts at MCX reached a new all-time high of Rs 76,000 per 10 grams on Wednesday. Over the past week, gold prices have risen by Rs 2,900 per 10…
Gold prices have corrected sharply by 7 per cent or Rs 5,000 per 10 grams in the local markets after the government slashed basic custom duty on gold, and the lower costs will encourage more people to invest in the yellow metal, both as a commodity and as a financial asset, experts say. Analysts said…
Gold price outlook: The current circumstances appear to be ideal for gold, and overlooking its appeal could be a costly mistake for investors seeking to safeguard their wealth.Central banks in emerging markets are accumulating gold reserves as tensions persist in West Asia, enhancing the metal’s status as a reliable store of value. Additionally, the near…
