The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,43,390
Bullion fell as much as 0.8 per cent on Monday, after climbing 2.4 per cent in the previous session
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,44,590
Precious metal prices are expected to witness further consolidation in the next week, with volatility likely to persist as investors track key US economic data, including inflation numbers, GDP readings and policy signals from Federal Reserve, analysts said. Traders will also closely watch the US labour data, along with Federal Open Market Committee (FOMC) meeting minutes and speeches from Fed officials, for cues on the timing and pace of potential rate cuts, they added. Pranav Mer, Vice President, EBG, Commodity & Currency Research, JM Financial Services Ltd, said gold and silver prices may continue to see more consolidative moves but volatility will prevail with focus on incoming US data on GDP and the Personal Consumption Expenditures (PCE) inflation numbers and Federal Reserve official's commentary. On the domestic front, silver futures on the Multi Commodity Exchange (MCX) declined Rs 5,532, or 2.2 per cent, while gold rose Rs 444, or 0.3 per cent, over the past week. "Gold ..
Gold remains the most trusted investment for young Indians despite growing access to modern financial products, with 62 per cent of respondents choosing the metal as the first choice for investment, according to a survey. The survey also revealed that 66.7 per cent of respondents stated that gold purchases are largely their personal decisions, and nearly 62 per cent stated that their most recent gold purchase was below 5 grams, indicating the changing nature of how the GenZ and Millennials look at gold. The Smytten PulseAI survey, conducted with 5,000 consumers aged between 18-39, captured how tradition-led buying is steadily giving way to a more individual, logic-driven approach. According to the survey, 61.9 per cent of respondents would choose gold if they had Rs 25,000 to invest today, far ahead of mutual funds (16.6 per cent), fixed deposits (13 per cent), stocks (6.6 per cent) and crypto (1.9 per cent). During times of economic uncertainty, 65.7 per cent said gold feels like
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,42,790
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,45,190
The survey reveals that 66.7% of the respondents' purchases today are largely personal decisions, and 61.9% report that their most recent gold purchase was below 5 grams
Investors should hold - not chase - gold and silver rally
US yields fell on Tuesday after a raft of data suggested the economy may be softening, giving the US Federal Reserve more room to cut interest rates
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,44,760
Spot gold climbed as much as 1.7 per cent in early trading, and was also supported by a landslide election victory for incumbent Japanese Prime Minister Sanae Takaichi
If tariff rates on gems and jewellery are reduced to zero, it will bring major relief to India's gems and jewellery sector, which counts the US as its largest export market, said ICICI Securities.
Instead of chasing high prices, new investors must enter through systematic investment plans with a horizon of five years
Gold prices are likely to trade firm next week as traders await key economic data, including US inflation numbers, for fresh cues on interest rate outlook, while silver may remain volatile amid shifting risk sentiment and speculative activity, analysts said. Traders will look for cues from US GDP, PMI, non-farm payroll and inflation data. Also, inflation readings from China, Germany, and India will also be keenly watched. Speeches from US Federal Reserve officials will be closely tracked as well for indications on the timing of potential rate cuts and their impact on bullion prices, they added. "Gold consolidation and recovery suggest that bias still remains positive. However, in case of silver, we remain cautious of volatility and further corrections," Pranav Mer, Vice President, EBG - Commodity & Currency Research, JM Financial Services, said. During the past week, gold futures climbed Rs 7,698, or 5.2 per cent, while silver slumped Rs 15,760 or nearly 6 per cent on the Multi ...
The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,43,550
Tiny Lebanon sits on one of the largest gold reserves in the Middle East and its government is weighing whether it can use that stockpile to restore a crippled economy while its citizens are looking at gold as a way to protect their battered assets. Lebanon's economy hobbled into 2026 with ongoing inflation and state decay, and no reforms to combat corruption in sight. Its banks collapsed in late 2019 in a crippling fiscal crisis that evaporated depositors' savings and plunged about half its population of 6.5 million into poverty, after decades of rampant corruption, waste, and mismanagement. The country suffered some USD 70 billion in losses in its financial sector, further compounded by about USD 11 billion in the 2024 war between Israel and the Hezbollah militant group. The price of gold recently soared to an all-time high of USD 5,354, before dropping back below USD 5,000, sparked by geopolitical instability and questions surrounding US President Donald Trump's desire to lower ..
In geopolitical news, the White House said that diplomacy is President Donald Trump's first choice for dealing with Iran and he will wait to see whether a deal can be struck at high-stakes talks
The surge of precious metals came to a sudden halt at the end of last week, with silver seeing its biggest ever daily drop on Friday and gold plunging the most since 2013
While the market was already stretched, one of the triggers for the selloff came from a sharp change in expectations around US monetary policy.