Motilal Oswal continues to maintain buy on dips stance from medium to long-term perspective.
The price of 22-carat gold rose by ₹10, with ten grams of the yellow metal selling at ₹1,48,310
The price of 22-carat gold rose by ₹10, with ten grams of the yellow metal selling at ₹1,47,910
US gold futures for April delivery were up 2.7 per cent at $5,219
A major US Supreme Court ruling has struck down Donald Trump’s sweeping reciprocal tariffs, but a new 15% global tariff has already replaced them.
Precious metal prices climbed 3 per cent in the national capital on Monday, with silver surging to Rs 2.7 lakh per kilogram and gold advancing to Rs 1.6 lakh per 10 grams, due to strong safe-haven demand amid growing global trade uncertainties after the US Supreme Court ruling against Trump's tariffs. According to the All India Sarafa Association, silver jumped Rs 8,000, or 3.03 per cent, to Rs 2,72,000 per kilogram (inclusive of all taxes) from Friday's closing level of Rs 2,64,000 per kg. Gold of 99.9 per cent purity also increased by Rs 3,300, or 2.06 per cent, to Rs 1,62,800 per 10 grams (inclusive of all taxes). It had settled at Rs 1,59,500 per 10 grams in the previous market session. Silver and gold extended bullish momentum on Monday, with both metals trading at a three-week high, supported by renewed safe-haven demand. The rally came following a landmark US Supreme Court ruling against Trump's tariffs, which triggered sharp cross-asset volatility and prompted investors to
Silver and gold are expected to extend their gains next week as investors sought safety in safe-haven assets amid renewed trade tensions following US President Donald Trump's decision to raise global tariffs and rising geopolitical strains in the Middle East, analysts said. Market participants will closely watch key economic indicators, including the US Producer Price Index (PPI), consumer confidence data, weekly initial jobless claims and the People's Bank of China's lending rate decision, for cues on the direction of precious metals, they added. "Markets are awaiting the US producer price index (PPI), housing data, consumer confidence, regional Fed indicators, and the People's Bank of China's prime rate decision," Choice Broking said. The brokerage firm said escalating geopolitical risks and Trump's move to raise global tariffs after the US Supreme Court's ruling have revived trade uncertainties and strengthened safe-haven demand for bullion. On the Multi Commodity Exchange, silv
The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,44,260
Domestic gold prices were trading around ₹155,000 per 10 grams on Friday, having hit a record high of ₹180,779 last month before sliding to as low as ₹133,687 earlier in February
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,43,460
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