Page 10 - Gold Prices

Gold could retest record highs as traders eye Powell's speech, RBI policy

Gold prices are poised to remain firm and could edge closer to record highs next week as investors await key US data, Federal Reserve Chair Jerome Powell's speech and the Reserve Bank of India's policy decision, analysts said. "Gold moves out of the consolidation range as investors focus on the manufacturing and services PMI data from across regions, US jobs data, and consumer sentiments," Pranav Mer, Vice President, EBG - Commodity & Currency Research, JM Financial Services Ltd, said. "Adding to that would be Fed chair Jerome Powell's speech on Monday, developments over the Russia-Ukraine peace talks and RBI policy meeting on Friday, all of which will be closely monitored by traders," he added. On the Multi Commodity Exchange (MCX), gold futures for the February 2026 contract climbed by Rs 3,654, or 2.9 per cent, over the past week to close at Rs 1,29,504 per 10 grams on Friday. In the domestic markets, "rupee's weakness and local demand have been a significant contributor to ...

Gold price climbs ₹10 to ₹1,28,470; silver rises ₹100, trading at ₹1,76,100

The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,17,760

Stock Market Close: Sensex down 14 points; Nifty at 26,203; IT, realty, oil & gas shares fall

Stock Market Close on Friday, November 28, 2025: In the broader markets, Nifty Midcap 100 and Nifty Smallcap 100 ended lower by 0.11 per cent and 0.27 per cent, respectively.

Gold falls ₹10, silver rises ₹100; precious metal trading at ₹1,73,100

The price of 22-carat gold fell by ₹10, with ten grams of the yellow metal selling at ₹1,17,090

Gold price climbs ₹10 to ₹1,27,920; silver rises ₹100, trading at ₹1,69,100

The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,17,260

Gold near two-week peak as tepid US data fuels Fed rate cut bets

Spot gold was up 1% at $4,172.18 per ounce at 1208 GMT, its highest since November 14. U.S. gold futures for December delivery were up 0.7% at $4,168.70 per ounce

Gold price climbs ₹10 to ₹1,27,050; silver rises ₹100, trading at ₹1,67,100

The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,16,460

Benchmarks fall for third day on FPI outflows; IT and auto stocks drag

Among Sensex stocks, Tata Motors Passenger Vehicles, Trent, Infosys, Power Grid, HDFC Bank, HCLTech, Kotak Mahindra Bank, ICICI Bank, and Bajaj Finance were the major laggards

Gold prices fall ₹10 to ₹₹1,25,120; silver down ₹100, trades at ₹1,62,900

The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,14,690

Gold falls ₹10, silver down by ₹100; yellow metal trading at ₹1,25,830

The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,15,340

Gold outlook: Fed decision to dictate short-term moves in yellow metal

Gold will react mainly to the shifting odds of a December rate cut, which means that the September NFP report may further weigh on the yellow metal, analyst said

Gold prices slip ₹10, silver down ₹100; yellow metal trading at ₹1,24,250

The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,13,890

Gold price climbs ₹10 to ₹1,24,870; silver rises ₹100, trading at ₹1,68,100

The price of 22-carat gold also increased by ₹10, with ten grams of the yellow metal selling at ₹1,14,460

Gold prices slip ₹10, silver down ₹100; yellow metal trading at ₹1,23,650

The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,13,340

Gold price climbs ₹10 to ₹1,25,410; silver falls ₹100, trading at ₹1,66,900

The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,14,960

India's Gold imports triple to record $14.7 bn in October on high demand

The country's gold imports surged about threefold to hit a record high of USD 14.72 billion in October, mainly due to higher festival and wedding demand, according to commerce ministry data. Gold imports stood at USD 4.92 billion in October 2024. Cumulatively, imports during April-October this fiscal year rose 21.44 per cent to USD 41.23 billion from USD 34 billion a year ago. High gold imports have pushed the country's trade deficit (difference between imports and exports) to a record high of USD 41.68 billion in October. Prices of the yellow metal are hovering around Rs 1.29 lakh per 10 grams in the national capital. Commenting on the data, Commerce Secretary Rajesh Agrawal said the increase in imports could be attributed to festival demand. Switzerland is the largest source of gold imports, with about 40 per cent share, followed by the UAE (over 16 per cent) and South Africa (about 10 per cent). The precious metal accounts for over 5 per cent of the country's total imports.

India's exports fall 11.8% to $34.38 in Oct as imports rise on gold, silver

India's exports contracted 11.8 per cent to USD 34.38 billion in October, showed government data released on Monday. Imports jumped 16.63 per cent to USD 76.06 billion. The country's trade deficit stood at USD 41.68 billion during the reporting month. Imports surged due to increased shipments of gold and silver. Gold imports jumped to USD 14.72 bn in the last month against USD 4.92 bn recorded in the same month last year. The country's exports to the United States declined to USD 6.3 bn in October as against USD 6.9 bn registered in the year-ago month, Commerce Secretary Rajesh Agrawal told reporters here. During April-October this fiscal, exports increased marginally by 0.63 per cent to USD 254.25 billion. At the same time, imports rose 6.37 per cent to USD 451.08 billion, the commerce ministry data showed.

Gold prices slip ₹10, silver down ₹100; yellow metal trading at ₹1,25,070

The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,14,640

Gold may stay choppy ahead of US jobs data, Fed meeting minutes: Analysts

Gold prices are likely to remain volatile in the coming week but may find support as focus shifts to key US economic data releases, including jobs report and the Federal Reserve's meeting minutes for fresh signals on the interest rate decision, analysts said. Investors will also closely watch Federal Reserve Chair Jerome Powell's speech on Wednesday. Along with comments from other Fed officials throughout the week which will drive the gold prices, they added. "The volatility is expected to remain high, but prices may find some support... Focus will be on the US economic data releases, which may give some clues on the health of the American economy & possible some direction on the Fed's rate outlook," Pranav Mer, Vice President, EBG - Commodity & Currency Research, JM Financial Services Ltd, said. On a weekly basis, gold futures for December delivery climbed by Rs 2,494, or 2.06 per cent in the past week, on the Multi Commodity Exchange (MCX). "The precious metal rallied ...

Gold price slips ₹10 to ₹1,27,030; silver rises ₹100, trading at ₹1,73,200

The price of 22-carat gold also fell by ₹10, with ten grams of the yellow metal selling at ₹1,16,440