Page 16 - Gold Prices

Gold strategy on Sept 3: Support at ₹103,500; Resistance at ₹109,500

Gold outlook: Spot gold continues to find robust support from a confluence of macroeconomic factors, chief among them being the rapidly deteriorating fiscal landscape in major economies.

Flows favour equities, returns chase gold and silver. Where to invest?

International silver prices could climb toward $50 per ounce, translating into a 20-25 per cent rise in MCX silver prices to around ₹1,50,000 per kg

Gold price climbs ₹10 to ₹1,05,890; silver rises ₹100, trading at ₹1,26,100

The price of 22-carat gold also declined by ₹10, with ten grams of the yellow metal selling at ₹97,060

Gold falls ₹10, silver down ₹100; yellow metal trading at ₹1,04,940

The price of 22-carat gold also declined by ₹10, with ten grams of the yellow metal selling at ₹96,190

Gold's record rally faces test as focus shifts to US data, Fed rate cuts

Gold prices, which scaled record highs in the domestic market last week, are likely to face a crucial test in the coming days with investors watching US macroeconomic data and geopolitical tensions for cues on the trajectory of the precious metal, analysts said. Upcoming US employment data, purchasing managers' index (PMI) readings from major economies, and speeches of several Federal Reserve officials will also be watched, they said. "In the week ahead, focus will be on the manufacturing/services PMI data from across regions and the US employment data. Festive demand in India and uncertainty over the Russia-Ukraine peace deal as well as straining India-US relations, will also drive market sentiment," Pranav Mer, Vice President, EBG -- Commodity & Currency Research, JM Financial Services, said. On Friday, the most-traded gold futures for October contract soared to an all-time high of Rs 1,04,090 per 10 grams on the Multi Commodity Exchange (MCX) before settling near record ...

Gold price climbs ₹10 to ₹1,04,950; silver rises ₹100, trading at ₹1,21,000

The price of 22-carat gold climbed by ₹10, with ten grams of the yellow metal selling at ₹96,200

Gold price climbs ₹10, silver falls ₹100; yellow metal trading at ₹1,02,610

The price of 22-carat gold climbed by ₹10, with ten grams of the yellow metal selling at ₹94,060

Gold price rises ₹10 to ₹1,02,450; silver dips ₹100, trading at ₹1,19,900

The price of 22-carat gold climbed by ₹10, with ten grams of the yellow metal selling at ₹93,910

Gold price dips ₹10 to ₹1,01,500; silver rises ₹100, trading at ₹1,21,100

The price of 22-carat gold also declined by ₹10, with ten grams of the yellow metal selling at ₹93,040

Gold falls ₹10, silver down ₹100; yellow metal trading at ₹1,01,610

The price of 22-carat gold also declined by ₹10, with ten grams of the yellow metal selling at ₹93,140

Gold price dips ₹10 to ₹1,00,520, silver climbs ₹100, trades at ₹1,18,100

The price of 22-carat gold also increased by ₹10, with ten grams of the yellow metal selling at ₹92,140

Gold price falls ₹250 to ₹1,00,370 per 10 g; silver rallies ₹1,000

Gold prices fell Rs 250 to Rs 1,00,370 per 10 grams in the national capital on Friday amid a weak global trend, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity had closed at Rs 1,00,620 per 10 grams on Thursday. In the national capital, gold of 99.5 per cent purity slipped Rs 150 to Rs 1,00,050 per 10 grams (inclusive of all taxes) on Friday. It had settled at Rs 1,00,200 per 10 grams in the preceding session. However, silver prices rallied by Rs 1,000 to Rs 1,15,000 per kilogram (inclusive of all taxes) on Friday. The white metal had ended at Rs 1,14,000 per kg on Thursday, according to the Association. On the global front, spot gold was trading 0.25 per cent lower at USD 3,330.48 per ounce in New York. Spot silver also went down by 0.48 per cent to trade at USD 37.96 per ounce. "Gold and silver prices are staying within a narrow range as traders await significant movements in anticipation of US Federal Reserve Chair Jerome Powell's spee

Gold outlook: Analyst suggests 'buy on the dips'; check support, resistance

Praveen Singh, head of currencies and commodities at Mirae Asset Sharekhan, has shared his outlook for the yellow metal

Gold price climbs ₹10 to ₹1,00,760; silver rises ₹100, trading at ₹1,16,100

The price of 22-carat gold also increased by ₹10, with ten grams of the yellow metal selling at ₹92,310

Gold seen hitting $3,600 by year-end on global uncertainty: Ventura

Gold prices could climb to USD 3,600 per ounce in the global markets by the end of December, driven by global economic headwinds, geopolitical risks and robust investment demand, according to the Ventura Securities. In its latest outlook, Ventura Securities said it expects Comex gold futures to touch USD 3,600 per ounce by year-end, after hitting an all-time high of USD 3,534.10 on August 7. On the domestic front, the most-traded October gold futures scaled a record high of Rs 1,02,250 per 10 grams on the Multi Commodity Exchange on August 8. "Gold retains upside potential with pronounced volatility, supported by weaker US growth, sustained pressure on the US dollar index, trade frictions and heightened geopolitical risks," the stock broking firm said. Global demand trends continue to underpin the rally. Gold demand in the second quarter of 2025 rose 3 per cent year-on-year to 1,249 tonnes, valued at USD 132 billion, reflecting a 45 per cent surge in value terms. Investment inflow

Gold rate outlook: Will yellow metal decline further? Analyst predicts this

Gold is under pressure from geopolitical factors as traders expect that the US-driven peace efforts may lead to a breakthrough in the Ukraine war talks

Gold falls ₹10, silver down ₹100; yellow metal trading at ₹1,00,740

The price of 22-carat gold also declined by ₹10, with ten grams of the yellow metal selling at ₹92,340

Gold falls ₹10, silver down ₹100; yellow metal trading at ₹1,01,170

The price of 22-carat gold also declined by ₹10, with ten grams of the yellow metal selling at ₹92,740

Gold prices may see consolidation next week as focus shifts to Fed, US data

Gold prices are likely to witness a phase of consolidation in the coming week as traders weigh a mix of global economic indicators, cues from central banks and shifting geopolitical dynamics, analysts said. Traders will monitor US housing numbers, consumer price data from the UK and Eurozone, and provisional PMI releases from key economies. Also, investors will closely track European Central Bank's President Christine Lagarde speech as well as commentary by Federal Reserve Chair Jerome Powell at the Jackson Hole Symposium, which will provide further insights for the broader trajectory of the bullion prices, they added. "Gold prices are likely to see some consolidation/correction in the coming week as focus now remains on the incoming US macroeconomic data and the Federal Reserve's meeting next month with interest rate cuts in focus. "In the week ahead the focus will be on US housing data, CPI numbers from the UK and the Euro zone and the provisional data on manufacturing/ services

Gold price falls ₹10 to ₹1,01,340; silver climbs ₹100, trading at ₹1,16,100

The price of 22-carat gold also fell by ₹10, with ten grams of the yellow metal selling at ₹92,890