The price of 22-carat gold climbed ₹10, with ten grams of the yellow metal selling at ₹90,760
Gold prices surged Rs 2,400 to Rs 99,750 per 10 grams in the national capital on Tuesday due to persistent buying by jewellers and stocks, according to the All India Sarafa Association. On Monday, the precious metal of 99.9 per cent purity had ended at Rs 97,350 per 10 grams. Extending the gains for the third straight day, gold of 99.5 per cent purity jumped Rs 2,400 to Rs 99,300 per 10 grams on Tuesday. It had closed at Rs 96,900 per 10 grams in the previous close. "Gold prices edged higher as safe-haven demand returned following President Donald Trump's announcement of fresh tariff plans. "The proposed measures include duties on pharmaceutical imports and a steep 100 per cent tariff on movies produced outside the United States -- a move that stoked concerns over renewed trade tensions and their potential impact on global growth," Abans Financial Services' Chief Executive Officer Chintan Mehta said. As per the Sarafa Association, silver prices also climbed Rs 1,800 to Rs 98,500 p
The price of 22-carat gold rose ₹10, with ten grams of the yellow metal selling at ₹87,760
The price of 22-carat gold rose ₹10, with ten grams of the yellow metal selling at ₹87,540
The price of 22-carat gold rose ₹10, with ten grams of the yellow metal selling at ₹87,540
The price of 22-carat gold rose ₹10, with ten grams of the yellow metal selling at ₹87,740
Federal Reserve policymakers indicated interest rates would remain unchanged until there were clear signs of lowering inflation to the 2% goal or potential job market deterioration
SmartWealth.ai's analysis reveals that gold has delivered a 12.3% CAGR over the past 10 years (2016-2025), nearly catching up with the Nifty50's 11.4% CAGR over the same period.
The price of 22-carat gold rose ₹10, with ten grams of the yellow metal selling at ₹89,740
The price of 24-carat gold in Mumbai stood at Rs 97,600 per 10 grams and 22-carat gold stood at Rs 92,000 per 10 grams
Domestic gold prices hit a record high of ₹99,358 per 10 grams earlier this month
The metal may test $3372-$3400 resistance zone. Upside is likely to be capped at $3400 in the short-term
In early 1980, investors, according to Capitalmind, were inspired by the stellar returns of the 1970s. If they invested in gold back then, they would have faced two decades of negative returns.
The price of 22-carat gold rose ₹10, with ten grams of the yellow metal selling at ₹89,810
Analysts at brokerage firm Motilal Oswal Financial Services maintain a positive long-term outlook on gold, recommending investors to "buy on dips" with a target price of ₹1,06,000
The price of 22-carat gold declined ₹10, with ten grams of the yellow metal selling at ₹89,390
The price of 22-carat gold declined ₹10, with ten grams of the yellow metal selling at ₹90,010
The correlation between demand for gold and high inflation is well documented and is likely to hold true into the foreseeable future
The price of 22-carat gold declined ₹10, with ten grams of the yellow metal selling at ₹90,040
The reserves had hit a record high of $705 billion in September 2024