Titan and Kalyan Jewellers posted strong Q4 revenue growth driven by jewellery demand, though rising bullion sales and gold prices weighed on margins
Gold and silver may remain range-bound for a second consecutive week as investors assess developments in US-Iran peace negotiations and global macroeconomic data, analysts said. Traders will track inflation data from China, Germany, and the United States, along with GDP numbers from the Eurozone and the UK, later this week, they added. "Gold prices momentum looks consolidative, while silver movement looks positive in the coming week as traders will focus again on the progress on peace talks between the US and Iran to end the war and markets are likely to react accordingly," Pranav Mer, Vice President, EBG - Commodity & Currency Research, JM Financial Services Ltd, said. On the Multi Commodity Exchange (MCX), gold futures gained Rs 1,178, or nearly 1 per cent over the past week, to settle at Rs 1.52 lakh per 10 grams. Silver climbed Rs 10,985, 4.4 per cent, to close at Rs 2.61 lakh per kg. "Gold traded with a positive undertone last week, posting gains of nearly 1 per cent on MCX ..
The price of 22-carat gold fell by ₹10, with ten grams of the yellow metal selling at ₹1,39,940
Spot gold prices have risen over 2 per cent so far this week on easing fears of inflation and higher interest rates, as investors remained optimistic about a US-Iran peace deal
The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,40,260
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,36,740
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,37,140
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,38,340
The price of 22-carat gold fell by ₹10, with ten grams of the yellow metal selling at ₹1,37,840
The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,38,110
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,37,890
Gold slips as rising oil prices stoke inflation fears and rate outlook uncertainty, with markets eyeing Fed Chair Jerome Powell's cues on policy path
Liquidity dynamics have also played a role. In volatile markets, investors often sell gold and silver to raise cash or meet margin calls, creating temporary downward pressure on precious metals.
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,40,890
SPDR Gold Trust, the world's largest gold-backed exchange-traded fund, said its holdings fell 0.2 per cent to 966.30 metric tonnes on Thursday
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,41,190
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,40,740
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,41,840
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,42,340
Investigators uncover foreign-marked bullion during tax raids linked to TMC MLA aide, prompting possible DRI probe amid scrutiny of asset disclosures