Experts believe there are more chances of a correction in the near term due to profit-booking, adding that the long-term bullish trend is intact
The price of 22-carat gold also decreased by ₹10, with ten grams of the yellow metal selling at ₹1,19,790
Gold and silver soared over 60 per cent in Samvat 2081, outpacing stocks as Nifty and Sensex delivered modest single-digit returns amid global volatility
Globally, gold consumption continues to be driven by Jewellery, investment flows, central bank diversification, and growing industrial use in AI chips and electronics
Gold and silver prices regained their shine on Monday, rising in the domestic futures market as investors turned to value buying after a brief pullback from record highs and renewed appetite for safe haven assets amid global uncertainties. On the Multi Commodity Exchange (MCX), gold futures for December delivery climbed Rs 982, or 0.77 per cent, to Rs 1,27,990 per 10 grams in a business turnover of 14,913 lots. The yellow metal had surged to an all-time high of Rs 1,32,294 per 10 grams on Friday before settling at Rs 1,27,008 per 10 grams, snapping a five-day rally. The February 2026 contract for gold also advanced Rs 1,680 or 1.31 per cent, to Rs 1,29,743 per 10 grams in 1,862 lots. It had touched a fresh peak of Rs 1,34,024 per 10 grams in the previous market trade. Last week, gold futures rose by Rs 5,644, or 4.65 per cent, reflecting strong investor sentiment. Silver futures, too, joined the recovery. The white metal for December delivery rallied by Rs 1,522 or 0.97 per cent t
PNG is the second-largest jeweller in Maharashtra by store count. Since its IPO in Sep' 24, the company has added 24 stores to its network of 39, aiming to strengthen its presence in Maharashtra.
The price of 22-carat gold also decreased by ₹10, with ten grams of the yellow metal selling at ₹1,19,940
A portfolio that includes gold has delivered better risk adjusted returns than one with only equities over the long run
The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,21,710
As gold prices peak, Indian households still spend big on Dhanteras, showing how faith and finance continue to shape the country's festive buying patterns
In Mumbai's bustling jewellery district, stores are packed, with many customers coming in to buy or book gold and silver coins and bars as both festival and investment purchases
India-focused funds saw $382 million in outflows this week, even as global investors shifted towards China and gold, Elara Capital reported
"Gold rally likely sustained through 1H'26 by geopolitical risks, economic policy uncertainty and rising public debt," the bank said in a note
Spot gold rose 0.2% to $4,335.87 per ounce, as of 0929 GMT, after scaling another record high of $4,378.69 earlier. U.S. gold futures for December delivery jumped 1% to $4,348.90
The price of 22-carat gold also fell by ₹10, with ten grams of the yellow metal selling at ₹1,18,640
Gold allocations amid the recent sharp run in prices may prompt portfolio rebalancing by strategic investors, WGC believes
Spot gold was up 1.4% at $4,264.63 per ounce as of 11:06 a.m. ET (1506 GMT) after bullion touched a record high of $4,270.59 earlier
In the international markets, spot gold rose nearly 1% to hit an all-time high of $ 4,246.08 per ounce
Gold is considered a traditional hedge against uncertainty and inflation, and also thrives in low-rate environments as it is a non-yielding asset
The price of 22-carat gold rose by ₹10, with ten grams of the yellow metal selling at ₹1,17,660