Jewellery demand is anticipated to see an uptick in H2FY26, given the higher number of weddings, up by 7-8 per cent
The price of 22-carat gold fell by ₹10, with ten grams of the yellow metal selling at ₹1,22,690
On the technical charts, Gold has confirmed a fresh breakout from a classic cup and handle formation, reinforcing the strength of the ongoing uptrend, says Apurva Sheth of SAMCO Securities.
The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,24,110
The price of 22-carat gold fell by ₹10, with ten grams of the yellow metal selling at ₹1,22,740
Gold and silver prices are poised to maintain their record-setting rally in the coming week as investors focus on global inflation data and key macroeconomic indicators that shape central bank policy paths, analysts said. The spotlight will be on macroeconomic numbers, including inflation readings from India, the US, Europe, and the UK, as well as provisional manufacturing and services PMI data across major economies. In the US, traders will also track non-farm payroll/ weekly jobless claims, housing data and consumer sentiments, which will also shape the direction of bullion prices, they added. "Gold and silver's momentum will remain positive as (traders) focus on key data from China, followed by inflation numbers from India, the US, and the UK, along with provisional manufacturing/ services PMI data from across regions," Pranav Mer, Vice President, EBG - Commodity & Currency Research, JM Financial Services, said. On the Multi Commodity Exchange (MCX), gold futures appreciated Rs
The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,22,110
Indian dealers were offering a discount of up to $34 per ounce to official domestic prices this week, inclusive of 6 per cent import and 3 per cent sales levies
Buoyed by a dovish FOMC outcome, spot gold surged on December 11 extending its gains to the second day. At the time of writing this article, spot gold was trading with a gain of 1.3 per cent at $4282
The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,19,860
Over a shorter duration of 5-years, the CAGR return from gold was even better at 23.2 per cent as compared to 16.5 per cent for Indian equities and 19.6 per cent for US equities, FundsIndia said.
The price of 22-carat gold increased by ₹10, with ten grams of the yellow metal selling at ₹1,19,460
Combined with persistent fiscal deficits, slower global growth and rising geopolitical concerns, suggest gold is entering a 'higher-for-longer' regime, and may scale $5,000 over the next year, it said
The price of 22-carat gold fell by ₹10, with ten grams of the yellow metal selling at ₹1,18,640
The price of 22-carat gold climbed by ₹10, with ten grams of the yellow metal selling at ₹1,19,560
The value of gold, the note said, is only 60 - 70 per cent of the jewellery purchase price. The weak performance of diamonds, which form a meaningful part of the jewellery purchase price, caps gains.
The price of 22-carat gold fell by ₹10, with ten grams of the yellow metal selling at ₹1,19,290
The price of 22-carat gold rose by ₹10, with ten grams of the yellow metal selling at ₹1,19,110
The yellow metal, at the time of writing this article, was trading at $4,213, up nearly 0.2 per cent for the day, even as the US yields firmed up
The price of 22-carat gold fell by ₹10, with ten grams of the yellow metal selling at ₹1,18,840