Over the past 20 years, gold has delivered positive annual returns in 14 calendar years, reinforcing its status as a proven store of value and a hedge against inflation
The price of 22-carat gold also declined by ₹10, with ten grams of the yellow metal selling at ₹92,340
The price of 22-carat gold also fell by ₹10, with ten grams of the yellow metal selling at ₹92,890
New ones should stagger purchases to avoid timing risk
The price of 22-carat gold declined by ₹10, with ten grams of the yellow metal selling at ₹92,890
The price of 22-carat gold declined by ₹10, with ten grams of the yellow metal selling at ₹92,940
Gold prices plunged Rs 1,000 to Rs 1,01,520 per 10 grams in the national capital on Tuesday in line with a sell-off in global markets, according to the All India Sarafa Association. On Monday, the precious metal of 99.9 per cent purity had settled at Rs 1,02,520 per 10 grams. In the local markets, gold of 99.5 per cent purity dipped Rs 1,000 to Rs 1,01,100 per 10 grams (inclusive of all taxes) on Tuesday. "Gold prices dipped after US President Donald Trump clarified on social media that there would be no tariffs on gold imports. Although an official confirmation from the White House is still pending, the announcement eased some trade-related concerns," Abans Financial Services CEO Chintan Mehta said. Adding to this, the White House announced on Monday that the suspension of high-level tariffs on China will be extended until November 11. This decision has helped ease ongoing macroeconomic tensions for now, which has pressured gold prices downwards, Mehta added. On Tuesday, the rupe
The price of 22-carat gold declined by ₹10, with ten grams of the yellow metal selling at ₹93,740
Gold futures traded on New York's Comex and the global benchmark for spot prices in London were little-changed after Trump's post
Gold prices are likely to extend gains in the coming week, as macroeconomic uncertainty, tariff disputes and central bank buying continue to underpin investor appetite for the precious metal, according to analysts. Traders will closely monitor a series of key macroeconomic data releases from major economies, including the UK and EU GDP, the US Core PPI and Core CPI. Speeches by US Federal Reserve officials will also be in focus for further guidance on the near-term trajectory for the gold prices. Prathamesh Mallya, DVP Research, Non-Agri Commodities and Currencies at Angel One, said gold prices continue to rally and make new highs in the international as well as domestic futures. "From the lows of Rs 98,079 per 10 grams made on July 28, to the highs of Rs 1,02,250 per 10 grams, the shine in gold prices continues to increase the wealth of gold investors. In the international markets, prices have surged from USD 3,268 per ounce on July 30 to USD 3,534.10 per ounce as of August 8. Th
The price of 22-carat gold also increased by ₹10, with ten grams of the yellow metal selling at ₹94,710
Gold prices climbed by Rs 800 to hit a fresh all-time high of Rs 1,03,420 per 10 grams in the national capital on Friday due to persistent buying by stockists, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity added Rs 3,600 in the preceding session to hit a new closing peak of Rs 1,02,620 per 10 grams. In the national capital, gold of 99.5 per cent purity also jumped by Rs 800 to hit a fresh peak of Rs 1,03,000 per 10 grams (inclusive of all taxes) on Friday, surpassing its earlier lifetime high of Rs 1,02,200 per 10 grams recorded after Thursday's session. In the last five sessions, the yellow metal prices have risen by Rs 5,800 per 10 grams. "Gold prices rise after US imposed a 39 per cent tariff on 1 kg and 100-ounce of gold bars imported from Switzerland, disrupting a key supply route and injecting fresh volatility into the bullion market. "The reclassification of these bars under a taxable category ended their long-standing exemption,
Gold futures in New York which are backed by those forms of bullion surged to a record high, as traders, analysts and executives across the industry were left reeling
Gold faces a strong resistance at $3420 (₹102,300 at INR/USD rate of ₹87.43) as posed by the 4-month-old trendline.
The price of 22-carat gold also increased by ₹10, with ten grams of the yellow metal selling at ₹94,000
The price of 22-carat gold also increased by ₹10, with ten grams of the yellow metal selling at ₹93,710
The price of 22-carat gold also increased by ₹10, with ten grams of the yellow metal selling at ₹92,960
The price of 22-carat gold also decreased by ₹10, with ten grams of the yellow metal selling at ₹92,890
The price of 22-carat gold also decreased by ₹10, with ten grams of the yellow metal selling at ₹91,490
The price of 22-carat gold also decreased by ₹10, with ten grams of the yellow metal selling at ₹91,500