The price of 22-carat gold climbed by ₹10, with ten grams of the yellow metal selling at ₹93,560
The price of 22-carat gold also declined by ₹10, with ten grams of the yellow metal selling at ₹93,040
The price of 22-carat gold also declined by ₹10, with ten grams of the yellow metal selling at ₹93,140
Gold prices are likely to remain in a consolidation phase in the near term, but the overall bias will continue to stay positive amid heightened expectations of a US Federal Reserve rate cut in its September policy meeting, analysts said. Traders will closely track US macroeconomic data, such as Q2 GDP, PCE inflation, and speeches from Fed officials, which will provide more insights into the monetary policy stance of the Federal Reserve and the trajectory of the bullion sentiment, they added. "Gold prices may continue to see some consolidation, but the bias is expected to remain positive. The US Federal Chair Jerome Powell's comments have raised expectations of an interest rate cut at the September meeting," said Pranav Mer, Vice President, EBG - Commodity & Currency Research, JM Financial Services. Investors will keep track of geopolitical and trade developments, he added. "Markets will watch closely the Russia-Ukraine peace progress and the implementation of additional tariffs on
The price of 22-carat gold also increased by ₹10, with ten grams of the yellow metal selling at ₹92,140
Gold prices fell Rs 250 to Rs 1,00,370 per 10 grams in the national capital on Friday amid a weak global trend, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity had closed at Rs 1,00,620 per 10 grams on Thursday. In the national capital, gold of 99.5 per cent purity slipped Rs 150 to Rs 1,00,050 per 10 grams (inclusive of all taxes) on Friday. It had settled at Rs 1,00,200 per 10 grams in the preceding session. However, silver prices rallied by Rs 1,000 to Rs 1,15,000 per kilogram (inclusive of all taxes) on Friday. The white metal had ended at Rs 1,14,000 per kg on Thursday, according to the Association. On the global front, spot gold was trading 0.25 per cent lower at USD 3,330.48 per ounce in New York. Spot silver also went down by 0.48 per cent to trade at USD 37.96 per ounce. "Gold and silver prices are staying within a narrow range as traders await significant movements in anticipation of US Federal Reserve Chair Jerome Powell's spee
The price of 22-carat gold also increased by ₹10, with ten grams of the yellow metal selling at ₹92,310
Gold prices could climb to USD 3,600 per ounce in the global markets by the end of December, driven by global economic headwinds, geopolitical risks and robust investment demand, according to the Ventura Securities. In its latest outlook, Ventura Securities said it expects Comex gold futures to touch USD 3,600 per ounce by year-end, after hitting an all-time high of USD 3,534.10 on August 7. On the domestic front, the most-traded October gold futures scaled a record high of Rs 1,02,250 per 10 grams on the Multi Commodity Exchange on August 8. "Gold retains upside potential with pronounced volatility, supported by weaker US growth, sustained pressure on the US dollar index, trade frictions and heightened geopolitical risks," the stock broking firm said. Global demand trends continue to underpin the rally. Gold demand in the second quarter of 2025 rose 3 per cent year-on-year to 1,249 tonnes, valued at USD 132 billion, reflecting a 45 per cent surge in value terms. Investment inflow
The price of 22-carat gold also declined by ₹10, with ten grams of the yellow metal selling at ₹91,790
Angel One Gold ETF will be listed on NSE, offering liquidity and ease of trading, and will hold 99.5 per cent pure gold
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