Page 22 - Gold
Gold, silver surge Rs 1,300 to record highs in Delhi on strong global cues
Gold and silver prices hit fresh record levels on Monday, rallying Rs 1,300 each, tracking strong trends in the global markets amid uncertainty over US tariffs, trade tensions and growing expectations of monetary policy easing by the Federal Reserve. According to the All India Sarafa Association, the precious metal of 99.9 per cent purity, extending gains for the fourth day in a row, rallying Rs 1,300 to hit a fresh peak of Rs 90,750 per 10 grams. It had closed at Rs 89,450 per 10 grams on Thursday. Gold of 99.5 per cent purity zoomed Rs 1,300 to establish an lifetime high of Rs 90,350 per 10 grams from Thursday's closing level of Rs 89,050 per 10 grams. According to HDFC Securities' Senior Analyst, Commodities, Saumil Gandhi, several factors have contributed to the record-breaking rally in precious metals, including buying by central banks and global economic instability. Further, the demand for safe haven assets increased due to the trade and economic policies of US President Do
 "Gold, silver surge Rs 1,300 to record highs in Delhi on strong global cues")
Trump-driven volatility in market pushes new investors toward gold ETFs
On Friday, gold hit its latest record, at $3,004.86 an ounce, a gain of 14 per cent since the start of 2025, following 27 per cent growth in 2024
Gold pops above $3,000 per oz for first time in historic safe-haven rally
Spot gold rose 0.1% to $2,991.00 an ounce at 9:42 am ET (1342 GMT) after hitting an all-time high of $3,004.86
 "Gold pops above $3,000 per oz for first time in historic safe-haven rally")
Gold discounts in India hit 8-month high as record prices dampen demand
Indian dealers this week offered a discount of up to $39 an ounce over official domestic prices, including 6 per cent import and 3 per cent sales levies, up from a discount of $10 to $21 last week
 "Gold discounts in India hit 8-month high as record prices dampen demand")
Gold price climbs Rs 10 to Rs 88,590, silver rises Rs 100 to Rs 1,01,100
The price of 22-carat gold rose Rs 10, with ten grams of the yellow metal selling at Rs 81,210
 "Gold price climbs Rs 10 to Rs 88,590, silver rises Rs 100 to Rs 1,01,100")
Gold price climbs Rs 10 to Rs 87,990, silver rises Rs 100 to Rs 1,00,100
The price of 22-carat gold rose Rs 10, with ten grams of the yellow metal selling at Rs 80,660
 "Gold price climbs Rs 10 to Rs 87,990, silver rises Rs 100 to Rs 1,00,100")
Gold price climbs Rs 10 to Rs 87,990, silver rises Rs 100 to Rs 1,00,100
The price of 22-carat gold rose Rs 10, with ten grams of the yellow metal selling at Rs 80,660
Gold price dips Rs 10 to Rs 87,480, silver falls Rs 100 to Rs 97,900
The price of 22-carat gold fell Rs 10, with ten grams of the yellow metal selling at Rs 80,190Gold price today, Gold price, silver price, gold, silver, Chennai, Delhi, Bengaluru, Kolkata, Mumbai, Hyde
 "Gold price dips Rs 10 to Rs 87,480, silver falls Rs 100 to Rs 97,900")
Gold price falls Rs 10 to Rs 87,150, silver rises Rs 100 to Rs 99,200
The price of 22-carat gold fell Rs 10, with ten grams of the yellow metal selling at Rs 79,890
 "Gold price falls Rs 10 to Rs 87,150, silver rises Rs 100 to Rs 99,200")
Gold price falls Rs 10 to Rs 87,480, silver climbs Rs 100 to Rs 99,100
The price of 22-carat gold fell by Rs 10, with ten grams of the yellow metal selling at Rs 80,190
 "Gold price falls Rs 10 to Rs 87,480, silver climbs Rs 100 to Rs 99,100")
Gold price up Rs 10 at Rs 87,990, silver falls Rs 100 to Rs 97,900 per kg
The price of 22-carat gold rose by Rs 10, with ten grams of the yellow metal selling at Rs 80,660
 "Gold price up Rs 10 at Rs 87,990, silver falls Rs 100 to Rs 97,900 per kg")
Gold prices to trade with bullish bias till trade war recedes: Analyst
Gold rate today: Buy Gold on dips. Gold support is at $2900 (MCX April gold contract Rs 85,600)/ $2868 (Rs 84,700)
 "Gold prices to trade with bullish bias till trade war recedes: Analyst")
Gold price climbs Rs 10 to Rs 87,390, silver falls Rs 100 to Rs 96,800
The price of 22-carat gold rose by Rs 10, with ten grams of the yellow metal selling at Rs 80,110
Gold price dips Rs 10 to Rs 86,610, silver falls Rs 100 to Rs 96,900
The price of 22-carat gold also declined by Rs 10, with ten grams of the yellow metal selling at Rs 79,390
Relevance of gold as asset class to rise in coming years: CEA Nageswaran
Gold will remain relevant for investors as a portfolio diversification mechanism with a "likely ascending importance" as an asset class in the coming years, Chief Economic Advisor V Anantha Nageswaran said on Monday. Speaking at the IGPC-IIMA annual gold and gold markets conference 2025, he said that gold will remain relevant not only as a store of value, as an ornament for cultural and religious purposes, but also as an important portfolio diversification mechanism "until such a time the world is able to arrive at an international monetary system from the current international monetary non-system". "That day of reckoning is very difficult for any one of us to prophecy at this stage," Nageswaran said. The value of gold has increased by over USD 200 per ounce or 8 per cent in the last three months to USD 2,860 per ounce. At the same time, the indian stock markets have fallen over 8 per cent over the last three months. Since 2002, the value of the precious yellow metal is up 10 times
 "Relevance of gold as asset class to rise in coming years: CEA Nageswaran")
Gold loan offtake stays strong amid retail loan moderation in January
Industrial credit depicts mild uptick; agri, services moderate
 "Gold loan offtake stays strong amid retail loan moderation in January")
Indian trade group asks govt to partly shift gold, silver imports to US
Gem and Jewellery Export Promotion Council says step will balance trade deficit with the US
 "Indian trade group asks govt to partly shift gold, silver imports to US")
Gold price dips Rs 10 to Rs 87,740, silver falls Rs 100 to Rs 1,00,300
The price of 22-carat gold declined Rs 10, with ten grams of the yellow metal selling at Rs 80,240
ED conducts searches in Mohali in connection with Canada's gold heist case
The Enforcement Directorate on Friday searched the Mohali premises of a man who is an alleged suspect in Canada's biggest-ever gold heist of more than USD 20 million, official sources said. The sources identified the man as Simran Preet Panesar, who is in his thirties. The man could not be contacted for his response on the allegations. The federal probe agency has recently filed a criminal case under the Prevention of Money Laundering Act (PMLA) to investigate the said loot from Canada's Pearson International Airport in April, 2023. The premises of Panesar in Punjab's Mohali is being searched and the ED investigators will question him, the sources said. The ED had booked a case suo moto, without a request from Canada, as the PMLA allows for such an investigation into in an instance of cross-border ramification where an Indian national is suspected to be involved. The agency wants to probe if the "proceeds of crime" of this alleged heist travelled to India and if there were any ..
Asian shares get China boost, gold heads for eighth straight weekly gain
Chinese stocks have been on a tear in recent days, driven by DeepSeek's AI breakthrough
 "Asian shares get China boost, gold heads for eighth straight weekly gain")