The yellow metal reached an all-time high of Rs 82,400 per 10 grams on October 30.
Market Outlook 2025: For an investor with moderate risk appetite, they say an ideal portfolio for 2025 would mean investing 50% of his/her corpus in large-caps, followed by 35% in gold and 15% in debt
While bullion has ticked lower since Donald Trump's sweeping victory in November's US presidential election, its gains over 2024 still outstrip most other commodities
The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata, Chennai, and Hyderabad at Rs 78,010
The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata, Chennai, and Hyderabad at Rs 77,740
The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata, Chennai, and Hyderabad at Rs 77,460
A buy-on-dips strategy is recommended for investors, with gold targets set around Rs 81,000 domestically.
The price of 22-carat gold also declined by Rs 10, with ten grams of the yellow metal selling at Rs 70,990
The Fed cut rates by 25 basis points on Dec. 18, although the central bank's predictions of fewer rate cuts in 2025 resulted in a decline in gold prices to their lowest level since Nov. 18 last week
The price of 22-carat gold also jumped Rs 10, with ten grams of the yellow metal selling at Rs 71,000
52 kg of gold and Rs 9.86 crore in cash were found in an abandoned SUV near a Bhopal forest, raising suspicions of links to ongoing raids on real estate businesses
Gold price today: Bears eye $2537 (Rs 74,000), the cycle-low made on November 14, for Gold. Resistance is at $2630 (Rs 76,700)
Gold prices in the world's second biggest buyer of the precious metal have surged 22% so far this year, after rising 15% in 2023
Markets are pricing in a 95.4% chance of a 25 basis points cut in this meeting, expected to be announced at 2 p.m. EST (1900 GMT), according to CME's FedWatch tool
Gold price today: Spot gold is likely to consolidate ahead of the US FOMC monetary policy decision due tonight
The price of 22-carat gold also stumbled Rs 10, with ten grams of the yellow metal selling at Rs 72,290
Gold price today: The World Gold Council, in a report released on December 12, stated that after a record-breaking year of 2024, the metal is expected to rise at a slower pace in 2025
Price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata, Chennai, and Hyderabad at Rs 79,460
The price of 22-carat gold also jumped Rs 10, with ten grams of the yellow metal selling at Rs 72,860
Gold and silver are maintaining their appeal as safe-haven investments as the market navigates a mix of economic and geopolitical challenges