Gold trading strategy: In the near-term, safe haven demand is somewhat subdued due to US-China trade truce extension and hopes from the upcoming US-Russia meeting in Alaska.
Gold faces a strong resistance at $3420 (₹102,300 at INR/USD rate of ₹87.43) as posed by the 4-month-old trendline.
President Trump said that US tariffs on semiconductor and pharmaceutical imports would be announced within the next week or so. Tariffs of pharmaceuticals could be as high as 250 per cent.
In their bear-case scenario, WGC sees gold prices dip 12 - 17 per cent in H2-CY25 finishing 2025 with positive but low double-digit (or even single-digit) return
This week, Indian dealers were offering a discount of up to $31 an ounce over official domestic prices, inclusive of 6 per cent import and 3 per cent sales levies
Only authorised importers can now bring gold or silver under India-UAE CEPA; new codes introduced to curb gold misdeclared as platinum to avoid higher duties
Consumers are favouring chains over independent jewellers, shopping frequently, and spending more on gifts, Kalyan Jewellers' Executive Director Ramesh Kalyanaraman said in an interview
The price of 22-carat gold climbed ₹10, with ten grams of the yellow metal selling at ₹88,790
The metal may test $3372-$3400 resistance zone. Upside is likely to be capped at $3400 in the short-term
In early 1980, investors, according to Capitalmind, were inspired by the stellar returns of the 1970s. If they invested in gold back then, they would have faced two decades of negative returns.
The price of 22-carat gold rose ₹10, with ten grams of the yellow metal selling at ₹92,910
The price of 22-carat gold declined ₹10, with ten grams of the yellow metal selling at ₹89,440
The price of 22-carat gold rose ₹10, with ten grams of the yellow metal selling at ₹88,160
The price of 22-carat gold rose ₹10, with ten grams of the yellow metal selling at ₹82,910
The price of 22-carat gold fell Rs 10, with ten grams of the yellow metal selling at Rs 82,140
As per disclosure made by Senco Gold to stock exchange, reveals that the promoters have bought 241,400 equity shares representing 0.15 per cent holding in the company via open market.
In past one month, the stock price of Senco Gold has slipped 36 per cent after the company had reported a weak operational performance in the December 2024 quarter.
The price of 22-carat gold rose Rs 10, with ten grams of the yellow metal selling at Rs 80,510
Trump last week threatened China with an extra 10 per cent duty, set to take effect on Tuesday, resulting in a cumulative 20 per cent tariff
India's gold imports are set to tumble 85 per cent in February from year ago levels to their lowest in 20 years