Precious metals witnessed some moderation in price last week. Gold ($3,369/ounce) lost 1.9 per cent and silver ($36/ounce) was down nearly 1 per cent last week. Similarly, in the domestic market, gold futures (₹99,109/10 gm) depreciated 1.2 per cent and silver futures (₹1,06,224/kg) was down 0.3 per cent. Gold ($3,369) The yellow metal was on
Gold prices dropped on Friday (June 20) and were on track for their first weekly decline in three weeks. This development came as stronger dollar and reduced expectations of US interest rate cuts outweighed safe-haven demand from escalating geopolitical tensions. Spot gold fell 0.5% to $3,355.49 an ounce, down 2.2% for the week. US gold
Gold prices continued their upward march on Monday, June 16. They climbed for the fourth straight session to touch the highest level in nearly two months. The rise comes as intensifying clashes between Israel and Iran fuel global anxiety, prompting investors to move towards traditional safe-haven assets. As of 02:46 GMT, spot gold was trading
Gold prices could correct sharply in the next two months, warns Quant Mutual Fund in its June 2025 factsheet. The fund house expects a 12–15% decline in gold prices in dollar terms by August. This comes after a steep rally in recent months, which pushed 24-carat gold to ₹98,500 per 10 grams (excluding 3% GST)
Precious metals slipped last week. Gold ($3,290/ounce) was down 2 per cent whereas silver ($33/ounce) lost 1.5 per cent. Similarly, in the domestic market, gold futures (₹95,875/10 gm) depreciated 1.5 per cent and silver futures (₹97,015/kg) fell 1.1 per cent. MCX-Gold (₹95,875) Gold futures (Aug) drifted lower last week. Nevertheless, it stays above the 21-day
Gold prices in India rose on Friday (May 30), supported by renewed domestic demand as the wedding season gathers pace. After four straight days of decline, this marks the yellow metal’s first uptick for the week. The price of 24-carat gold jumped ₹270 to ₹97,310 per 10 grams, while 22-carat gold rose ₹250 to ₹89,200.
Gold prices steadied on Wednesday (May 28) as global investors bought the dip after a sharp fall, but gains were capped by easing trade tensions between the US and EU. The market is now keenly awaiting the upcoming US Core Personal Consumption Expenditures (PCE) inflation data, a key gauge for future Federal Reserve rate decisions.
Gold is heading for its strongest weekly gain in over a month, buoyed by mounting concerns about the US fiscal outlook. Investors are turning to the metal as a hedge, following the passage of a massive tax and spending bill in the US House and signs of soft demand in bond auctions. These developments have
Gold prices on Thursday (May 15) hit their lowest level in over five weeks, as easing geopolitical tensions and a shift toward riskier assets weakened the appeal of the safe-haven metal. The focus now shifts to upcoming US economic data, which could further influence the Federal Reserve’s monetary policy outlook. As of 0303 GMT, spot
Gold prices slipped on Monday, May 12, as optimism surrounding the US-China trade talks eased market fears, pushing investors away from safe-haven assets like gold toward riskier investments. Spot gold fell 1.4% to $3,277.68 per ounce, while US gold futures lost 1.9%, trading at $3,281.40 per ounce. In India, the price of gold stands at