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 in India have soared to record levels, surpassing ₹1 lakh per 10 grams with a 28% rise in just one year. This surge is driven by escalating geopolitical tensions in the Middle East, inflation worries, and central bank purchases but these very factors also make this a risky time to buy. Search trends,
Gold prices saw a mild rebound on Tuesday, June 17, as rising geopolitical tensions and investor caution ahead of the US Federal Reserve’s policy meeting lifted safe-haven demand. As of 0418 GMT, spot gold rose 0.2% to $3,388.57 an ounce, recovering some ground after a more than 1% drop on Monday (June 16). 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
Investing.com — The rally in precious metals is no longer just about gold, as “silver and platinum close the gap to gold prices,” according to Bank of America (NYSE:BAC). The market for precious metals is broadening, the bank said in a note Friday. While gold hit an all-time high of $3,500/oz earlier this year, other
Gold has always been the treasure, both figuratively and literally, when it comes to investment. However, when the economy feels uncertain, it gets even more appealing to put your money into something that seems to withstand the test of time, like precious metals and gold futures. When demand is high, its price is high, too,
Shares of Manappuram Finance Ltd and Muthoot Finance Ltd have climbed up to 52 per cent in the past six months and ICICI Securities believes the prevailing valuations are factoring in continuity in the ongoing positive cycle for gold loan NBFCs. The domestic brokerage has downgraded Manappuram Finance to ‘Hold’ from ‘Buy’ with an unchanged
Gold prices in India slipped on Monday (June 9), mirroring a global decline driven by easing fears around US-China trade tensions and strong US economic data. In India, 24-karat gold was priced at ₹97,690 per 10 grams, while 22-karat gold stood at ₹89,550. The price of 18-karat gold was ₹73,270 an ounce, according to GoodReturns
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)
arthon meekodong / Getty Images/iStockphoto Gold prices have already surged an impressive 25.65% since the beginning of 2025, reaching record highs above $3,500 per ounce, per GoldPrice.org. Recent market volatility saw gold experience its biggest one-day drop in nearly four years, falling 3.7% to settle at $3,294.10. Explore Next: 12 Best Safe Investments To Grow