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 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
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)
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 surged on Monday (May 19), recovering sharply after last week’s steep decline. On the Multi Commodity Exchange (MCX), gold for June delivery jumped ₹918 or 0.99% to ₹93,260 per 10 grams. The uptrend was driven by fresh buying and firm spot demand. Globally, gold futures rose 0.80% to $3,229.30 per ounce on COMEX,
Gold prices fell on Friday, May 16, and are set for their worst weekly performance since November 2024. The precious metal lost its shine as the US dollar strengthened and global trade tensions eased. Spot gold dropped 0.8% to $3,213.56 per ounce as of 0429 GMT. For the week, it is down 3.3%. US gold