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Gold prices climbed ​more than 2% on Wednesday after U.S. President ⁠Donald Trump indicated a possible peace deal may be reached with Iran, sending the dollar and crude lower as inflation concerns ebbed somewhat. Spot gold ‌jumped 2.7% to $4,680.91 per ounce, as of 0811 GMT, having hit its highest since April 28. U.S. ‌gold…

For the first time in 10 months, central banks turned net sellers of gold in March, data from the World Gold Council (WGC) showed. Led by Turkey and Russia, central banks sold a net of nearly 30 tonnes of gold, offsetting purchases by other banks worldwide, according to Marissa Salim, Senior Research Lead, Asia Pacific…

Gold ​prices rose 2% on Wednesday, buoyed by a ⁠weaker dollar, while softer oil prices eased fears of inflation and higher-for-longer interest rates, amid hopes of a U.S.-Iran peace deal. Spot gold ‌was up 2% at $4,647.09 per ounce, as of 0415 GMT. U.S. gold futures for June delivery ‌rose 2% to $4,658. U.S. President…

Gold ​prices edged higher on Tuesday from a five-week ⁠low hit in the previous session, although gains were limited as elevated crude oil prices kept inflation fears alive and clouded the US ‌interest rate outlook. Spot gold rose 0.3 per cent to $4,533.40 per ounce by 0417 GMT, after a more than ‌2 per cent…

National Stock Exchange of India (NSE) announced the launch of Electronic Gold Receipts (EGRs), a new segment aimed at bringing greater transparency, efficiency and formalisation to India’s gold market, according to an official statement. The NSE stated that the launch, effective from May 4, 2026, is expected to bridge the gap between physical gold and…

Gold prices fell by nearly 1 per cent to ₹1.50 lakh per 10 grams in futures trade on Monday, tracking weak global trends amid a firm US dollar and elevated crude oil rates. On the Multi Commodity Exchange (MCX), the yellow metal for June delivery declined ₹1,149, or 0.76 per cent, to ₹1,50,203 per 10…

Gold prices continued their downward trend on Monday, hovering near one-month lows as a stronger US dollar and elevated crude oil prices weighed on sentiment, even as geopolitical uncertainty surrounding the Strait of Hormuz prevented a sharper selloff. MCX Gold is currently trading near ₹1,51,000 per 10 grams, pulling back from a recent multi-week high…

Precious metal prices are expected to witness mixed movement next week as investors track developments in the US-Iran conflict, string of global economic data releases, and domestic political cues, analysts said. Traders will closely monitor PMI readings from major economies early in the week, followed by US labour market indicators and non-farm payroll data later…

Even weddings and festive occasions, traditionally strong triggers, are seeing more tactical behaviour. | Photo Credit: ALLEN EGENUSE J India’s jewellery buyers are beginning to look less like impulse shoppers and more like market watchers. In an era where window shopping has gone digital, consumers are browsing far more than they are buying, tracking gold…

Gold prices were largely steady ⁠in thin trading on Friday, but were headed for a weekly decline, pressured by higher oil prices that have stoked inflation concerns and reinforced expectations of ‌higher-for-longer interest rates. Spot gold eased 0.1 per cent to $4,614.98 per ounce as of 0436 GMT, and was on track for a ‌weekly…