Gold steady as investors await clarity on US-Iran talks
Gold prices were largely steady on Tuesday after dropping to a one-week low in the…
Titan Q1 FY27 income rises 40% as jewellery business and international operations drive growth
Jewellery revenue climbed 36 per cent to ₹18,867 crore, with brands including Tanishq, Mia, Zoya, beYon and CaratLane delivering strong performance. | Photo Credit: FRANCIS MASCARENHAS Retail major Titan Company posted a 40% year-on-year (y-o-y) growth in total income to ₹20,212 crore in Q1 FY27, led by a 36% increase in its jewellery business to…
Investments in gold ETFs continue to be net positive for 2nd week in a row
Gold, which has gained nearly $200 this week, was ruling around $4,000 an ounce in the second half of July. This encouraged investors to return to ETFs, as they found value. | Photo Credit: istock.com Investments in physically backed gold exchange-traded funds (ETFs) continued to be positive for the second week in a row last…
Gold futures rise to Rs 1.50 lakh/10 gm on spot demand
On the Multi Commodity Exchange, gold contracts for October delivery traded higher by ₹1,272, or 0.85 per cent, at ₹1,50,130 per 10 gram. | Photo Credit: iStockphoto Gold prices on Friday rose ₹1,272 to ₹1.50 lakh per 10 grams in futures trade as speculators created fresh positions on a firm spot demand. On the Multi…
Why Gold prices are holding above $4,200 this week?
Gold prices held firm above $4,200 per ounce on Friday, headed for their strongest weekly performance since January, as optimism over a potential diplomatic resolution in the West Asia and cooling US rate-hike expectations continued to support precious metals ahead of a closely watched jobs report. Spot gold traded at $4,262.39 per ounce, up 0.60…
Gold heads for biggest weekly gain since January ahead of US jobs data
U.S. gold futures gained 0.3% to $4,312.00. | Photo Credit: istock.com Gold prices firmed on Friday and were en route to their biggest weekly gain since January, helped by weaker oil prices, while investors awaited key U.S. nonfarm payrolls data for clues on the interest rate outlook. Spot gold was up 0.4% at $4,254.11 per…
Gold Rate Today August 6: Check latest Gold prices in Mumbai, Ahmedabad, Chennai Delhi, Bengaluru, Hyderabad, Kolkata & Other Cities
Gold prices up in India | Photo Credit: K K Mustafah Gold prices in India rose today across all cities. The price for 8 grams of 24-carat gold also increased in all cities compared to yesterday. Below is a detailed breakdown of gold prices in key cities. Gold rates in India: Gold prices in India…
Gold touches seven-week high on Strait of Hormuz reopening hopes
U.S. gold futures rose 0.9% to $4,345.80. A sustained break above the 200-day moving average could pave the way for a stronger recovery toward the $5,000 mark | Photo Credit: istock.com Highlights * Spot gold posts biggest daily gain since February on Wednesday * Proposed Hormuz deal would give Iran control of inbound traffic *…
Gold Rate Today August 5: Check latest Gold prices in Mumbai, Ahmedabad, Chennai Delhi, Bengaluru, Hyderabad, Kolkata & Other Cities
Gold prices down in India | Photo Credit: K K Mustafah Gold prices in India fell today across all cities. The price for 8 grams of 24-carat gold also decreased in all cities compared to yesterday. Below is a detailed breakdown of gold prices in key cities. Gold rates in India: Gold prices in India…
Central banks made the highest purchase of gold in June, says World Gold Council
3D illustration of a gold bars. | Photo Credit: Stiggdriver Central banks across the world continued buying gold for the third consecutive month in June, data from the World Gold Council (WGC) showed. It was the highest purchase by them this year. “Central banks bought 51 tonnes of gold in June, with Poland and China…
Gold extends gains on lower oil and softer dollar, markets await US jobs data
Gold rose for a third straight session on Wednesday, helped by a softer dollar and lower oil prices, while investors awaited U.S. jobs data for clues on the interest-rate outlook. Spot gold was up 1.3 per cent at $4,127.04 per ounce, as of 0253 GMT. U.S. gold futures rose 0.8 per cent to $4,184.40. The…
