Markets bounce back after falling in early trade driven by buying in ICICI Bank, HDFC Bank
A view of the Bombay Stock Exchange in Mumbai. File | Photo Credit: Reuters Equity…
Gold loans accounted for 31% of total securitisation volumes, driven by strong portfolio growth among NBFCs and robust investor demand. | Photo Credit: SHAILESH ANDRADE Gold loans emerged as the largest securitised asset class in the April-June quarter of the current fiscal, overtaking vehicle loans in the country’s securitisation market, a report said on Monday….
Gold prices slipped ₹150 to ₹1,50,650 per 10 grams in the national capital on Monday, and silver dropped ₹5,000, as a sluggish global trend and a firm US dollar prompted traders to trim positions in precious metals. The precious metal of 99.9 per cent purity had closed at ₹1,50,800 per 10 grams in the preceding…
Bullion gained more than 2% last week, snapping a four-week losing streak, after softer-than-expected US payrolls data eased worries about persistent inflation and higher interest rates. Gold retreated after touching its highest level in two weeks on Monday as the US dollar edged up from recent lows, though easing bets on Federal Reserve interest rate…
Repeated challenges to the Fed’s independence by the Trump administration helped supercharge bullion’s rally through the latter months of 2025. Gold steadied after posting its first weekly advance since May, supported by reduced expectations that the US Federal Reserve will hike interest rates. Bullion was near $4,190 an ounce, having gained more than 2 per…
Domestic gold prices in the last month fell 6 per cent to ₹146,344 per 10g on July 3, from ₹1,55,581 on June 4. | Photo Credit: Vengadesh R Gold prices have come under pressure over the past month due to weakness in global bullion markets, while expectations of substantial dollar inflows through the RBI’s FCNR(B)…
Last week, precious metals posted gains after declining in the past several weeks. Gold ($4,176/ounce) and silver ($62.40/ounce) appreciated by 2.1 and 5.4 per cent respectively. Similarly, in the domestic market, gold futures (₹1,47,378/10 gm) was up 2.2 per cent and silver futures (₹2,37,410/kg) gained 6.2 per cent. Below is an analysis. MCX-Gold (₹1,47,378) Gold…
Senco Gold Ltd expanded its retail footprint by opening eight showrooms during the April-June quarter, taking its network to 208 outlets, the company said in its business update for the Q1FY’27. The jewellery retailer said it remains on track to add another 12-15 stores over the remaining three quarters of the current financial year. The…
Gold prices are expected to remain range-bound in the second half of 2026, but retain clear upside potential if economic or geopolitical risks worsen, according to the World Gold Council’s Gold Mid-Year Outlook 2026. The report, published in July 2026, said that under current macro conditions, gold may trade +-5 per cent around US $4,100/oz…
The scheme will utilise IFSCA-regulated, IIDI-insured vaults in Gift City | Photo Credit: REUTERS Artha Bharat Investment Managers IFSC LLP has launched what it claims is Gift City’s first physical commodity fund and the first gold fund authorised by the International Financial Services Centres Authority (IFSCA), introducing a new structure that allows investors to redeem…
Yellow gold bars and coins isolated on black background. | Photo Credit: Dmitrii Stoliarevich Central banks bought a net 41 tonnes of gold in May, with Poland, China, Uzbekistan and Kazakhstan making significant purchases in the month. “Central banks were back in buying mode in May – and with a little more spring in their…