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Gold prices fell ₹462 to ₹1.51 lakh per 10 grams in futures trade on Friday, tracking weak global trends amid a stronger US dollar and rising crude oil rates. On the Multi Commodity Exchange, the yellow metal for June delivery declined ₹462, or 0.3 per cent, to ₹1,51,299 per 10 grams in a business turnover…

Silver prices plunged ₹2,577 to ₹2.38 lakh per kilogram in the national capital on Friday, tracking weak trends and subdued demand by investors. On the Multi Commodity Exchange, the white metal for May delivery depreciated by ₹2,577, or 1.07 per cent, to ₹2,38,936 per kg. Analysts said silver prices fell in line with losses in…

See also: | Photo Credit: scanrail Gold prices fell on Friday ​and were on track for a weekly drop, ⁠as elevated oil prices fuelled fears of inflation and higher-for-longer interest rates amid stalled U.S.-Iran peace talks. Spot gold was down 0.7% at $4,661.33 per ounce, as ‌of 0426 GMT. The metal is down 3.5% so…

China and India have primarily ensured that net investments in physically-backed gold exchange-traded funds (ETFs) are positive, though 68 per cent of investors have exited as of April 17, data from the World Gold Council (WGC) showed. China has been the top source of investments in gold ETFs, making up $9.04 billion, followed by India…

Analysts said a sell-off by participants mainly weighed on silver prices. Silver prices on Thursday fell by ₹4,205 to ₹2,44,159 per kilogram as participants reduced their bets. On the Multi Commodity Exchange, silver contracts for the May delivery declined ₹4,205, or 1.69 per cent, to ₹2,44,159 per kg in a business turnover of 1,281 lots….

Gold and silver fell in early Friday trade, with spot gold down 0.23 per cent to $4,721.50 per ounce and silver declining 2.39 per cent to $76.03 per ounce, as a partial easing of US-Iran tensions reduced immediate safe-haven premiums even as crude oil held firm above $90. Gaurav Garg, research analyst at Lemonn Markets,…

Gold fell in choppy trade on Thursday as elevated oil ​prices fuelled fears of inflation and prolonged high ⁠interest rates, while investors looked for clarity on stalled peace talks between the US and Iran. Spot gold was down 0.7% at $4,705.09 per ‌ounce, as of 0215 GMT. US gold futures for June delivery fell 0.6%…

India’s gold demand is expected to remain strong due to its deep cultural and financial relevance, but the way this demand is met will determine its broader economic impact, according to Keyur Shah, CEO of Muthoot Exim. He said organised gold recycling presents a viable solution by converting idle household gold into an active domestic…

A one-kilogram gold bar and a sealed gold coin are displayed at a jewellery store in Dubai. | Photo Credit: Amr Alfiky Gold prices in India saw a decrease in all key cities today, April 22, excepting in Chennai and Hyderabad. The price for 8 grams of 24-carat gold also dropped in all cities compared…

Nilesh Shah, Managing Director, Kotak Mahindra Asset Management Company (file photo) | Photo Credit: SHASHI ASHIWAL Gold worth nearly $700 billion lying idle in Indian households could be a powerful engine to fund the country’s growth, Nilesh Shah said, calling for a stronger push towards monetisation of household gold. In an exclusive interview with ANI,…