Gold edged lower on Friday, pressured by a stronger US dollar and as elevated oil prices have raised expectations for interest rate hikes by the US Federal Reserve. Spot gold was down 0.3% at $4,527.60 per ounce, as of 0411 GMT. The metal has shed about 0.2% so far in the week. US gold futures…
Gold and silver prices extended gains on Thursday as hopes of a US-Iran peace agreement and a weaker US dollar boosted investor demand for precious metals | Photo Credit: Inok Gold and silver prices rose on Thursday, extending Wednesday’s recovery, as optimism around a potential US-Iran peace agreement and a retreat in the US dollar…
The report highlighted that growth in the retail credit market is increasingly shifting toward secured lending, led by gold loans and supported by stable housing finance. India’s retail lending market continued to expand in Q4 FY26, though growth moderated sequentially to 4.6 per cent quarter-on-quarter, with gold loans emerging as the biggest driver as lenders…
Gold prices eased on Wednesday to their lowest point in 1-1/2 months, as high Treasury yields and a firm dollar outweighed optimism over a potential U.S.-Iran peace agreement. Spot gold was down 0.2% at $4,472.09 per ounce, as of 0615 GMT, having touched its weakest level since March 30. U.S. gold futures for June delivery…
Gold prices nudged lower on Wednesday, as rising Treasury yields and a firm dollar outweighed optimism over a potential U.S.-Iran peace agreement. Spot gold was down 0.3% at $4,467.59 per ounce, as of 0233 GMT. In the previous session, bullion hit its lowest level since March 30. US gold futures for June delivery lost 0.9%…
Leading jewellers are preparing to align with Prime Minister Narendra Modi’s push to curb gold imports by encouraging customers to exchange old jewellery for new designs instead of making fresh purchases. The surge in gold prices has already accelerated the trend, with many consumers opting to trade in old ornaments to offset the cost of…
EGRs will bring gold buying into the financial market arena while creating a highly regulated and standardised ecosystem | Photo Credit: Getty Images/iStockphoto The Wealth Company, part of the Pantomath Group, has become the first ssset management company to confirm its participation in the Electronic Gold Receipts (EGR) segment launched by NSE. EGRs are exchange-traded…
Gold prices on Tuesday rose by ₹439 to ₹1,59,840 per 10 grams in futures trade as speculators created fresh positions on a firm spot demand. On the Multi Commodity Exchange, gold contracts for June delivery traded higher by ₹439, or 0.28 per cent, at ₹1,59,840 per 10 grams in a business turnover of 1,076 lots….
Silver prices on Tuesday fell by ₹2,411 to ₹2,74,240 per kilogram as participants reduced their bets. On the Multi Commodity Exchange, silver contracts for the July delivery declined by ₹2,411, or 0.87 per cent, to ₹2,74,240 per kg in a business turnover of 2,268 lots. Analysts said a sell-off by participants mainly weighed on silver…
Annual demand from bars and coins has risen from 161 tonnes in 2016 to 280 tonnes in 2025. At a time when attention is focused on India’s gold purchases, data show demand for the precious metal in the form of bars and coins has risen sharply in recent years, exceeding the demand from gold exchange…
