Spot gold has declined more than 10% since the US-Israeli war on Iran began on February 28, as higher energy prices fuelled inflation concerns and prompted markets to reassess interest rate expectations. Gold prices held steady on Thursday as market players remained cautious about the direction of US-Iran ceasefire talks, with a key US inflation…
MMTC-PAMP, a London Bullion Market Association (LBMA) Good Delivery gold and silver refiner, has launched an organised buyback offering for silver coins, bars and jewellery. MMTC-PAMP plans to offer this service at select retail stores across India. MMTC-PAMP, which operates 17 stores for the recycling of gold in India, aims to extend its buyback offering…
Gold prices climbed to a near three-week high on Wednesday as markets reassessed near-term risks after U.S. President Donald Trump agreed to suspend bombing and attacks on Iran for two weeks, easing fears of energy-driven inflation. Spot gold was up 2.3% at $4,812.49 per ounce, as of 0215 GMT. Earlier in the session, bullion rose…
Gold prices declined by ₹610 to ₹1.49 lakh per 10 grams in futures trade on Tuesday as surging crude oil rates and escalating tensions in West Asia dampened the demand for the safe-haven asset and kept investors cautious. On the Multi Commodity Exchange, the yellow metal for June delivery depreciated by ₹610, or 0.41 per…
Comex gold edged higher to around $4,700 per ounce on Tuesday, gaining roughly $20 in the session, while MCX gold climbed approximately ₹1,200 to trade near ₹1,51,000 — buoyed by tentative signals of US-Iran diplomatic engagement and a modest pullback in crude oil prices. However, analysts caution that the bounce reflects short covering rather than…
Tanishq is sharpening its focus on affordability and product innovation ahead of Akshaya Tritiya, as volatile gold prices continue to shape consumer behaviour, said CEO Arun Narayan. After an unprecedented surge in gold prices over the past year, the jewellery retailer is continuing to see shifting buying patterns, with customers advancing purchases amid concerns of…
Gold prices rose over 1 per cent to ₹1.51 lakh per 10 grams in futures trade on Monday amid escalating geopolitical tensions in West Asia. On the Multi Commodity Exchange, the yellow metal for June delivery climbed ₹1,621, or 1.08 per cent, to ₹1,51,301 per 10 grams, from Thursday’s closing level of ₹1,49,680 per 10…
Gold prices rose over 1 per cent to ₹1.51 lakh per 10 grams in futures trade on Monday amid escalating geopolitical tensions in West Asia. On the Multi Commodity Exchange, the yellow metal for June delivery climbed ₹1,621, or 1.08 per cent, to ₹1,51,301 per 10 grams, from Thursday’s closing level of ₹1,49,680 per 10…
Silver prices jumped ₹2,273 to ₹2.34 lakh per kilogram in futures trade on Monday, tracking firm global trends amid geopolitical tensions in West Asia. On the Multi Commodity Exchange, the white metal for May delivery appreciated by ₹2,273, or 1 per cent, to ₹2,34,768 per kg. Analysts said the gains in silver prices came as…
See also: | Photo Credit: scanrail Gold prices fell on Monday, pressured by a stronger dollar as elevated oil prices on the back of a protracted Iran war and stronger-than-expected US jobs data dampened hopes for interest rate cuts by the Federal Reserve. Spot gold slipped 0.5% to $4,652.89 per ounce by 0452 GMT, while…
