Gold prices dipped on Thursday, pressured by a firm dollar as investors geared up for a key jobs report later this week that could provide more hints on US monetary policy moves and while they assess the US pressure on Venezuela. Spot gold lost 0.3 per cent to $4,440.67 per ounce as of 0344 GMT,…
Gold soared over $4,500 an ounce, and silver hit $80 per ounce late on Tuesday in the global market before paring gains on profit-booking by investors by mid-day on Wednesday. The precious metals complex has gained significantly this week after the US administration’s military intervention in Venezuela to topple Nicolas Maduro. In view of the…
India’s household gold stockpile of about 25,000 tonnes has emerged as a critical macroeconomic buffer, supporting currency stability, financial resilience and consumption, according to IIFL Capital’s Outlook 2026 | Photo Credit: istock.com India’s household gold stockpile, which is estimated at around 25,000 tonnes, has quietly emerged as one of the country’s most important macroeconomic shock…
Venezuela exported gold worth nearly 4.14 billion Swiss francs ($5.2 billion) to Switzerland between 2013 and 2016 during the early years of former president Nicolas Maduro, according to customs data reviewed by Reuters. | Photo Credit: iStockphoto Venezuela transported gold worth almost 4.14 billion Swiss francs ($5.20 billion) to Switzerland during the early years of…
Gold coins saw nearly double the sales, while studded jewellery delivered its best performance of the year. Jewellery and watch maker Titan Co Ltd on Tuesday reported a whopping 40 per cent annual growth in its standalone revenue during the December quarter of FY26, aided by surging gold prices. According to the latest quarterly updates,…
After one of its strongest rallies in decades, gold prices may finally be due for a breather in 2026, however, analysts say the long-term bull case remains firmly intact, ICICI Direct Yearly Commodity Outlook said on Tuesday. Analysts at ICICI Direct expect further US Federal Reserve rate cuts in 2026, and persistent concerns over rising…
Gold and silver prices are likely to witness sharp swings next week as traders weigh key economic data and brace for heightened geopolitical uncertainty after US forces captured Venezuelan President Nicolas Maduro, analysts said. Investors will focus on key US data points, including ISM Manufacturing, December ADP employment numbers, and the unemployment rate, along with…
Gold ($4,332/ounce) lost 4.4 per cent and silver ($72.8/ounce) was down 8.2 per cent last week. In the local market, gold futures (₹1,35,761/10 gm) slipped 2.9 per cent and silver futures (₹2,36,316/kg) lost 1.4 per cent. MCX-Gold (₹1,35,761) Gold futures (February) saw a sharp drop in price last Monday. In the following sessions though, it…
Gold and silver steadied at the beginning of the year after their best annual performances since 1979 as traders assessed the reweighting of a benchmark commodity index that starts next week. Bullion gained as much as 1.9 per cent on Friday before paring most gains during US hours. Silver eased after earlier climbing as much…
Silver is influencing both the pace of the green transition and the flow of long-term capital in ways that are already playing out across current projects. As green technologies move from pilots to large-scale rollout, the materials enabling them become increasingly critical. Silver now plays a central role in how solar, electric mobility and digital…
