According to the report, gold fell 14.5% in March — the first month of the conflict — while global equities and US Treasury indices also declined, though by smaller margins. Gold’s traditional reputation as a safe-haven asset is facing fresh scrutiny after prices declined during the ongoing Iran conflict, according to a report by Morgan…
Gold rose for a third straight session on Thursday, supported by a softer dollar as hopes grew for a potential peace deal between the United States and Iran. Spot gold was up 0.3 per cent at $4,701.19 per ounce, as of 0231 GMT, after rising about 3 per cent on Wednesday to hit its highest…
Gold prices jumped by ₹3,224 to ₹1,50,860 per 10 g against ₹147,636 on Tuesday on hopes of an early end to the ongoing West Asia war. Silver prices jumped ₹8,602 to ₹2,49,067 a kg from the previous close of ₹2,40,465 on expectation of higher demand. The sharp recovery in bullion prices followed prospects of a…
Gold prices climbed more than 2% on Wednesday after U.S. President Donald Trump indicated a possible peace deal may be reached with Iran, sending the dollar and crude lower as inflation concerns ebbed somewhat. Spot gold jumped 2.7% to $4,680.91 per ounce, as of 0811 GMT, having hit its highest since April 28. U.S. gold…
For the first time in 10 months, central banks turned net sellers of gold in March, data from the World Gold Council (WGC) showed. Led by Turkey and Russia, central banks sold a net of nearly 30 tonnes of gold, offsetting purchases by other banks worldwide, according to Marissa Salim, Senior Research Lead, Asia Pacific…
Gold prices rose 2% on Wednesday, buoyed by a weaker dollar, while softer oil prices eased fears of inflation and higher-for-longer interest rates, amid hopes of a U.S.-Iran peace deal. Spot gold was up 2% at $4,647.09 per ounce, as of 0415 GMT. U.S. gold futures for June delivery rose 2% to $4,658. U.S. President…
Gold prices edged higher on Tuesday from a five-week low hit in the previous session, although gains were limited as elevated crude oil prices kept inflation fears alive and clouded the US interest rate outlook. Spot gold rose 0.3 per cent to $4,533.40 per ounce by 0417 GMT, after a more than 2 per cent…
National Stock Exchange of India (NSE) announced the launch of Electronic Gold Receipts (EGRs), a new segment aimed at bringing greater transparency, efficiency and formalisation to India’s gold market, according to an official statement. The NSE stated that the launch, effective from May 4, 2026, is expected to bridge the gap between physical gold and…
Gold prices fell by nearly 1 per cent to ₹1.50 lakh per 10 grams in futures trade on Monday, tracking weak global trends amid a firm US dollar and elevated crude oil rates. On the Multi Commodity Exchange (MCX), the yellow metal for June delivery declined ₹1,149, or 0.76 per cent, to ₹1,50,203 per 10…
Gold prices continued their downward trend on Monday, hovering near one-month lows as a stronger US dollar and elevated crude oil prices weighed on sentiment, even as geopolitical uncertainty surrounding the Strait of Hormuz prevented a sharper selloff. MCX Gold is currently trading near ₹1,51,000 per 10 grams, pulling back from a recent multi-week high…
