Bullion, a classic refuge in times of geopolitical and economic unease, has surged more than 70 per cent this year, riding a potent mix of geopolitical risks, rate-cut bets, central bank buying, de-dollarisation and renewed exchange-traded fund inflows. | Photo Credit: istock.com Gold soared to a record high on Tuesday, coming within a whisker of…
Gold and silver soared to new highs on Monday, while platinum headed towards its record high of $2,200 an ounce as the precious metals complex dazzled. Even palladium has joined the rally as investors frantically looked at haven purchases on fears of two more rate cuts by the US Fed, traders said. Gold topped $4,400…
Representative image | Photo Credit: REUTERS Gold and critical minerals exploration and mining firm Deccan Gold Mines Ltd on Monday announced the commencement of initial trials ahead of the commissioning of its gold mining project in Kyrgyzstan. The breakthrough paves the way for full-scale gold production. In the pre-commissioning phase, the company is likely to…
Gold and silver prices surged to hit fresh lifetime highs in both domestic and international markets on Monday, driven by a weak US dollar and growing expectations of rate cuts by the US Federal Reserve. On the Multi Commodity Exchange (MCX), gold futures for February delivery climbed ₹1,628, or 1.21 per cent, to a new…
For centuries, diamonds have carried a mystique born of geology and human aspiration, formed under Earth’s immense pressure and polished by master craftsmen to become symbols of value, commitment and beauty. Yet today, the diamond narrative is being rewritten not by carbon and time alone, but by bytes, algorithms and digital transformation. From the depths…
Gold prices up across India | Photo Credit: VIJAY SONEJI Gold prices in India have seen an upward trend today, December 18, with a notable increase across all major cities. The price of both 22-carat and 24-carat gold has risen compared to yesterday’s rates. This report provides a detailed, city-by-city breakdown of today’s gold prices….
In India, discounts on domestic gold prices increased from $11 per ounce at the start of November to $30 as of December 12 Demand for gold jewellery turned weak in India and China in November, though investments in physically-backed gold exchange-traded funds (ETFs) continued, two World Gold Council (WGC) research heads said. In India, discounts…
| Photo Credit: iStockphoto While gold and silver have been making headlines with soaring prices, platinum has quietly surged to an 18-year high as investors bet on precious metals to hedge against falling currencies. Platinum, a key precious metal, ruled at $1,975 an ounce in the global market at 1320 hours IST. In the futures…
The Directorate General of Foreign Trade (DGFT) on Wednesday invited bids for the first round of allocation of gold import quota under the India-UAE Comprehensive Economic Partnership Agreement (CEPA) for 2025-26. | Photo Credit: AJAY VERMA The directorate general of foreign trade (DGFT) on Wednesday said it has invited bids for the first round of…
Gold extended gains on Monday, supported by a weaker dollar and softer US Treasury yields, as investors looked ahead to key US jobs data for clues on the Federal Reserve’s policy path, while silver steadied after a record-breaking run last week. Spot gold rose 0.4 per cent to $4,320.65 an ounce by 0319 GMT. Bullion…
