See also: | Photo Credit: scanrail Gold prices rose on Friday, supported by a weaker dollar and softer U.S. Treasury yields, but were on track for a second consecutive weekly drop as rising energy prices dimmed prospects for near-term U.S. interest rate cuts. Spot gold was up 0.8% at $5,118.75 per ounce, as of 0234…
See also: | Photo Credit: scanrail Gold prices fell on Thursday, weighed down by a firmer US dollar and waning hopes for near-term US interest-rate cuts as higher energy prices stoked inflation concerns. Spot gold was down 0.4% at $5,153.79 per ounce as of 0545 GMT. U.S. gold futures for April delivery fell 0.4% to…
For gold, the extreme volatility in energy prices has increased concerns over inflation, in turn reducing expectations that the Federal Reserve and other central banks will be able to cut interest rates. Gold advanced after a report that the International Energy Agency is proposing the largest-ever release of oil reserves to ease a supply shock…
Gold advanced after President Donald Trump signaled the war in West Asia could be nearing an end, sending the US dollar and oil prices lower. Bullion rose as much as 0.9 per cent to top $5,180 an ounce, wiping out a decline in the previous session. Trump said the conflict would be resolved “very soon”…
Gold prices in the US were down 1.2 per cent to $5,098 an ounce after shedding 2 per cent in the earlier session as dollar strengthened against major currencies The sharp depreciation of the rupee against dollar has cushioned domestic bullion prices from the impact of global slide in gold prices. The rupee depreciated to…
Gold fell, pressured by a stronger US dollar and concerns over higher interest rates, as the war in the Middle East extended into a second week and oil surged toward $120 a barrel. Bullion tumbled as much as 3% to $5,015 an ounce, following its first weekly decline in more than a month, before paring…
In an interesting development, the Bank of Korea (BOK) announced plans to incorporate overseas-listed physical gold ETFs (exchange-traded funds) into its foreign reserve portfolio from the first quarter of 2026. Buying of gold by central banks across the world eased in January 2026 compared with the previous 12-month average of 27 tonnes, the World Gold…
For decades, diamonds in India have been deeply intertwined with tradition. They symbolised weddings, family milestones and generational wealth, with purchasing decisions often guided by customs passed down through families. The act of buying a diamond was rarely a purely personal decision; it was rooted in cultural expectations and legacy. But the Indian diamond buyer…
As central banks continue to diversify into non-dollar reserves, with a marked increase in their gold holdings, the gold price is expected to rise further, per an assessment by SBI’s Economic Research Department. They also hinted that Central Banks, especially the US Fed, may go in for gold reserve revaluation as a quick fix for…
Shyamala Ramanan, Business Head, Mia by Tanishq Mia by Tanishq, a jewellery brand of Titan Company, has opened its 275th store in Kammanahalli, Bengaluru. The outlet was inaugurated by Shyamala Ramanan, Business Head, Mia by Tanishq, and Ajay Dwivedi, Regional Business Head–South, Titan Company. The store has about 1,200 square feet of space. The company…
