The dollar’s slide to a four-year low lent fresh momentum to the precious metals complex on Wednesday, pushing prices further , even as geopolitical tensions continued to support it. Reactions to the latest rally were mixed with some analysts forecasting further surge in the precious metals, but some cautioned saying they are in the over-bought…
Gold has gained around 22% since the beginning of the year, smashing through $5,000 an ounce for the first time this week. Gold surged to a record high above $5,280 an ounce, extending a breakneck rally fuelled by US dollar weakness and a flight from sovereign bonds and currencies. Bullion rose as much as 2…
India’s gold and silver imports surged to record levels last year, sparking concern among policymakers, with the government having few effective tools to curb inflows that have remained resilient despite sky-high prices for the precious metals. The country’s gold imports rose 1.6% from a year earlier to $58.9 billion in 2025, while silver imports jumped…
Gold prices scaled a fresh all-time high above $5,250 per ounce on Wednesday, while silver surged to ₹4 lakh per kilogram in Indian markets, driven by a sharp decline in the US dollar and mounting economic uncertainty. Spot gold on Comex touched $5,258, gaining over 3 per cent, while MCX gold climbed to ₹1,62,500. Silver…
Rescue work underway after an aircraft carrying Maharashtra Deputy Chief Minister Ajit Pawar crashed during landing, at Baramati in Pune district, Maharashtra, Wednesday, Jan. 28, 2026. Pawar, along with three others on board, was killed in the crash. | Photo Credit: PTI A chartered aircraft carrying NCP leader and Maharashtra Deputy Chief Minister Ajit Pawar…
* Spot gold jumped 1.1% to $5,243.58 per ounce, as of 0314 GMT, after scaling a record high of $5,247.21 earlier, up more than 20% since the start of the year. U.S. gold futures for February delivery surged 3.1% to $5,237.70 per ounce. “(Gold’s rise) is due to the very strong indirect correlation with the…
Kirit Bhansali, Chairman, GJEPC | Photo Credit: EMMANUAL YOGINI With exports of Indian jewellery to the US down 44 per cent, the newly-signed India-European Union Free Trade Agreement (FTA) is expected to provide a lifeline to the sector, particularly for export hubs in Gujarat, Rajasthan, Maharashtra and West Bengal, said Gem and Jewellery Export Promotion…
COMEX gold scaled a fresh all-time high of $5,111 per ounce on Tuesday before settling near $5,067, driven by sustained safe-haven demand and central bank buying. Silver jumped to $117.75, marking its own record peak, as geopolitical tensions and US-South Korea tariff threats intensified. On the Multi Commodity Exchange (MCX), gold rose over 1 per…
Stakeholders from the Indian bullion and jewellery sectors have sought several policy measures from the Government in the forthcoming Budget, including the rationalisation of duty and tax structures, to ensure fairness, competitiveness, and long-term sustainability of the sectors. Prithviraj Kothari, Managing Director at RiddiSiddhi Bullions Ltd and President of the India Bullion and Jewellers’ Association…
Indian gold and silver futures jumped to record highs early on Tuesday, tracking gains in overseas prices and supported by the rupee’s slide near an all-time low, dealers said. Domestic gold futures rose 2.4% to a record high of 159,820 rupees per 10 grams in early trade, while silver futures jumped 6% to an all-time…
