Gold & Silver

But, a short-lived recovery is likely  

India’s gold and jewellery sector is a storied titan—employing over 4.6 million artisans and contributing nearly 7 per cent to total merchandise exports. Yet, despite this cultural legacy, India’s share in the global fine jewellery market remains modest relative to its craftsmanship depth. The missing catalyst is sustained, strategic Foreign Direct Investment (FDI). FDI in…

The over 10 per cent fall in gold prices over the past month has boosted gold jewellery sales on the occasions of Gudi Padwa and Ugadi on Thursday. The All India Gem and Jewellery Domestic Council estimated that sales were 10 per cent higher compared to last year in terms of value. On Friday, gold…

Gold prices jumped by ₹1,914 to ₹1.46 lakh per 10 gm in futures trade on Friday, tracking firm global trends amid easing geopolitical tensions in West Asia. On the Multi Commodity Exchange, the yellow metal for April delivery increased by ₹1,914, or 1.32 per cent, to ₹1,46,868 per 10 grams. Analysts said the recovery in…

Despite the correction, investor interest remains strong, especially in gold ETFs, which have seen robust inflows and rising assets under management. | Photo Credit: iStockphoto The recent fall in gold prices will soon revive investor interest in the yellow metal through exchange-traded funds, as the long-term outlook remains bright amid the ongoing war in West…

Despite ongoing geopolitical tensions, bullion remained under pressure as markets focused on the likelihood of interest rates amid persistent inflation risks | Photo Credit: REUTERS Gold and silver prices crashed in the Indian domestic market on cues from the global market, where the Middle East conflict ⁠increased energy prices and ignited inflation concerns. It led…

‌Gold prices dropped over 5% on Thursday, falling for ​a seventh consecutive session, as the Middle East conflict ⁠increased energy prices and ignited inflation concerns, raising expectations that top central banks will keep borrowing costs elevated. Spot gold fell 5.5% to $4,552.38 per ounce ‌by 8:46 a.m. ET (1246 GMT), its lowest since early February….

Gold prices ​fell to a more-than-one-month low on Thursday, weighed ⁠down by a firm dollar and a hawkish Federal Reserve, which limited hopes for near-term interest rate cuts. Spot gold fell 1.1% to $4,764.27 ‌per ounce as of 0649 GMT, its lowest since February 6. US gold futures for April delivery ‌fell 2.6% to $4,770….

Globally, silver futures for the May contract on the Comex extended losses for the seventh consecutive session, declining by $4.89, or 6.31%, to $72.69 per ounce. Silver futures tumbled by ₹9,031 to ₹2.39 lakh per kilogram on Thursday, marking the seventh straight session of losses, as rising crude oil prices and a hawkish US Federal…

Gold prices rose on ​Thursday after briefly touching a more than one-month ⁠low, as a softer dollar offered support, but gains were capped by a hawkish Federal Reserve, which has limited hopes for near-term rate cuts. Spot ‌gold added 0.8% to $4,856.82 per ounce as of 0115 GMT, after falling to its lowest since February…