About 89 per cent of global central banks that participated in a survey conducted by the World Gold Council believe gold reserves will increase over the next 12 months | Photo Credit: scanrail Given the growing global uncertainty, central banks of most countries plan to accumulate more gold as part of reserves in the next…
See also: | Photo Credit: scanrail Gold prices firmed on Tuesday after an interim US–Iran deal to end the war in the Persian Gulf eased bets of a US rate hike, with investors awaiting details on the agreement and the Federal Reserve’s policy meeting. Spot gold was up 0.8% at $4,341.39 per ounce at 0851…
The outflows were the highest as of date this year and followed exits to the tune of $2.71 million in the week ending June 5. | Photo Credit: istock.com Investors chose to encash $4 for every dollar invested in physically-backed gold exchange-traded funds (ETFs) last week, as investments continued to witness net negative inflows for…
Gem and jewellery exports dipped two per cent in May to $2.05 billion against $2.10 billion in the same period last year, largely due to shortage of gold availability and growing uncertainty over the ongoing war between the US and Iran. In rupee terms, it was up 9 per cent to ₹19,574 crore (₹17,896 crore…
Silver prices rallied by ₹6,066 to ₹2.52 lakh per kilogram in futures trade on Monday as easing geopolitical tensions in West Asia and a weaker US dollar improved sentiment in the bullion market. On the Multi Commodity Exchange, the white metal for July delivery surged ₹6,066, or 2.46 per cent, to ₹2,52,252 per kilogram in…
Gold prices bounced back in futures trade on Monday, rising sharply by Rs 2,242 to Rs 1.52 lakh per 10 grams, tracking strong global trends after the announcement of a US-Iran peace deal which lifted the market sentiment. On the Multi Commodity Exchange, the yellow metal for August delivery jumped Rs 2,242, or 1.49 per…
Gold rose more than 2% on Monday after US and Iran officials said they had reached an initial agreement to end their war, pushing oil prices lower and easing concerns about inflation and higher interest rates. Spot gold climbed 2.5% to $4,322.87 per ounce by 0312 GMT, hitting its highest level since June 9 and…
Spot gold prices rallied strongly at the start of 2026, before cooling in March and recently touching an intra-year low of $4,170 per ounce | Photo Credit: wydynd Gold prices could climb to fresh record highs by the end of 2026 despite recent weakness in investor interest and a period of sideways trading, according to…
rows of rendered silver bars and one goldbar | Photo Credit: wydynd Gold prices rebounded by ₹3,000 to ₹1.56 lakh per 10 grams in the national capital on Friday, and silver advanced by ₹10,000 to ₹2.55 lakh per kilogram as signs of a diplomatic breakthrough in the US-Iran standoff rekindled interest in the precious metals….
Globally, Comex gold futures for August contract appreciated by $88.75, or 2.16%, to $4,202.75 per ounce in New York. Gold prices rose nearly 1 per cent to ₹1.49 lakh per 10 grams in futures trade on Friday, tracking a firm trend in the overseas markets. On the Multi Commodity Exchange, the yellow metal for August…
