Gold prices are likely to remain firm in the coming week, driven by investor focus on the US Federal Reserve’s monetary policy outcome, combined with weakness in the rupee, according to analysts. The precious metal’s bias remains positive amid expectations of an interest rate cut and sustained central bank purchases, they added. “Gold is expected…
An economic slowdown in India for any reason could turn out to be bearish for gold as it could trigger liquidation of the precious metal-backed collateral, the World Gold Council (WGC) has said. This is because the yellow metal, which otherwise could rise by 5 per cent to 15 per cent in 2026, could boost…
T.S. Kalyanaraman, Managing Director, Kalyan Jewellers inaugurating 18th Kerala Gem and Jewellery Show The 18th Kerala Gem and Jewellery Show (KGJS EXPO 2025) opened at the Adlux International Convention Centre, Angamaly on Friday showcasing the finest in gold, diamond, platinum and silver jewellery, along with advanced machinery, cutting-edge equipment and jewellery-tech solutions. The three-day expo…
Silver extended its retreat from an all-time high earlier in the week, as traders took profits from a rally that had become overheated. Gold also slipped. The white metal fell below $57 an ounce, having lost more than 2 per cent in the previous session to snap an eight-day winning streak. The latest pullback has…
Talking about hotspots, it said that smuggling remained concentrated in Maharashtra, Tamil Nadu, Gujarat, and West Bengal, serving as entry points or redistribution hubs due to their strategic location | Photo Credit: REUTERS Gold smuggling seems to have come down with the Directorate of Revenue Intelligence (DRI) data showing that the volume of seizures dipped…
Talking about hotspots, it said that smuggling remained concentrated in Maharashtra, Tamil Nadu, Gujarat, and West Bengal, serving as entry points or redistribution hubs due to their strategic location | Photo Credit: REUTERS Gold smuggling seems to have come down with the Directorate of Revenue Intelligence (DRI) data showing that the volume of seizures dipped…
Gold bars, wealth and investment, 3d rendering istock photo for BL | Photo Credit: iStockphoto Gold prices fell to ₹1,30,374 per 10 grams while silver futures rose to ₹1,82,672 per kilogram on Wednesday as mixed global trends and weak US economic data prompted cautious trading among investors. On the Multi Commodity Exchange (MCX), gold futures…
Though gold hit a record high of $4,381.58 an ounce on October 17, central banks across the world continued buying the precious metal, data from the World Gold Council (WGC) showed. However, gold purchases by them have been lower than in the past three years when compared with the January-October period. “Central bank demand for…
The recent gains in precious metals reflect the potential for cuts to gather pace after Jerome Powell’s term ends in May. Silver rose to a record, as traders laid speculative bets on continued supply tightness and lower borrowing costs in the US. Gold also gained. The white metal rose as much as 0.8 per cent…
The move is unlikely to have an impact on India due to large skill availability, unmatched cost efficiency, infrastructure, and a deeply integrated supply chain. | Photo Credit: GANESAN V The Belgian government’s recent decision to permit foreign diamond sorters and polishers may not have a major impact on the cut and polish trade in…
