Gold prices are expected to remain in a corrective phase in the coming week ahead of the crucial US inflation data, continuing uncertainties over trade tariffs and key economic numbers from China, analysts said. Traders will also closely watch comments from US Federal Reserve officials for clarity on the monetary policy outlook, which is likely…
Gold prices extended losses for the third consecutive week as a strong US dollar and cautious remarks from Federal Reserve officials weighed on investor sentiment, analysts said. The sustained firmness in the dollar and a wait-and-watch approach from the US Federal Reserve have dampened demand for the safe-haven asset, keeping bullion prices in a narrow…
Gold price today – November 6 – across India | Photo Credit: ANI Gold prices in India have seen an upward trend today, November 6, with a notable increase across all major cities. The price of both 22-carat and 24-carat gold has risen compared to yesterday’s rates. This report provides a detailed, city-by-city breakdown of…
Gold has surged by more 50% this year, hitting a record in October before losing some ground after a torrid rally. Gold steadied after the biggest gain in about a week, as traders assessed the outlook for US interest rates following private-sector jobs data. Bullion held just above $3,980 an ounce, after rising 1.2 per…
Amid record high gold prices, Tanishq has seen a sharp rise in consumers trading old gold for new purchases. The jewellery major reported a 69 per cent surge in gold exchange sales during the second quarter, with the trend now emerging as a long-term consumer behaviour shift rather than a festive spike, said Arun Narayan,…
FILE PHOTO | Photo Credit: Leonhard Foeger India now needs a comprehensive policy on gold to clearly define whether gold should be treated as a commodity or money, and how customers should perceive it, stated a report by State Bank of India (SBI). The report pointed out that perceptions of gold in the East and…
Gold rebounded as investors sought safety following a slump in global stocks due to concerns around elevated valuations. Spot bullion rose toward $4,000 an ounce, after falling almost 2 per cent in the previous session as a gauge of the US currency advanced for a fifth day. Global stocks were lower on Wednesday after suffering…
Gold and silver prices declined in domestic futures trade on Tuesday as a firm dollar and easing trade tensions between the US and China dampened the precious metal’s safe-haven appeal. On the Multi Commodity Exchange (MCX), gold futures for December delivery decreased by ₹836, or 0.69 per cent, to ₹1,20,573 per 10 grams in a…
Gold surged to a record high in October, aided by a retail buying frenzy, before dropping sharply in the final two weeks of the month. Gold dipped below $4,000 an ounce after China ended a long-standing tax rebate for some retailers, a change that could weigh on demand in one of the world’s largest precious-metals…
US gold futures for December delivery rose 0.4% to $4,010 per ounce. Gold held steady on Monday, kept in check by a strong dollar as investors dialled back bets for further Federal Reserve rate cuts in the near term, while easing US-China trade tensions also crimped bullion demand. Spot gold was flat at $4,000.65 per…
