Gold’s glittering rally is expected to continue, with prices likely to climb towards $4,500 per ounce in overseas markets, supported by sustained global central bank purchases, persistent geopolitical tensions, and strong Asian demand, according to a report by Motilal Oswal Financial Services Ltd. Silver, which has outperformed gold in terms of returns so far this…
Gold price today October 16 | Photo Credit: AMIT DAVE Gold prices in India have seen an upward trend today, October 16, 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 today’s gold prices….
Gold rose to a record as heightened US-China frictions and bets the Federal Reserve will press on with monetary easing through the end of the year supported demand. Bullion has risen more than 5 per cent so far this week and touched a peak above $4,242 an ounce on Thursday, as a breakneck rally underway…
As Dhanteras approaches, Indian investors are turning to gold again — not just for tradition, but as a hedge against economic uncertainty. Amidst challenges, exchange-traded funds (ETFs) are the perfect vehicle for investors. Sky-high physical prices and storage concerns are driving investors toward paper forms of bullion. Gold ETFs saw record inflows of ₹8,151 crore…
On the Multi Commodity Exchange (MCX), gold futures for December delivery extended their rally for the fourth consecutive session, by climbing ₹1,244, or 0.98 per cent, to hit a record of ₹1,27,500 per 10 grams. | Photo Credit: istock.com Gold prices on Wednesday surged by ₹1,244, reaching a new all-time high of ₹1,27,500 per 10…
In India, gold in the Mumbai spot market was quoted at ₹1,24,155 per 10 gm Silver is facing a supply shortage globally with a couple of government mints, such as the Canadian Royal Mint and Australia’s Perth Mint, stopping sales of products made with the white precious metal. The development comes amid silver soaring to…
Gold price today October 14 | Photo Credit: ATHIT PERAWONGMETHA Gold prices in India have seen an upward trend today, October 14, 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 today’s gold prices….
Recently, the Indian government authenticated the hallmarking of nine-carat jewellery Nine-carat gold jewellery is catching up in some regions of India, such as Bengaluru, among Gen Zees and Millennials, while people down further South in Tamil Nadu are still focused on gold purity, according to Vidita Kochar, founder of Jewelbox. “Down South, we have three…
Spot silver prices surged to an all-time high above $52.50 an ounce, eclipsing a peak set during a notorious attempt to corner the global market in 1980. Spot prices rose as much as 0.4 per cent to $52.5868 an ounce in London, surpassing a peak set in January 1980 on a now-defunct contract overseen by…
Silver hit the highest in decades as a historic short squeeze in London reinforced a powerful year-to-date rally, while gold surged to a record aided by broad investor enthusiasm toward precious metals. Spot silver climbed as much as 3 per cent to near $52 an ounce — exceeding last week’s intraday high — as gold…
