Indians will celebrate Dhanteras and Diwali this month, festivals during which buying gold is considered auspicious and which are the busiest bullion-buying days in the country. | Photo Credit: ARUN SHARMA Physical gold demand in India held firm this week despite a record-breaking price rally, as jewellers and investors snapped up bullion ahead of key…
Gold is now soaring together with stocks and bitcoin, as investors bet heavily on US rate cuts and concern grows about the dollar’s role as the world’s top reserve currency | Photo Credit: REUTERS/ARKO DATTA Highlights Gold is ‘hedge everything’ trade for investors Thrives when investors fret over inflation, economic slowdown Spillover from stocks to…
Kotak Mutual Fund has temporarily suspended lump-sum and switch-in investments in its Kotak Silver ETF Fund of Fund following a sharp rise in domestic silver premiums over global prices. Kotak Mutual Fund has temporarily halted lump sum and switch-in subscriptions in Kotak Silver ETF Fund of Fund, due to the difference in premiums charged in…
Gold Price today, October 9 | Photo Credit: KVS GIRI Gold prices in India have seen an upward trend today, October 9, 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….
Silver prices surged ₹6,000 to hit fresh record of ₹1,63,000 per kilogram in the national capital on Thursday, aided by safe haven buying in the global market amid geopolitical, economic uncertainties and growing expectations of interest rate cuts by the US Federal Reserve. The white metal saw such a steep surge for the second time…
Gold took a breather from a record run on Thursday, as investors booked profits a day after bullion breached the key $4,000-per-ounce level for the first time ever on economic and geopolitical uncertainties and hopes of further US rate cuts this year. Spot gold fell 0.4 per cent to $4,020.99 per ounce as of 0302…
Gold prices in India surged for the third consecutive day, rising Rs 2,600 to Rs 1,26,600 per 10 grams in Delhi, amid strong global trends and geopolitical concerns, including the US government shutdown | Photo Credit: iStockphoto Gold prices rallied for the third straight day and gained Rs 2,600 to hit a fresh lifetime high…
Gold ETFs have seen a record $2.18 billion in inflows so far this year, surpassing all previous annual totals. In comparison, inflows were $1.28 billion in 2024, $295.3 million in 2023, and just $26.8 million in 2022. | Photo Credit: istock.com India’s physically backed gold exchange-traded funds (ETFs) saw their largest monthly inflow in September,…
Today’s Gold Rate in India, October 8 | Photo Credit: REUTERS Gold prices in India saw an increase today (October 8) across all cities. The price for 8 grams of 24-carat gold also rose in all cities compared to yesterday. Below is a detailed breakdown of gold prices in key cities. Gold rates in India: The…
Gold and silver soared past key resistance levels to fresh highs on Wednesday, with industry experts and analysts saying the precious metals have more steam to head further north. Gold topped a new high of $4,000 an ounce in Asian trade on Wednesday morning, before rising further to over $4,035 an ounce at 1300 hours…
