Gold prices are likely to remain volatile in the coming week, as investors track developments around the US government funding bill, labour market data and Federal Reserve commentary, analysts said. The release of the Federal Open Market Committee meeting minutes on Thursday is also likely to influence bullion market sentiment, they added. “The week ahead…
Central banks across the world returned to buy gold in August after keeping a low profile in July, the World Gold Council (WGC) said, quoting data from the International Monetary Fund (IMF) and respective banks. They added a net 15 tonnes to global gold reserves. The purchases were in line with their monthly buys between…
Care Edge Ratings has factored in the promoter’s extensive experience in the gold jewellery industry. Utssav CZ Gold Jewels, one of the leading manufacturers of 18, 20, and 22 carat gold jewellery, has received CARE BBB and CARE A3+ rating on its long and short term loans. The ratings reflect the company’s strong fundamentals and…
Gold prices fell ₹643 to ₹1,16,945 per 10 grams in futures trade on Friday, retreating from record high as investors booked profits amid caution over the US government shutdown and Fed policy outlook. On the MCX, gold futures for December delivery declined ₹643 or 0.55 per cent to ₹1,16,945 per 10 grams in a turnover…
Gold’s rally has been supported by central-bank buying and rising holdings in gold-backed exchange-traded funds, as the Fed resumed rate cuts. Gold gained — following a five-day rally that saw it reach new records — as the US government shut down and traders added to bets on Federal Reserve interest-rate cuts following weak private payrolls…
Silver futures also posted strong advances | Photo Credit: iStockphoto Gold futures on Wednesday jumped ₹535 to a record ₹1,17,800 per 10 grams in domestic futures trade, tracking strong global cues as investors sought safe-haven assets after the US government shut down, while weak labour data fuelled expectations of rate cuts by the US Federal…
Indians are among the top investors in gold exchange-trade funds (ETFs) this year as their bet seems to be proving right with the precious metal gaining over 45 per cent so far in 2025. Data from the World Gold Council (WGC) show that India is the seventh largest investing nation in gold as of September…
Organised players in the Indian gold jewellery industry are expected to grow faster than the overall industry and capture a 45 per cent market share by FY30, according to a report by Nomura. The report highlighted that the Indian jewellery market has seen significant expansion over the last few years. It grew from $48 billion…
Gold touched a new record high and Treasuries held their gains as concerns mounted over a US government shutdown. The precious metal, a traditional safe-haven asset, climbed above $3,839 an ounce. The commodity’s 46 per cent rise so far this year is poised to be the best annual gain since 1979. Treasuries were little changed…
Silver breached the $45 psychological mark on COMEX while gold hovered near all-time highs on September 29, 2025, driven by a weaker dollar and growing expectations of continued Federal Reserve rate cuts. Traders are pricing in a 90 per cent probability of a Fed rate cut in October and a 65 per cent chance of…
