The organised gold loan market in India is projected to reach the Rs 15 trillion mark by March 2026, a year ahead of earlier expectations, according to credit rating agency ICRA. The surge is attributed primarily to the sustained uptrend in gold prices, which have scaled record highs in rece
Indian equity markets started Tuesday on a steady note, with both benchmark indices showing marginal gains. The Sensex opened up 147.29 points to 81,937.41 at 9.38 am. The Nifty 50 inched up by 41.70 points to 25,119.35, reclaiming the 25,000 mark.
Gold remains Goldman Sachs' "highest-conviction long commodity," with analysts citing strong private and institutional demand, rising equity traded fund (ETF) holdings, and central bank purchases as key drivers of the rally that has lifted the metal nearly 47 per cent to around USD 3,865 per
The weakness in the Indian rupee continued on Tuesday, with the currency touching a record low of 88.67 per U.S. dollar at the time of filing this report. The pressure on the rupee came amid concerns over U.S tariffs and jitters surrounding H1B visa rules.
Mumbai (Maharashtra) [India], September 19: Gold prices worldwide have surged past US$3,000/oz, touching record highs as global debt concerns, geopolitical uncertainties, and monetary easing expectations reshape the bullion landscape. In India, this has translated into domestic prices hoveri
Gold prices could rise significantly higher to a record high of USD 6,600 per ounce if the ongoing bull run continues, according to a report by Jefferies.
Gold prices touched fresh highs on Wednesday, holding above the one lakh mark despite a marginal fall in the domestic market. At the time of filing, gold rates stood at Rs 1,09,440 for 10 grams of 24 karat gold, according to India Bullion rates.
Gold futures breached the USD 3,600 per ounce mark on Monday, marking their fresh all-time high, on expectations that the US Federal Reserve will cut the key policy rate.
Indian gold prices are expected to continue rising, trading in the range of Rs 99,500 to Rs 110,000 per ten grams over the rest of 2025, and moving higher to Rs 110,000 to Rs 125,000 in the first half of 2026, according to a research note by ICICI Bank's Economic Research Group.
Gold prices on the Comex exchange are projected to climb to USD 3,600 per troy ounce by the end of 2025, according to a report by Ventura. The forecast follows a fresh record high of USD 3,534.10 on August 7, surpassing the earlier peak of USD 3,509.90 in April this year.
Globally, gold prices edged up marginally 0.3 per cent in July at USD 3,299, when a stronger US dollar contributed to positive returns in all major currencies, according to World Gold Council.
Gold shoppers in the United Arab Emirates (UAE) are pausing their purchases as prices remain elevated at around 374.5 dirhams per gram for 22K gold, as reported by Gulf News.