Current bullion market is focusing on a combination of factors which includes direction of US interest rates, weakness in USD, among many others factors for further guidance, noted a recent report by Emkay Wealth Management.
Pune (Maharashtra) [India], July 10: With gold prices continuing to rise in 2025, Bajaj Markets empowers individuals to unlock the value of their gold through quick and reliable gold loan solutions. In these times, pledging gold jewellery as collateral has become a practical and cost-effecti
Local gold prices in the country are expected to maintain an upside bias in the second half of 2025, potentially moving from the current range of Rs 96,500-Rs 98,500 per 10 grams toward the psychologically significant Rs 1,00,000 mark, according to a report by ICICI Bank Global Markets.
At the end of the trading session, Nifty was down 124.00 points or 0.48 per cent at 25,513.80 and the BSE's Sensex was down by 458.47 points or 0.55 per cent, reaching 83,600.43
Volatility in gold prices has declined and its response to interest rate hikes has become increasingly asymmetric, signalling a deeper, structural shift in the metal's role in global portfolios, said Llama Research in its June edition.
Gold prices in India breached the Rs 1 lakh per 10-gram mark to reach at an all-time high level on Friday, boosted by the weakness in the domestic currency, and rising safe-haven demand as Israel launched an airstrike on Iran.
Domestic gold jewellery consumption in India is projected to expand by a significant 12-14 per cent in value terms in fiscal year 2026, according to a recent report by ICRA. Gold prices surge by 33 per cent in FY25, ICRA says prices will continue to surge in FY26.
Gold prices took a back seat on Thursday, slipping to their lowest level in nearly a week, as a stronger U.S. dollar weighed on the precious metal. The downturn was also influenced by investor optimism in equity markets following a major U.S. court decision.
There has been a shift in preference by gold jewellery buyers with the rising prices of the yellow metal. Talking to reporters on Wednesday in the national capital, O Asher, Managing Director of Malabar Gold and Diamonds, said, rising gold prices are driving customers to shift from 22-carat
Gold are prices likely to rise back again, helped by the plethora of factors defying softening safe-haven assets demand and expectations of fewer rate cuts this year by the US federal reserve bank, reported by Gulf news on Wednesday.
The correction in gold will be short-term and prices could trade in the USD 3050/ounce (oz) to USD 3250/oz range in the second quarter of 2025, according to a report by ICICI Bank Global Markets.
Pune (Maharashtra) [India], May 16: Investing in gold is a fuss-free way to grow an investment portfolio, and the golden opportunity is here right now. Gold prices have recently seen a noticeable dip after reaching an all-time high of Rs. 1 lakh on April 22. This opens a rare window for savv