Gold prices dipped on consecutive days on Wednesday, weighed down by easing trade tensions between China and the United States, which led to a decline in safe-haven demand.
The ongoing global tariff wars and the continued rise in gold prices will significantly impact the overall consumer price index (CPI) in the upcoming months, even if food prices remain stable, according to a report by the Union Bank of India (UBI).
This Akshaya Tritiya, an auspicious day in the Hindu calendar considered apt for buying gold, the demand for the precious metal remained relatively weak, with analysts and jewellers attributing it to its high prices. Publicly available data showed that international gold prices rose at an un
The continued rise in retail gold prices to an all-time high is expected to reduce the sales volume of organised gold jewellery retailers by 9-11 per cent in fiscal 2026, according to a Crisil Ratings report.
Gold demand in India is expected to remain strong during Akshaya Tritiya this year, despite the surge in prices, as investors are drawn by the high returns seen over the past two years.
Global investment banking giant JP Morgan has reaffirmed its bullish stance on gold, projecting it as the most optimal hedge through 2025 and 2026 amid mounting risks of stagflation, recession, currency debasement, and U.S. policy uncertainties.
Gold prices in India touched a historic milestone on Tuesday, crossing Rs 1 lakh per 10 grams. Experts believe that while this sharp rally may lead to a temporary correction, any fall from this level is likely to be limited to a maximum of 10 per cent.
Gold remains in the news cycle due to the latest rally in its prices. On Monday, international gold prices reached yet another high, surpassing USD 3,400 per ounce.
This sharp rally is attributed to a combination of heightened geopolitical risks, trade tensions--particularly between the U.S. and China--and a surge in safe-haven demand from both institutional and retail investors, Motilal Oswal Financial Services Ltd (MOFSL) said in a report.
The Reserve Bank of India (RBI) reported a sharp rise in the value of its gold reserves for the week ending April 11, reflecting a global surge in gold prices.
There's no looking back for safe-haven gold amid the global trade uncertainties that have emanated from Trump administration's reciprocal tariffs and Chinese counter tariffs.