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
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.
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.