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New Delhi [India], April 6 (ANI): Gold is expected to remain volatile but largely rangebound over the next one month as easing geopolitical tensions, elevated oil prices and uncertainty over interest rates continue to weigh on sentiment, analysts said. "Gold remained below USD 4,700 per ounce on Monday as markets reacted to reports of a possible 45-day ceasefire between the U.S., Iran and regional mediators," said Amit Gupta, Senior Research Analyst - Commodities at Kedia Advisory. "While easin ...Read More >
Kolkata: The multi-year gold rally is showing little signs of abating, with prices likely to remain elevated through 2026 and potentially approach $6,000 an ounce (about ₹541,920 an ounce, and ₹1.90 lakh per 10 gram), said World Gold Council chief executive David Tait. One ounce of gold is equivalent to 28 gm of the precious metal. "There are strong indicators for continued high gold prices in 2026," Tait said. "Many are projecting $6,000, and frankly, that figure feels very close given the pre ...Read More >
Gold is consolidating high again, prolonging its remarkable monster bull. Since rocketing into extreme overboughtness in mid-October, gold has largely been drifting sideways on balance. This is really defying precedent for big-and-fast drawdowns after such massive runs, for an unbelievable fourth time in this bull. How its three earlier high consolidations played out offers insights into this current one's likely behavior. In a single month into October 20th, gold soared 18.2% achieving 15 new ...Read More >
New Delhi [India], October 30 (ANI): India's gold demand value in the July-September quarter of 2025 stands at Rs 2,03,240 crores, up 23 per cent from the same period last year, even as overall volumes decline, according to the World Gold Council's Q3 2025 Gold Demand Trends report.The quarter records total demand of 209.4 tonnes, lower by 16 per cent compared to Q3 2024, showing that higher prices lift value while reducing tonnage. Within this, jewellery demand comes in at 117.7 tonnes, down 31 ...Read More >
New Delhi [India], October 19 (ANI): Gold prices in India are expected to maintain an upside bias for the rest of 2025, driven by a projected uptrend in global gold prices and a weakening Indian rupee, according to a sectoral update by ICICI Bank Global Markets. The report projects an equilibrium range of USD/Rs at 87.00-89.00 for the fourth quarter of 2025 (Q4 2025) and the first half of 2026. Also Read | Sam Rivers Dies: Limp Bizkit Bassist and Founding Member Passes Away at 48. The report ...Read More >
New Delhi: Gold prices in India are expected to maintain an upside bias for the rest of 2025, driven by a projected uptrend in global gold prices and a weakening Indian rupee, according to a sectoral update by ICICI Bank Global Markets. The report projects an equilibrium range of USD/Rs at 87.00-89.00 for the fourth quarter of 2025 (Q4 2025) and the first half of 2026. It further added that domestic gold prices are expected to trade between Rs 1,20,000 and Rs 1,35,000 per 10 grams through the r ...Read More >
MUMBAI, Oct 19 -- Soaring gold prices led Indian buyers to choose coins and bars over jewellery during the Dhanteras festival yesterday, fuelled by hopes that the precious metal's glittering rally would continue, industry officials told Reuters. Dhanteras, which marks the start of the five-day Diwali festival of lights, is considered auspicious for buying gold and is one of the busiest gold-buying days in the world's second-biggest consumer of the metal. Overall gold sales during Dhanteras wer ...Read More >
New Delhi, Sep 16 (SocialNews.XYZ) Gold prices reached record high on Tuesday, surpassing the Rs 1,10,000 mark due to increased safe-haven demand amid global geopolitical tensions and anticipation of a US Federal Reserve rate cut this week. In India, the price of 24-carat gold per gram was at Rs 10,951 as of 10.17 am, according to data published by the India Bullion and Jewellers Association (IBJA). Earlier in the day, prices had reached as high as Rs 1,10,650 per 10 gm, an increase from Rs 1, ...Read More >
NEW DELHI, Sept 15 (Reuters) - Gold demand in India this festive season is expected to be weaker than last year, as record-high prices are likely to curb jewellery purchases, outweighing modest gains in investment demand. Weaker demand in the world's second-largest gold consumer could limit a rally in global prices , which hit a record high last week. But sluggish demand for gold imports could limit India's trade deficit and support the rupee. Local gold prices , which scaled a record peak of ...Read More >
NEW DELHI -- Gold demand in India this festive season is expected to be weaker than last year, as record-high prices are likely to curb jewellery purchases, outweighing modest gains in investment demand. Weaker demand in the world's second-largest gold consumer could limit a rally in global prices, which hit a record high last week. But sluggish demand for gold imports could limit India's trade deficit and support the rupee. Local gold prices, which scaled a record peak of 109,840 rupees per 1 ...Read More >
[NEW DELHI, Sept 15 (Reuters) - Gold demand in India this festive season is expected to be weaker than last year, as record-high prices are likely to curb jewellery purchases, outweighing modest gains in investment demand. Weaker demand in the world's second-largest gold consumer could limit a rally in global prices, which hit a record high last week. But sluggish demand for gold imports could limit India's trade deficit and support the rupee. Local gold prices, which scaled a record peak of 1 ...Read More >
New Delhi: Gold for August delivery is trading at ₹95,922 per 10 grams on MCX, down Rs 550. Despite the ongoing rally in gold prices, central banks continue to ramp up their gold purchases. According to the reports, the central banks bought 20 tonnes of gold in May -- the highest in three months. This marks the 24th consecutive month of gold purchases by central banks across the globe. Over the past year, central banks have bought an average of 27 tonnes of gold each month. According to a surve ...Read More >
MUMBAI - India's regulator has restrained Jane Street Group from accessing the local securities market, dealing a severe hit to the US trading firm that generated more than US$2.3 billion (S$2.9 billion) in net revenue from equity derivatives in the South Asian nation in 2024. The Securities and Exchange Board of India (SEBI) said it would seize 48.4 billion rupees (S$722 million) from Jane Street, which it claimed is the total amount of unlawful gains made by the fund, according to the order. ...Read More >
Mumbai: India's central bank hasn't added to its gold stash in FY26 yet, likely tying its purchase decision and timing to an expectedly southward trend in the prices of the safe-haven asset that surged more than 80% in five years amid geopolitical and trade uncertainties. The Reserve Bank of India's (RBI) total gold holdings amounted to 880 metric tonnes, and it continued to be at that level between end-March and end May this year, showed the latest data. This is the longest pause in more than ...Read More >
Hyderabad: Chief Minister A Revanth Reddy on Thursday warned educational institutions that cases would be booked against them if drugs were found in their premises. The CM announced that the state's Anti-Narcotics Bureau would henceforth be known as Elite Action Group for Drug Law Enforcement (EAGLE) and was tasked with curbing the menace of narcotics in the state. Speaking at an event marking the International Day Against Drug Abuse and Illicit Trafficking 2025 at Shilpakala Vedika here, Redd ...Read More >
Mumbai : Several life insurers have approached the Insurance Regulatory and Development Authority of India (Irdai) seeking approval to invest in gold exchange-traded funds (ETFs), according to people familiar with the matter. The move comes amid increasing gold prices, growing global demand and a need for diversification as traditional asset classes deliver subdued returns. Gold ETFs have delivered returns of more than 30% over the past 12 months. In comparison, liquid debt funds, equity indice ...Read More >
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