Silver Hits Historic $100 as Gold Nears $5,000 an Ounce
Silver surged above $100 per ounce for the first time ever, while gold reached record highs near $5,000, driven by strong safe-haven demand and tight physical supplies amid global economic uncertainties.
Gold Rises Ahead of Tariff Deadline; Other Precious Metals Tumble
Gold prices advanced on Thursday as financial markets reacted to growing trade uncertainty ahead of new U.S. tariffs taking effect today, August 1.
Weakening US Dollar Drives Gold Prices Higher in 2025
Gold prices have maintained a strong upward trajectory in 2025, largely supported by a sharp decline in the US dollar.
Gold Prices Slide Nearly 1% as Strong Dollar Pressures Precious Metals Market
Gold prices dipped close to 1% on Monday as a strong US dollar pressured precious metals, with investors closely monitoring US economic data and Federal Reserve comments for insights on interest rate trends
Gold Price Surge Dampens Physical Demand in Key Markets
The recent surge in gold prices, driven by U.S. Federal Reserve interest rate cuts and geopolitical tensions, has led to a sharp decline in physical demand across major global markets. Despite a temporary boost in India following an import duty cut, the overall trend shows consumers pulling back as prices hit record highs, prompting many to sell their holdings and profit from the rally
Mumbaikars Buy 55 kg Gold to Offer to Ganpati
This Ganesh Chaturthi, Mumbaikars have purchased 55 kg of gold—15 kg more than last year—to offer to Ganpati, fueled by positive market sentiment following the reduction in the gold import duty
Gold and Silver Prices Plunge Amid Mounting Economic Concerns
Gold and silver prices experienced a sharp decline on Monday, driven by growing economic concerns and a global market sell-off. The precious metals, which had recently reached new highs, are now grappling with volatility as investors react to weakening economic data and recession fears
Riding the Golden Wave: Factors Driving the Soaring Demand for Gold
Gold, long heralded as a safe haven asset, is currently experiencing a surge in demand, propelling its prices to unprecedented highs
Gold Prices Set for Largest Weekly Decline Since December
On Friday (April 26), the precious metal saw a modest uptick of 0.1%, reaching $2,334.57 per ounce, while US gold futures edged up by 0.2% to $2,346.70
Iran-Israel War News Sparks Gold Price Surge
On the Multi Commodity Exchange (MCX), the price of gold soared by over Rs.1,000 per 10 grams, reaching a fresh high of Rs.73,461 per 10 grams
The causes and effects of the hike in gold prices
Gold prices are soaring, and instead of causing demand to slow down, the opposite is happening, as it does often, when it comes to gold sales in India, discovers R Sugandha
Impact of High Gold Prices: Minimal Volume Growth Expected in FY24
The surge in gold prices is anticipated to have a dampening effect on the demand for gold jewellery, leading to minimal volume growth for organised gold jewellery retailers in the fiscal year 2023-24 (FY24).
Gold Prices Soar as they reach a New Record High
The yellow metal rose to trade at Rs.58,826 on the Multi Commodity Exchange.
Gold Peaks, inches closer to an all-time high
Gold edges higher in Indian market hovering near an all-time high
90% Drop for Gold ETFs in 2022
Gold ETFs plunged in 2022 due to the steep rise in the price of the yellow metal.
