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Tag: gold price

Gold, silver drop for 3rd day on strengthening of U.S. dollar

Posted on April 24, 2026 By admin
Gold, silver drop for 3rd day on strengthening of U.S. dollar

In the international markets, spot gold rose marginally to $4,708.17 per ounce, while silver gained nearly 1% to $75.96 per ounce. | Photo Credit: Reuters Precious metal prices extended losses for the third straight session in the national capital on Friday (April 24, 2026), with gold declining ₹200 and silver plunging ₹3,000 amid a firm…

Read More “Gold, silver drop for 3rd day on strengthening of U.S. dollar” »

Business

Why Is Gold Volatile? FM Sitharaman Outlines Key Triggers: ‘Investors Don’t Have Confidence’

Posted on February 2, 2026 By admin

Finance Minister Nirmala Sitharaman has said that the volatility in gold prices is arising due to the global uncertainty, according to news agency PTI on Monday, Feb. 2. The yellow metal’s swing in prices has spooked commodity market investors. FM Sitharaman also added that the reason why investors do not have confidence in any particular…

Read More “Why Is Gold Volatile? FM Sitharaman Outlines Key Triggers: ‘Investors Don’t Have Confidence’” »

Business

Silver Prices Hit $100 For The First Time In International Markets

Posted on January 23, 2026 By admin

International silver prices hit the $100 an ounce mark for the first time ever on Friday, extending a solid rally. Spot prices for the white metal soared 4.2% to as much as $100.29 during New York trading hours. The price more than doubled in 2025 and has already surged 40% in the new year. Notably, silver…

Read More “Silver Prices Hit $100 For The First Time In International Markets” »

Business

Gold drops as traders reassess US-Venezuela relations

Posted on January 7, 2026 By admin
Gold drops as traders reassess US-Venezuela relations

Image used for representational purpose only. File | Photo Credit: Reuters ​Gold prices fell on Wednesday (January 7, 2026) as a stronger dollar ‌and investors reassessing the recent developments in the ​U.S. Venezuela situation weighed on the metal. Spot gold dropped 0.8% to $4,461.51 per ounce, as of 1001 GMT, after briefly touching a more…

Read More “Gold drops as traders reassess US-Venezuela relations” »

Business

Gold, silver futures hit record highs on rate-cut hopes, tensions

Posted on December 23, 2025 By admin
Gold, silver futures hit record highs on rate-cut hopes, tensions

In 2025, gold has soared by 70%, putting it on course for its strongest annual gain since 1979. File | Photo Credit: Reuters Gold and silver prices dominated their record-breaking run on Tuesday (December 23, 2025) as investors stacked up safe-haven assets amid rising geopolitical tensions and growing anticipation of interest rate cuts next year by…

Read More “Gold, silver futures hit record highs on rate-cut hopes, tensions” »

Business

Gold, silver regain sheen on Deepavali as safe-haven demand, value buying rise

Posted on October 20, 2025 By admin
Gold, silver regain sheen on Deepavali as safe-haven demand, value buying rise

Gold and silver prices regained their shine on Monday (October 20, 2025), rising in the domestic futures market as investors turned to value buying after a brief pullback from record highs and renewed appetite for safe haven assets amid global uncertainties. On the Multi Commodity Exchange (MCX), gold futures for December delivery climbed ₹982, or…

Read More “Gold, silver regain sheen on Deepavali as safe-haven demand, value buying rise” »

Business

Gold price soars ₹9,700 to storm past ₹1.3 lakh/10 g in Delhi as rupee hits record low

Posted on October 6, 2025 By admin
Gold price soars ₹9,700 to storm past ₹1.3 lakh/10 g in Delhi as rupee hits record low

Image used for representational purposes. File | Photo Credit: Reuters Gold prices skyrocketed by ₹9,700 to scale a fresh peak of ₹1,30,300 per 10 g in the national capital on Monday (October 6, 2025), lifted by safe haven buying in the overseas markets and depreciation in the rupee. According to the All India Sarafa Association,…

Read More “Gold price soars ₹9,700 to storm past ₹1.3 lakh/10 g in Delhi as rupee hits record low” »

Business

Gold declines from record high on profit booking, U.S. government shutdown worries

Posted on October 3, 2025 By admin
Gold declines from record high on profit booking, U.S. government shutdown worries

Gold prices fell ₹643 to ₹1,16,945 per 10 grams in futures trade on Friday (October 3, 2025), retreating from record high as investors booked profits amid caution over the US government shutdown and Fed policy outlook. On the MCX, gold futures for December delivery declined ₹643 or 0.55% to ₹1,16,945 per 10 grams in a…

Read More “Gold declines from record high on profit booking, U.S. government shutdown worries” »

Business

Gold Prices Fall To Rs 79,000 per 10 Grams, Silver Drops Rs 1,600

Posted on November 25, 2024 By admin
Gold Prices Fall To Rs 79,000 per 10 Grams, Silver Drops Rs 1,600

The price of gold with 99.5 per cent purity plunged Rs 1,000 to Rs 79,000 per 10 grams (Representational) New Delhi: Gold prices tumbled Rs 1,000 to slip below the Rs 80,000 level in the national capital on Monday amid weak global trends, according to local marketmen. The precious metal of 99.9 per cent purity…

Read More “Gold Prices Fall To Rs 79,000 per 10 Grams, Silver Drops Rs 1,600” »

Nation

Why is there an upward rally in gold prices? Explained

Posted on October 31, 2024 By admin
Why is there an upward rally in gold prices? Explained

The story so far: Mired amidst geopolitical tensions and economic uncertainty, spot price of gold scaled a record high of $2,758.37 for an ounce on October 23. At the time of writing, the yellow metal was priced at $2,731.45/ounce having marginally corrected course from the record high. In India, gold was mirroring the upward trajectory…

Read More “Why is there an upward rally in gold prices? Explained” »

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