The precious metal has retreated sharply in recent days following a scorching rally that drove prices to a record above $4,380 an ounce last week.
Silver premiums over official domestic prices have come down to 25 to 40 cents per ounce this week from more than $5 earlier this month, dealers said
Analysts expect further downside in gold prices in November and December as seasonal demand tapers off after the festive period.
A surge in non-Russian oil sources could result in a spike in oil prices, is the fear. But a look at the physical and financial market points to enough reasons why that may not happen
Gold, being a non-yielding asset, typically performs well in a low-interest rate environment.
Munnot expressed confidence in Indian investors and said there is more maturity now among them
As India steps confidently into this new chapter, the India Web 3.0 Summit promises to bring together the thinkers, builders, and decision-makers shaping the country’s digital future.
Gold, Silver rates today on October 27 in India: After a scorching rally that pushed gold to a record high of just over $4,380 an ounce last Monday, prices have since pulled back amid signs of overbought conditions.
Retail demand weakened as consumers anticipated lower prices, though jewellers expect that any dip could revive festival-buying interest as the wedding season gathers pace
In Mumbai, the prices stood at Rs 125,620 per 10 grams for 24K gold, Rs 115,150 for 22K gold and Rs 94,220 for 18K
Gold rate on Oct 25 in India: Yellow metal breaks record rally in international bullion - Check 24K, 22K 18K rates across major cities - Full list
Tata Mutual Fund has resumed fresh investments in its Silver ETF Fund-of-Fund scheme
For Tata-owned Tanishq, exchanges are expected to account for nearly half of total sales value on Dhanteras this year, compared with about 35% a year ago
Bond yields inched lower as traders priced in a high likelihood of two interest rate reductions before the year is over.
Three-month futures rose more than 1% to approach $10,970 a ton in intraday trade in London.
Indian dealers were this week quoting a premium of up to $25 per ounce over official domestic prices, inclusive of 6% import and 3% sales levies, unchanged from last week.
Domestic gold prices were trading around Rs 122,700 per 10 grams on Friday after hitting a record high of Rs 132,294 last week
Gold prices in India ease to Rs 12,507/gram (24K) and silver to Rs 1.59 lakh/kg on Oct 24. Check latest city-wise gold and silver rates, MCX trends and global cues.
Since the start of the current fiscal year, the central bank has been steadily boosting its gold reserves while gradually cutting back on its holdings of US Treasury securities
Brent crude futures fell 17 cents, or 0.3%, to $65.82 by 0024 GMT. U.S. West Texas Intermediate crude futures were down 17 cents, or 0.3%, at $61.62
A scorching run that began in mid-August and pushed prices to an all-time high of $4,381.52 an ounce on Monday came to a screeching halt the following day, as investors took profits.
India is planning its first urea plant in Russia, with RCF, NFL and Indian Potash Ltd signing NDAs with Russian firms to secure long-term fertiliser supply.
Gold and silver prices in India fell on October 23 as profit-booking and easing global tensions weighed on sentiment. Check latest city-wise rates here.
Spot gold slipped to around $4,090 an ounce in early Asian trading on Thursday, reinforcing a technical reset
Prices are still up since the start of 2025. Gold sales often rise sharply amid wider economic uncertainty, as anxious investors seek a 'safe haven' for their money