Plus inflation expectations
'A US-China tariff truce and stable India-Pakistan relations weighed on gold prices,' says Way2Wealth Brokers.
Gold prices plunged to five-month lows amid easing geopolitical tensions and trade concerns, reducing safe-haven demand.
The progress in US-China tariff talks and easing of India-Pakistan tensions could result in a correction in gold prices in the near term, say experts.
Gold rates on May 13: Gold's June contracts on the Multi Commodity Exchange of India (MCX) opened at Rs 92,885 per 10 gram today.
In the Indian markets, the price fell by around Rs 3,740 per 10 grams to touch Rs 95,930. Gold prices had crossed Rs 1 lakh mark last month amidst global uncertainties and tariff wars.
Market veteran and founder of Quant Mutual Fund said he is constructive on the markets and is taking opportunities wherever he sees
International gold was trading 2.25 percent down at $3,309.58 per 10 oz at around 11.30 PM.
The upward movement followed the US Federal Reserve's decision to maintain current interest rates, coupled with warnings about inflation risks and weakening labour market conditions — factors that have strengthened market expectations for potential rate cuts if economic growth slows.
Gold's June contracts on the Multi Commodity Exchange of India (MCX) opened at Rs 97,323 per 10 gram today.
The company is in talks for a $500 million-equivalent loan in Japanese Yen, expected to be finalised by September, says Sanjay Kulshestha
Despite escalated Indo-Pak tensions following Operation Sindoor, Indian markets showed resilience, closing slightly higher. Investors should maintain discipline, diversification, and liquidity to manage potential volatility.
The yellow metal is likely to be in focus in the backdrop of rising tensions between the two neighbours and worries of an escalating armed conflict.
As major global economies struggle with sluggish growth and the effects of Trump’s tariffs, India has emerged as a rare bright spot in the April 2025 PMI data
Gold's June contracts on the Multi Commodity Exchange of India (MCX) opened at Rs 95,200 per 10 gram on May 6.
Gold is not considered a productive asset as it does not generate cash flows but is still an excellent portfolio diversifier
Gold's June contracts on the Multi Commodity Exchange of India (MCX) opened at Rs 93,249 per 10 gram on May 5.
"But while we're being patient, never underestimate the amount of reading and work that's being done to be prepared to act quickly, because we do know... that when the opportunity presents itself, we're ready to act," said Warren Buffett while speaking at Berkshire Hathaway shareholder meet.
Chasing top-performing mutual funds based on past rankings can be misleading due to market dynamics and cyclical performance; focus on rolling returns, risk and consistency for long-term wealth creation instead.
Swiggy's reaction to confused social media users was: 'Real gold delivery karne ke liye real security chahiye bro (Real security for real gold).'
"The sharp decline in gold price follows renewed optimism over global trade deals, particularly between the US and China, which has significantly reduced safe-haven demand for gold," says Jateen Trivedi from LKP Securities.
Sebi chairman Tuhin Kanta Pandey has said that the TER issue is not currently under review even as the regulatory body is looking at simplifying most of the regulations with an aim of ‘optimum regulation’.
Gold's June contracts on the Multi Commodity Exchange of India (MCX) opened at Rs 95,353 per 10 gram on April 30.
Plus agriculture and diversification
As Utah moves to let vendors accept gold and silver as payment, some see the glint of a gold standard revival. But beneath the shine lies a system still deeply rooted in fiat currency realities