The precious metal had climbed more than 20% just this month, with some technical indicators pointing to a near-term price correction.
This year, silver prices have risen Rs 1,65,500, or 69.2 per cent, from Rs 2,39,000 per kg recorded at the end of last year.
Spot gold was up 1.4% at $5,259.78 an ounce by 09:13 a.m. ET (1413 GMT) after touching a record $5,311.31. Prices gained more than 3% in the previous session
Markets are waiting for Europe’s response to Trump’s threat to impose tariffs on eight European nations that oppose his Greenland ambitions
Analysts say that increased geopolitical tensions across many global flashpoints have bolstered gold status as preferred safe-haven investments.
Gold prices are likely to significantly more than double from here to hit $10,000 by the year 2029-end, according to market strategist Ed Yardeni. He has the same price target for S&P 500 as well, citing the long term identical trend for both asset classes.
India’s December gold futures closed the trade strong yesterday, moving closer to its highest level since October 17 when the price hovered just above Rs 1,32,294.
Gold price traded strong yesterday at Rs 1,31,000, inching closer to the all-time high of Rs 1,32,250 made before Diwali.
Gold purchases by the central bank was identified by the participants of the survey as the biggest catalyst for further price gains in 2026 . Fiscal concerns, cited by 27%, emerged as the second-largest driver.
The increase in gold prices can be attributed to increased demand for safe-haven assets and the anticipated increase in activity, particularly among traditional buyers during the ongoing wedding season
The price of gold is experiencing fluctuation due to cautious investor sentiment amid ongoing global supply pressures.
The price of gold is experiencing a slight increase due to investor interest, despite ongoing global supply pressures.
The price of gold in the domestic market is up 0.43 percent from the previous close.
Gold prices have inched up on strong wedding-season demand, while silver has slipped 1.94 percent.
Their family-run firm that’s doled out gold loans for almost nine decades is on a roll as consumers take advantage of surging bullion prices to swap jewelry for short-term cash
Gold and silver price in the domestic market tick up.
Gold and silver prices vary across states and cities. These precious metals continue to maintain its safe-haven appeal across households, investments, and industries.
Why gold’s role as a portfolio diversifier has strengthened
Munnot expressed confidence in Indian investors and said there is more maturity now among them
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
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
Gold prices in India dropped Rs 3,380 per 10g as global profit-booking hit bullion after record highs. Silver too fell, extending its losing streak.
Higher metal prices raise the marked-to-market value of pledged jewellery, improving loan-to-value (LTV) cushions for the same quantum of lending
Bullion has risen about 5% so far this week and touched a peak above $4,227 an ounce on Thursday, as a breakneck rally underway since mid-August extended