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
Tahir Badshah of Invesco Mutual Fund advises investors to temper return expectations from gold to 10-15%, down from the recent 30-50% surge. He attributes the past rally to central bank buying, a trend he feels has reached a mature stage.
Spot gold was steady at $4,037.95 per ounce as of 0439 GMT, erasing a 0.5% drop in early trade. The metal touched a record high of $4,059.05 on Wednesday
Market experts said expectations of monetary easing, coupled with geopolitical and trade-related risks, are likely to keep gold and silver prices elevated in the near term.
Bullion traded near $3,773 an ounce as markets opened on Monday, less than $20 shy of a record-high reached last Tuesday
Spot gold was up 0.4% at $3,654.09 per ounce, as of 0931 GMT, after hitting a record high of $3,659.10 earlier in the session
The organised retail market share in the jewellery business has been consistently rising from 32 percent in 2020 to 40 percent this year, with high demand and ownership in the rural India.
Spot gold was down 0.3% at $3,386.30 per ounce, as of 0305 GMT, after hitting its highest since July 23 earlier in the session. Bullion is up 0.7% so far this week
Gold rate today: Yellow metal's October contracts on MCX opened at Rs 98,702 per 10 grams today.
Gold demand in the world's second-biggest consumer of the precious metal could stand between 600 metric tons and 700 metric tons in 2025, the lowest since 2020
The underlying reasons to invest in gold remain unchanged
Lenders have until April 1, 2026, to comply with the new norms
If the middle east conflict remains restricted, or even subside, one could see the market impact wear off, said Chirag Mehta, the CIO at Quantum AMC. However, the markets are at risk of a correction as valuations have been cooled off, and there is't enough opportunity to deploy capital.
Central banks have been big buyers of gold and have skin in the game now