Precious Metal

Silver ETFs have delivered outstanding year-to-date (YTD) returns above 83% and one-year returns of over 55%.

Goldman Sachs sees gold testing $5,000 if Fed's independence is 'damaged'

Some experts believe that rising concern over US central bank's independence may be undermining trust in dollar-denominated assets, pushing investors toward gold.

Gold, silver outshine stocks amid volatility and geopolitics, rally likely to extend

In the last fortnight, gold prices have gained nearly 6.5 percent on Comex – the platform for precious metal F&O trades - while silver has seen a rally of more than 10 percent.

Gold holds steady with focus on Donald Trump's policies

Spot gold eased 0.1% to $2,753.14 per ounce by 0852 GMT, trading in a tight range of $8. Prices hit their highest since October 31 on Wednesday

Gold gains 27% in 2024 to beat S&P 500 and Nifty 50 returns, forecasts see fresh highs ahead

The US Dollar, near two-year highs, will be a key factor for precious metals. Going forward, forecasts on the precious metals are extremely bullish, with UBS seeing gold at $2,900/oz by end of 2025 while Citi, Goldman Sachs and JPMorgan are pegging a target of $30,00 by December 2025.

Live: Gold hits record high again; Will it glitter further or consolidate? | Commodities Corner

Gold prices scale record highs above $2300 an oz. India Gold prices hit all time high at Rs 70248/10gms. MCX June futures lower than April futures. Gold supported from Geopolitical issues, central bank buying and short covering. Global Silver prices also at 26-month high. Catch Manisha Gupta with more details

Gold prices near all-time high — Key reasons for the surge and what lies next? | Commodities Corner

Gold prices are at an all time high above $2,250/oz after gaining 10% in Q1 of 2024. Strong gold retail buying in China & Turkey is one of the prominent reasons behind the price surge. Catch Manisha Gupta with more details

Live: 15x increase in gold ETFs accounts; Should you invest? | Commodities Corner

Catch Manisha Gupta in conversation with Vikram Dhawan, Head of Commodities & Fund Manager at Nippon India Mutual Fund for more details

Goldco Review 2024: Is It a Legit Gold IRA Company or Not

Read our Goldco Gold IRA review to determine if it’s the best choice for your Precious Metal IRA needs. Uncover features, customer feedback, & expert insights.

High demand in gold sector, market still at discount: PR Somasundaram

Almost 80 percent of the gold buying will happen through jewellery during Dhanteras, according to Somasundaram

International gold prices plunged 7% in June: Where is the yellow metal headed?

Improved economic outlook, prospects of central bank tightening will prove to be headwinds. But uncertainty on growth, inflation and other tail risks to economic cycle will support gold investment. Investors can buy on dips.

Jewellery sales to witness 25% growth in Dhanteras: Experts

"Market sentiment is looking up and the prices have more or less stabilised. Moreover, good monsoon and pent up demand will boost sales. We expect around 20-25 percent overall growth in sales this year," All India Gems and Jewellery Trade Federation (GJF) Chairman Sreedhar G V told PTI here.

Silver shines on charts: Fed rate hike may steal some gains

Technically, silver prices are hovering around its 200 DEMA which is acting as a crucial support at $17.30 levels.

As gold, platinum prices fall, investors flee metal funds

According to Bank of America Merrill Lynch's weekly flows report, investors yanked USD 1 billion from precious metals funds in the week to Nov. 25, the chunkiest outflow in 17 weeks. Data this week were based on four days of fund flows as opposed to the normal five due to Thanksgiving holiday, the bank said.

FinMin gives details of gold schemes, RBI to decide rates

The GMS provides an option to people to monetise physical gold by depositing them with authorised banks and earning interests from such deposits.

Diamond prices hit by stock market slump, China

Diamond prices softened in August, as the global stock market slump hit discretionary spending and jewelry demand in China thanks to a clampdown on luxury gift-giving and the slowdown in the world's second-biggest economy.

Gold extends weakness, dips below Rs 27,000 on global cues

Silver followed suit and plunged by Rs 770 to Rs 34,200 per kg on poor offtake by industrial units and coin makers. Bullion merchants said besides a weak global trend, slackened demand from jewellers and retailers at current levels mainly kept pressure on precious metals prices here.

Gold prices extend gains, now at 3-month high

Bullion traders said besides a firming trend overseas where gold recorded its biggest rally in seven months, brisk buying by jewellers to meet rising seasonal demand mainly lifted gold prices to almost a three-month high.

Gold rules firm for 9th day on global cues, seasonal demand

The yellow metal took positive cues from the global market amid pick-up in domestic demand. Silver, however, met with resistance at prevailing levels and dropped Rs 450 to Rs 35,950 per kg.

Gold regains Rs 26,000 mark, zooms Rs 600 per ten gram

The precious metal again topped USD 1,100 an ounce mark in the global market. The depreciation in rupee, which plunged to almost two-year low against the dollar, also supported the upside in the global prices as it would make imports costlier.

Gold crashes below Rs 25,000 to hit over 4-year lows

Moreover, the precious metal was trading at five-year lows in the global market. Besides, there was an easing demand from jewellers as retailers deferred their buying plans on hopes of further dip in the yellow metal prices.

Gold drops for third day on global cues, sluggish demand

Silver also shed Rs 50 at Rs 33,700 per kg on reduced offtake by industrial units and coin makers.

Gold may sink to $800: Louise Yamada

Gold is now down 13 out of the past 15 trading sessions, and according to one highly regarded technician, it's about to get even worse.

Gold remains flat on subdued demand, silver recovers

Traders said slackened demand from jewellers and retailers mainly kept pressure on gold prices but a firming global trend, restricted the fall.

Tariff value on imported gold cut for 2nd week straight

The government on Friday slashed the import tariff value on gold for the second straight week to USD 354 per 10 gm in line with weak global prices of the precious metal.