Gold prices reached a multi-week high on Wednesday, buoyed by a weaker dollar and heightened safe-haven demand due to uncertainties surrounding US President Donald Trump’s trade policies. Trump’s first day in office initially improved risk appetite, only to turn risk-averse after he hinted at imposing tariffs on Canada and Mexico while signing a series of …
Gold prices witnessed significant volatility earlier in the day on December 23, 2024, as the markets reacted to a strengthening US dollar and rising bond yields. This fluctuation came on the back of recent macroeconomic data highlighting the robustness of the US economy. Despite these developments, a decline in US inflation helped ease concerns about …
On Monday, January 13, 2025, crude oil prices rose by approximately 2%, reaching $80.99 at 08:35 AM IST. This increase follows a strong rally last week, driven by the United States’ imposition of tough sanctions on Russian oil exports. On Friday, January 11, 2025, oil prices surged nearly 3%, hitting their highest level in three …
As the equity market continues to experience volatility, gold has emerged as a safe-haven asset, leading to a surge in investments in gold Exchange Traded Funds (ETFs) in India. The World Gold Council (WGC) revealed that December 2024 marked the 8th consecutive month of inflows into gold ETFs, reflecting a shift in investor sentiment amidst …
Gold Prices Surge on January 2, 2025 Gold and silver prices have slipped lower at the start of the week. On January 6, 2025, as of 12:23 PM IST, the spot gold price in the international market had dropped by 0.35% to $2,631.57 per ounce. Meanwhile, silver prices have corrected by 0.20% to $29.55 an …
Gold Prices Surge on January 2, 2025 Gold prices remained positive in the second trading session of 2025, supported by a flat dollar. In the international market, spot gold rose by 0.30% to $2,632.39 as of 10:17 AM IST. In India, gold prices surged on January 2, 2025. The 24-carat gold price in Mumbai increased …
In 2024, gold and silver have given higher returns than the Nifty and Sensex, with year-to-date gains of 26% and 34.4% respectively. This strong performance has been fuelled by geopolitical uncertainties, central bank actions, and anticipation of lower interest rates. Gold prices surged across major metro cities in India on December 31, 2024. In Mumbai, …
Gold prices surged across major metro cities in India on December 30, 2024. The price of 24-carat gold rose by ₹160 to ₹75,920 per 10 grams in Mumbai, while 22-carat gold increased by ₹150 to ₹72,300. In Delhi, the 24-carat gold price climbed above the ₹76,100 mark, rising by ₹160 to reach ₹76,130 per 10 …
Oil Prices See Uptick as US Hints at Stricter Sanctions Oil markets opened on a positive note Thursday, driven by rising geopolitical tensions and evolving market dynamics. West Texas Intermediate (WTI) traded above $70 per barrel, gaining momentum after a 2.5% rally on Wednesday, while Brent crude edged close to $73. US Treasury Secretary Janet …
Gold Prices Near Monthly Low as Dollar Strengthens and Inflation Looms Gold prices remained close to a one-month low on Tuesday, November 12, reflecting investor caution as they wait for crucial economic data from the United States. Spot gold slightly decreased by 0.1% to $2,617.15 per ounce, marking its lowest point since October 10. Meanwhile, …
