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, …
Introduction: A New Dip in Gold Prices Gold, often seen as a safe haven during uncertain times, has been hit hard recently, breaking below the $2700 mark. This key level has been critical in both uptrends and downtrends, and its recent fall signals a shift in the gold market. But why did this sudden drop …
As the festive season of Dhanteras 2024 (Dhantrayodashi 2024) and Diwali 2024 approaches, both gold and silver prices are showing significant upward momentum. Silver has recently surpassed the Rs 1 lakh mark in the physical market, while in the global arena, Comex silver prices have surged past $34.50 per ounce, reaching their highest levels in …
Gold Shines Bright Amidst Market Volatility As the Indian equity benchmark indices started the week in the red, one asset class stood out: gold. Often considered a safe-haven investment, the yellow metal is trading near its all-time highs. With the festive season of Diwali around the corner, gold is shining brighter than ever. For the …
Indian investors hold a very invaluable and unique position as they ride the current bull market cycle for gold as an asset. The key financial instrument that investors are preferring is the Gold ETF. With Sovereign Gold Bonds somewhat out of the market, Gold ETFs are what investors are focusing on for their gold investments. …
The Securities and Exchange Board of India (SEBI) has issued a master circular consolidating all guidelines related to trading gold on the Gold Exchange, also known as electronic gold receipts (EGRs). This comprehensive document includes rules on risk management and procedures for vault managers and depositories, providing stakeholders with a single reference point for all …
