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MUMBAI: With a gain of over Rs 32,000/kg in just four sessions, the unabated rally in silver continued on Friday and the white metal traded at over Rs 2.35 lakh/kg mark in the domestic market, a new all-time high level. The rally in gold also continued, though at a slower pace, with the price moving…
Investors, led largely by younger buyers, purchased an estimated 12 tonnes of digital gold during January–November this year, according to data compiled by the World Gold Council (WGC) even as demand slowed after a recent regulatory caution from Sebi.The estimate is based on data from the National Payments Corporation of India (NPCI) on UPI transactions…
US stocks traded mixed on Friday as investors returned from the Christmas holiday in thin volumes, while gold and silver continued their sharp rally to fresh record highs amid safe-haven demand. In early trade, the S&P 500 edged up about 0.1% in early trade, holding on to modest gains for the week, AP reported. The…
India’s foreign exchange reserves rose sharply by $4.368 billion to $693.318 billion in the week ended December 19, data released by the Reserve Bank of India showed on Friday, PTI reported.The latest increase follows a rise of $1.689 billion in the previous week, taking the country’s overall forex buffer to its highest level in recent…
Gold price today: Precious metals continued their strong rally on Friday, with gold and silver scaling fresh record highs in both domestic and international markets, driven by firm global cues and sustained investor demand.On the Multi Commodity Exchange (MCX), gold crossed the Rs 1.39 lakh mark per 10 grams for the first time. Gold futures…
Whenever global risks rise, investors seek assets that preserve value, and bullion has historically played that role well. (AI image) Gold and silver dazzled investors in 2025. Gold prices surged close to 80% while silver outshone all asset classes with gains of nearly 150%. Such spectacular returns naturally lead to the question: should one load…
Bullion hits new highs: It was a shiny session for precious metals on Friday, with gold and silver scaling fresh lifetime highs as investors rushed to the safety of bullion amid expectations of US interest rate cuts and rising global tensions.Silver led the rally, extending gains for a fifth straight session. On the Multi Commodity…
Gold, silver and platinum surged to fresh record highs on Friday, driven by strong speculative momentum, and expectations of further US rate cuts amid rising geopolitical tensions.Silver crossed the $75-per-ounce mark for the first time, as both precious and industrial metals climbed to unprecedented levels amid economic and geopolitical uncertainty, Reuters reported. Major precious metals…
On the upside, MCX Gold has potential to advance toward the 145,000 level in the upcoming sessions. (AI image) Gold and silver price prediction: Gold prices are likely to maintain their uptrend and silver too is showing signs of strength, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group. He shares his…
Gold prices surged to fresh record levels in both domestic and international markets on Wednesday, driven by expectations of further monetary easing by the US Federal Reserve and heightened geopolitical tensions that boosted safe-haven demand.In domestic futures trade, gold prices climbed to a lifetime high of Rs 1,38,676 per 10 grams on the Multi Commodity…
