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In Dubai, traders have begun offering gold at discounts of up to $30 per ounce compared with the benchmark price in London. (AI image) US-Irasel-Iran war impact on gold prices: In UAE’s Dubai, which finds itself in the midst of the escalating Middle East crisis, the yellow metal is now available at very steep discounts….
Gold’s long-term outlook remains bullish as global de-dollarisation, rising fiscal stress and escalating geopolitical tensions reshape the global financial order, according to a report by Motilal Oswal Financial Services Ltd (MOFSL).In its latest Precious Metals Quarterly Report, the brokerage said gold prices crossed the $5,000 per ounce mark in early 2026, marking one of the…
US equities moved in mixed territory early Wednesday, with technology stocks continuing to weigh on sentiment, while gold prices rebounded and moved back above the $5,000-per-ounce mark as investors sought safe-haven assets.The S&P 500 slipped 0.1% in early trade, coming off its fourth modest decline in the last five sessions. The Dow Jones Industrial Average…
US stocks opened with modest gains on Monday as investors turned their focus to a busy earnings calendar and the upcoming policy meeting of the US Federal Reserve, while gold surged past the $5,000-an-ounce mark for the first time.The S&P 500 rose 0.4% in early trade, coming off its second consecutive weekly loss. The Dow…
Silver prices surged to an all-time high of $100 an ounce on Friday, crossing the milestone level for the first time as investors flocked to safe-haven assets amid growing uncertainty surrounding the policies of US President Donald Trump, according to AFP.The precious metal touched a record $100.29 per ounce in trade, extending a rally that…
Why Rich Dad Poor Dad author thinks silver is superior to gold (Picture credit: X/@theRealKiyosaki, Google Gemini) Financial author Robert Kiyosaki on Thursday took to X to highlight silver’s rising importance in the global economy, describing it as “superior” to gold in the Technology Age. In his post, Kiyosaki wrote, “Gold and silver have been…
Silver continued its glittering rally on Monday, surging past the $80-an-ounce mark. The white metal’s momentum was lifted by tight supplies, rising industrial demand and expectations of further US interest rate cuts. Besides silver, platinum also touched a record high, briefly.Spot silver jumped 3.8% to $82.15 an ounce, after earlier hitting an all-time high of…
Silver prices climbed to fresh lifetime highs in both domestic and international markets on Friday, driven by strong global cues and thin year-end trading, according to the All India Sarafa Association.In the national capital, silver soared by Rs 9,350 to close at a record Rs 2,36,350 per kilogram on Friday, up from Rs 2,27,000 per…
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…
Silver prices surged to fresh record highs in domestic and overseas markets on Wednesday, driven by a weaker US dollar, expectations of easier monetary policy and rising geopolitical tensions.In the national capital, silver jumped by Rs 9,750 to hit an all-time high of Rs 2,27,000 per kilogram, according to the All India Sarafa Association. The…
