Tag: gold prices

Gold bars and coins made up a record 40% of total gold demand in India in 2025, underscoring the yellow metal's enduring role as a store of wealth in Indian households. (AFP)
Posted in Business

As gold prices hit records, Indians opt for bars and coins over jewellery| Business News

For nearly two decades, Mumbai homemaker Prachi Kadam marked every festive season with a gold jewellery purchase, blending tradition with personal style. This year’s record…

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Gold is on track for its best annual performance since 1979. (AFP)
Posted in Business

Gold rises to all-time high for 50th time in 2025 on rate-cut bets, Venezeula risk| Business News

Gold prices rose to an all-time high for the 50th time this year, asinvestors weighed escalating geopolitical tensions and the prospects for more US rate…

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A dovish Fed is positive for precious metals, such as silver and  gold, which typically benefit from low rates as they don’t pay interest. (Unsplash)
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Gold prices up, silver hits record after US Fed delivers rate cut and leans dovish| Business News

Gold prices rose for a third day after the US Federal Reserve delivered a widely expected interest-rate cut on Wednesday, while silver climbed to a…

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Gold has still gained more than 50% this year despite the recent pullback, and remains on course for the best annual gain since 1979. (Bloomberg)
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Gold holds three-day decline as expectations of another US Fed rate cut weaken| Business News

Gold prices held a three-day drop, hurt by fading expectations for another rate cut by the US Federal Reserve next month. Gold has still gained…

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Gold is still up about 55% this year and remains on target for its best annual performance since 1979. (AFP)
Posted in Business

Gold prices steady after two days of losses on dwinding US Fed rate cut bets| Business News

Bullion steadied following two days of losses that were spurred by fading optimism the US Federal Reserve will cut interest rates next month. Gold is…

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Gold is about 50% higher year-to-date, with prices touching a record last month before retracing some gains. (AFP)
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Gold rebounds on safe-haven demand as risk-off mood rattles markets| Business News

Gold rebounded as investors sought safety following a slump in global stocks due to concerns around elevated valuations. Gold is about 50% higher year-to-date, with…

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Gold Buying by Central Banks Up 10% in Q3
Posted in Economy

Gold buying by central banks up 10% in Q3

Central banks globally ramped up gold purchases in the third quarter of this calendar year, acquiring a net 220 tonnes of the yellow metal, or…

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The US dollar's weakness is supporting gold prices, which has seen significant profit-booking of late. (AFP)
Posted in Business

MCX gold, silver rise—check city-wise rates| Business News

The prices of gold and silver rose in India today amid a softer US dollar and healthy spot demand, even as bullion fell below $4,000…

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Gold prices are still up by more than 50% in 2025 as the fundamentals that pushed gold higher are expected to remain in place. (Unsplash)
Posted in Business

Gold prices dip below $4,000/ounce after China ends some tax incentives| Business News

Gold dipped below $4,000 an ounce after China ended a long-standing tax rebate for some retailers, a change that could weigh on demand in one…

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Higher interest-rates tend to pose a headwind for non-yielding gold. (AFP)
Posted in Business

Gold price rises amid conflicting views on more US Fed rate cuts in 2025| Business News

Gold staged a partial recovery following a run of losses as traders weighed conflicting views from the US Federal Reserve on chances of more rate…

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