Tag: gold prices

A one kilogram gold bar at a Goldenmark bullion dealer arranged in Warsaw, Poland. (Bloomberg)
Posted in Business

Global gold prices plunge after biggest drop in a decade as rally unwinds| Business News

Gold prices fell, following its biggest plunge in more than a decade, and silver whipsawed in choppy trading after a dramatic pullback from record highs….

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Posted in Economy

Precious metals melt as $ flexes, world markets action heats up

Kolkata|Mumbai: Gold and silver plunged from parabolic highs Friday as a strong dollar and accelerated unwinding of yen carry trades hammered both spot prices and…

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Posted in Economy

Metals meltdown: Here’s the post-crash roadmap for gold and silver

Gold and silver ETFs slid by as much as 23% on Friday as investors locked in profits after a sharp pullback from record highs, reviving…

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Posted in Economy

Gold, silver prices at record highs: Why India may increase duties on their imports

India’s gold and silver imports surged to record levels last year, sparking concern among policymakers, with the government having few effective tools to curb inflows…

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“I only buy, I never sell,” Hong Kong billionaire Cheah Cheng Hye says of his gold investments. (YouTube)
Posted in Business

Hong Kong billionaire Cheah Cheng Hye puts quarter of his wealth in gold| Business News

For three decades, Cheah Cheng Hye was a face of value investing in Asia, building Value Partners Group Ltd. into a multi-billion dollar stock-picking powerhouse….

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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)
Posted in Business

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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