Gold prices rose 2.17% to Rs 94,649 as the US dollar weakened and people became more optimistic about US-China trade talks. Gold prices in India rose to a premium for the first time in five months due to low prices and high demand during the festive season. Dealers, who previously offered big discounts of up to $80 per ounce, are now charging an additional $3,
Global gold demand rose 1% to 1,206 metric tonnes in the first quarter of 2025, the World Gold Council said. Investment demand rose 170% on strong interest in gold ETFs and a 14% increase in bullion purchases. The increase offset a 32% drop in currency purchases.
