Gold and silver reached new record highs on Friday as investors flocked to safe-haven assets amid rising global tensions and a weakening US dollar.This shift was largely driven by geopolitical factors. Silver followed gold’s advance, boosted by its industrial applications, particularly in electronics and clean energy technologies, and its safe-haven appeal. Analysts say that while…
After a strong performance this week, gold prices fell slightly in Asian trade on Thursday. Investors are increasingly optimistic that the US Federal Reserve (Fed) will cut interest rates in December. It also weakened the US dollar, which lifted the prices of metals including gold this week. Platinum was weak on Thursday, but silver prices…
Gold prices continue to rise as expectations of a December rate cut grow. Traders in Asia pushed gold prices higher on Tuesday, Recently, markets increased expectations for a December rate cut after two Fed officials voiced support for a rate cut next month. Gold has hit several new highs this year since the Fed cut…
UBS has raised its gold price forecast for mid-2026. The reasons for the increase in gold prices this year are expected to continue strong demand from investors and central banks. Gold rose very quickly in 2025 and has since remained above $4,000 per ounce. UBS experts say their expectations have not changed. They now expect…
Gold prices rose in Asian markets on Friday, as tensions over the US economy increased after the US Federal Reserve said it would cut interest rates in December. This week, gold easily surpassed the key $4,000 an ounce mark, marking its first weekly gain in four years.Other precious metals have also risen in price. Spot…
The Reserve Bank added 0.2 metric tons of gold holdings in the final week of September, bringing its total reserves to over 880 metric tonnes in the first half of 2025–2026. The most recent statistics from the RBI shows that as of September 26, 2025, the total value of the gold was USD 95 billion….
Amid indications of a reduction in trade hostilities between the United States and China, as well as speculators taking advantage of bullion’s recent record rally to profit while they awaited U.S. inflation data later this week, gold prices continued to decline on Wednesday. Spot gold was trading at $4,109.19 an ounce, down 0.4%. Tuesday saw…
Gold prices rose 1.45% to ₹101,204 as investors expected the US central bank to cut interest rates soon. There is an 81% chance of a rate cut in September. Gold was also boosted by rising global tensions. The president raised import duties on goods from several countries to between 10% and 41%. Citi raised its…
Gold prices fell 0.28% to 97,545 as the US dollar strengthened after the US-EU trade deal. At the same time, the US imposed a 15% tariff on some European goods. This increased demand for the dollar and lowered gold prices. In June, Swiss gold exports rose 44% to their highest level since March, with large…
Gold prices fell 0.91% to $99,417 on Wednesday, as a series of new trade deals boosted investor confidence. This included lower-than-expected reciprocal tariffs of 15%, below the threatened 25%. Similar deals with the Philippines and Indonesia further dampened demand for gold, with market attention now turning to next week’s Federal Reserve meeting, when rates are…
