Gold prices across major Indian cities showed remarkable consistency. Only minor variations were observed due to local taxes, jewellers’ profit margins, and logistics costs. The spot price of gold, which is bought and sold for immediate delivery, was slightly above $4,451 per ounce on January 6. This represents an increase of 0.06 percent from the…
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…
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 fell 2.38% to ₹97,023 as investors questioned how long the ceasefire between Iran and Israel would last. Fresh reports of missile strikes and military action have re-ignited concerns, leading to uncertainty over the ceasefire. Another reason for the decline was that the US Federal Reserve chairman said in a speech that while inflation…
Gold prices rose 0.12% to ₹95,389 on mixed economic news from the US and strong investor sentiment. The small increase came as investors looked at fresh US data and comments from a White House adviser, with the revised data showing the US economy shrank by 0.2% in the first quarter of 2025, better than the…
Gold prices fell marginally to ₹95,536 as many traders decided to book profits after recent gains. The recovery in the US dollar index after three days of decline also contributed to the small decline. Even with the decline, the long-term outlook for gold remains strong. Concerns about the US economy, especially after Moody’s downgraded the…
