Gold prices fell 0.78% to 92,441 on progress in US-China trade talks. The US cut tariffs on small Chinese imports and announced a 90-day pause in trade tensions with China. The measures reduced global uncertainty, making gold a “safe haven” investment. However, expectations that the US Federal Reserve may cut interest rates later this year…
The country’s foreign exchange reserves now hold around 12.46% of the Reserve Bank of India’s (RBI) gold reserves, a 25% increase since 2021. Over the past three years, central banks have increased their gold reserves by more than 1,000 tons, which is consistent with global trends. The Reserve Bank of India’s gold exposure in its…
Gold prices fell on Friday, heading for big weekly losses. Investors were more confident and less interested in safe-haven assets like gold as trade tensions between the US and China eased. Gold fell sharply from its recent highs as traders took profits. A strong US dollar and rising Treasury yields have caused such a change…
Gold is currently trading at $3,140, down more than 10% from its peak in April, marking a considerable decline in price from its all-time highs. Because of a decline in demand for safe-haven assets and a reduction in global trade tensions, the price has fallen more than 2% and hit a five-week low. The United…
The price of two common precious metals, gold and silver, is trying to bounce back from a sharp decline last week. The world’s instability and declining dollar have increased demand for safe-haven assets like gold and silver. While silver prices increased 1% to about $32.40 an ounce on Monday, gold prices in India increased by…
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…
Gold prices are witnessing a slight decline on the eve of Akshaya Tritiya on 30.4.2025. This is fueling the interest in buying gold among the people. As trade tensions between the US and China eased, gold prices fell significantly by 0.96% to close at 94,992. When Beijing decided to waive 125% taxes on some US…
Physical and exchange-traded funds are expected to drive demand for gold as the risk of a US recession increases. Reuters The company’s chief executive is more optimistic than ever about gold. It has made its third increase this year, increasing its prediction for gold prices to $3,700 an ounce by the end of 2025. Gold’s…
When markets were once again rocked by panic after Donald Trump acknowledged that his global tariff blitz might have “a transition cost,” gold hit a new high. After reaching a record high of $3,218.07, gold is currently trading at about $3,207. The current price of gold in India is Rs 93,380. On Thursday, gold prices…
Due to rising financial instability, the price of gold has surpassed the historic $3,100 threshold. Amid worries over Trump’s trade war, gold saw strong demand as a haven, pushing it above $3,100 on Monday to record an all-time high. At the moment, gold is trading at $3,111, the intraday high on the global market. Reports…
