Gold prices rose 0.88% to close at ₹98,579 today as investors turned more cautious after a series of weak economic reports from the US. The latest jobs report (JOLTS) showed that 7.39 million jobs were added in April. While the figure was higher than expected, it still showed uncertainty in the job market. Comments from…
In 2025, the price of gold is on a record-breaking upward trend, rising 23% this year and reaching new all-time highs. In the past year, gold has increased by 50%. The price of gold has doubled in less than two years and six months, and it has increased by 100% in less than three years….
Gold prices rose 0.32% to ₹87,554 on the back of continued uncertainty over US tariffs and their potential to dampen global economic growth. Also, Hong Kong’s gold imports from China rose 7.5% to 14.851 metric tonnes in February from 13.816 tonnes in January, indicating steady demand from the world’s largest gold consumer. The Fed kept…
Gold prices fell 1% on Friday after the release of US inflation data. The data was expected to indicate that the Federal Reserve will take a cautious approach to further interest rate cuts. Spot gold fell 1% to $2,846.19 an ounce. Silver saw its biggest weekly decline since November, falling 3.1% so far this week….
Gold prices closed down 0.79% at $85,196 as investors worried about a strong U.S. dollar and key inflation data. Uncertainty over U.S. trade plans also weighed on the market, with the U.S. President considering imposing a 25% “reciprocal” tariff on European automobiles and postponing additional tariffs on imports from Mexico and Canada until April 2….
Following an all-time high, traders booked profits, leading to a 0.24% decline in gold prices to ₹85,910 per 10 kg. The US President threatened a 25% tariff on vehicle imports and additional duties on pharmaceuticals. The gold price forecast for the year-end 2025 was revised upwards to $3,100 per ounce, with macroeconomic factors also weighing…
Gold prices rose 1.24% to $86,113 on concerns over the US President’s tax plans. A 9% price increase is expected by the end of the year on strong central bank demand, which is why Goldman Sachs (NYSE:GS) raised its 2025 gold price forecast to $3,100 per ounce from $2,890 per ounce. Following a report on…
Gold prices fell 0.05% to ₹85,481 as US inflation strengthened expectations that the Federal Reserve will reach a record low. The headline inflation measure was 3.3%, higher than forecast, and January inflation unexpectedly rose to 3%. Despite these challenges, gold prices have risen more than 10% since the start of the year, thanks to dovish…
