Gold prices in Asian trading on Monday surpassed $4,700 per ounce, reaching an all-time high, following the US President’s imposition of new trade tariffs on eight European countries in connection with his attempt to purchase Greenland. This decision provoked strong condemnation from European politicians. As a result, investors sought refuge in precious metals. On Monday,…
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 ending last year with record gains, gold prices rose in Asian trading on Friday, the first trading day of 2026. Demand for gold increased again due to the decline in the value of the US dollar and expectations of interest rate cuts. After falling from record highs in the last week of 2025, gold…
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 are currently forecast to rise from the current $3000 to $4000 per ounce. It is considered very important to predict that the price will rise to $3000 when it starts at $1800, when it is already approaching $2900. Although it is not specified exactly when gold will reach $4000, it is expected that…
Gold prices closed up 0.26% at 85,874 as market attention continued on the US President’s tax measures that have fueled fears of a looming trade war. India’s gold imports are expected to fall by a staggering 85% in February from a year earlier, hitting their lowest level in 20 years as a result of ongoing…
Gold prices fell 0.34% to ₹85,523 after hitting a record high as investors booked profits. The decline was driven by concerns over a global trade war following the US President’s decision to impose 25% tariffs on steel and aluminium imports. Also, for the third consecutive month, China’s central bank increased its gold reserves, which totalled…
