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 gold in India has fallen below Rs 95,000, reaching a one-week low as the yellow metal still faces challenges. Since the truce between India and Pakistan was established, the price of gold has dropped by Rs 3,430 per ten grams. Following the declaration of a truce by both India and Pakistan, tensions…
Gold prices rose in Asian trading on Friday after two days of declines. This happened as investors awaited Chinese trade talks and considered the implications of a new US-UK trade deal. At first, gold prices fell in early Asian trading as experts were unsure whether the UK deal would lead to less tension. But then,…
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…
In India, purchasing gold on Akshaya Tritiya is a long-standing custom that combines good fortune and faith. With an estimated 24,000 tonnes of gold, Indian families are the greatest single owners of the precious metal worldwide. Today’s gold rate in India is Rs 95,500, reaching an all-time high of Rs 1 lakh on April 22….
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…
