gold prices

Expert Speak: Samvat 2081 has potential overall, but volatility to persist in stock market, says Aamar Deo Singh

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Expert Speak: Samvat 2081 has potential overall, but volatility to persist in stock market, says Aamar Deo Singh

Share market today: In a recent conversation with Mint, Aamar Deo Singh, Senior Vice President of Research at Angel One Ltd, emphasized that Samvat 2081 holds promise overall, yet volatility will persist due to the current state of the global economy and geopolitical tensions. Significant market swings, which offer both opportunities and challenges, will necessitate … Read more

Gold prices rise 0.41% to ₹79,554 amid festive season demand; silver plummets 1.27%

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Gold prices rise 0.41% to ₹79,554 amid festive season demand; silver plummets 1.27%

Gold prices on Wednesday, October 30, rose 0.41 per cent or ₹321 to ₹79,554 per 10 grams of the yellow metal as of 9:06 p.m. (IST), compared to its previous close at ₹79,233 per 10 grams, according to data collected from Multi Commodity Exchange of India (MCX) on Gold Futures contract of December 5, 2024. … Read more

Gold vs silver: Where should you invest in Samvat 2081?

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Gold vs silver: Where should you invest in Samvat 2081?

Gold and silver prices in India are currently trading near record highs amid the Diwali festive season. The MCX gold rate has surged close to ₹80,000 per 10 grams, while silver prices are approximately ₹99,000 per kilogram, after briefly crossing the ₹1,00,000 mark earlier this month. Gold has delivered a substantial return of over 33.5% … Read more

These 9 Gold ETFs delivered nearly 27% return since last Diwali; check details

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These 9 Gold ETFs delivered nearly 27% return since last Diwali; check details

If you plan to invest in digital gold this Diwali, remember that you have several options, including gold mutual funds, gold ETFs and gold bonds. With the government planning to discontinue gold bonds, investors can consider investing in gold ETFs and gold mutual funds. There are 17 gold exchange-traded funds (ETFs) with total assets under … Read more

Gold hits record high on global uncertainties; silver marginally down

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Gold hits record high on global uncertainties; silver marginally down

Gold prices reached all-time highs on Wednesday, bucking the trend of a rising dollar, which put additional pressure on both the yen and the euro. Meanwhile, global stocks dipped as investors hesitated to make significant investments in light of the upcoming U.S. election. As of 0748 GMT, spot gold was trading at $2,754.25 per ounce, … Read more

Gold prices may fall in the coming months. Here’s why that’s great news.

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Gold prices may fall in the coming months. Here’s why that’s great news.

Yet the headline of this article seems contradictory and misleading. I assure you it is not. I am as bullish as ever on bullion, and this piece offers a rational look at how financial markets are expected to price assets in 2025. It is a known fact that prices seldom move in a straight line. … Read more

Fed rate cut: How will it impact gold prices in near term? Experts weigh in

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Fed rate cut: How will it impact gold prices in near term? Experts weigh in

The bullion has experienced a decline every September since 2017, with an average drop of 3.2 per cent during this month—making it the worst-performing month of the year, significantly underperforming the monthly average gain of 1 per cent, according to reports. Gold’s recent gains have been fueled by expectations that the Federal Reserve will begin … Read more

Wall Street today: S&P 500 rises 1% on July’s retail sales data; Tesla up 4%

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Wall Street today: S&P 500 rises 1% on July’s retail sales data; Tesla up 4%

Wall Street’s major indexes climbed roughly 1% following July’s retail sales data, which suggested strong consumer spending and eased concerns about a possible imminent recession in the world’s largest economy, on Thursday. At 9:35 a.m. ET, the Dow Jones Industrial Average rose by 503.66 points, or 1.26 per cent, reaching 40,512.05. The S&P 500 increased … Read more

Budget 2024: Will the new tax laws on gold impact your personal finances? Experts weigh in

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Budget 2024: Will the new tax laws on gold impact your personal finances? Experts weigh in

Do you like investing in gold or invest in gold for diversification of your portfolio? Then you need to know about the recent changes concerning gold that came out in yesterday’s budget. In this article, we will look into the changes and how they might impact your personal finances. The first thing that caught everyone’s … Read more

Gold price today: Precious metal reaches all-time high on Fed rate cut expectations; silver marginally up

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Gold price today: Precious metal reaches all-time high on Fed rate cut expectations; silver marginally up

Gold prices surged over 1 per cent to a record high on Tuesday as investors turned to the safe-haven asset following comments from Federal Reserve officials that solidified expectations for a U.S. interest rate cut in September. By 11:01 a.m. ET (1501 GMT), spot gold increased by 1.3 per cent to $2,452.29 per ounce, while … Read more