Latest Updates Around The World
Gold and silver prices will remain firm tomorrow after US and Israeli attacks on Iran killed the country’s supreme leader, Ayatollah Ali Khamenei. Analysts expect high volatility as heightened geopolitical tensions could push investors to safe havens such as precious metals.Khamenei’s death, confirmed by Iranian state media earlier today, prompted warnings of sharp retaliation from […]
A group of smaller private and PSU banks with sizeable gold loans are turning the gold boom into a balance sheet bonanza, while rising prices and a surge in secured credit demand are boosting growth, margins and asset quality.In the December quarter, CSB Bank led the pack with gold loans constituting a whopping 51% of […]
Shares of retailer Kalyan Jewelers India hit the 10% upper limit on BSE, rising to Rs 417.75 after the jeweler’s blockbuster third-quarter profit triggered a flurry of bullish brokerage calls with price targets as high as Rs 750, a potential upside of 80% from current levels.The shares remained stuck after the company reported a staggering […]
Domestic gold recovered losses of around Rs 9,500 per 10 gram, or nearly 7%, after touching the day’s low of Rs 1,38,634 per 10 gram, to settle at Rs 1,48,104. As gold futures opened with a gap-up, prices came under sharp pressure amid profit booking ahead of the Budget 2026 announcements. The correction on the […]
Gold fell more than 4% on Thursday as investors took profits after hitting a record high, but prices still remained on track for their best month since the 1980s amid heightened economic and geopolitical uncertainty.Gold was 4.6% lower at $5,149.99 an ounce at 10:48 a.m. ET (1548 GMT), having previously reached $5,594.82. U.S. gold futures […]
After gold prices hit an all-time high of $4,880 an ounce earlier this week and will rise nearly 70% through 2025, domestic brokerage SAMCO Securities has set a long-term target of around $7,040, indicating significant upside potential as the current cycle unfolds.The broker said the new peak confirmed the strength of gold’s underlying technical structure […]
Gold prices rose to a new record high, while silver traded just below its own all-time high, extending gains from the previous session. The rally followed the U.S. Supreme Court’s decision to delay any ruling on the legality of U.S. President Donald Trump’s trade tariffs, leading to renewed demand for safe havens for both precious […]
Gold prices crossed the Rs 1.5 lakh mark on Tuesday afternoon to extend gains from the previous session after US President Donald Trump announced tariff threats linked to Greenland for European countries, reigniting trade war concerns. The escalation of tensions has driven investors to safe havens and increased demand for the yellow metal.On the Multi […]
