Gold and silver prices are expected to continue their upward trend next week, driven by anticipation of key US inflation data and Federal Reserve signals, though profit-booking may occur at higher levels.
Gold prices surged in futures trading due to escalating US-Iran tensions, driving demand for the safe-haven asset.
Gold prices fell by Rs 400 to Rs 1.6 lakh per 10 grams in the national capital on Thursday amid weak global trends and receding expectations of an interest rate cut by the US Federal Reserve.
Precious metal prices, particularly gold and silver, experienced a significant surge in the national capital as investors sought safe-haven assets amid escalating hostilities in the Middle East.
Gold prices surged by Rs 4,000 to touch an all-time high of Rs 1,37,600 per 10 grams in the national capital on Monday, tracking firm global cues, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity had closed at Rs 1,33,600 per 10 grams on Friday.
A range of new luxury cars were unveiled at the Geneva International Motor show.
The Germans, Swiss and French get ready for Christmas.
Gold imports climbed 349.22 per cent to $12.07 billion in January, while silver imports rose 127 per cent to $2 billion.
Switzerland has opened the largest and deepest railway tunnel across the Alps.
UBS has turned bullish on emerging markets (EM), including India, as it finds benign macro trends, positive momentum in earnings revisions, and resilient EM currencies helping these economies sustain higher valuations and attracting flows. Among regions, it has upgraded Mainland China to 'attractive' and China Tech to 'most attractive', while downgrading Philippines to 'neutral'.
Gold prices tumbled by Rs 1,550 to Rs 91,450 per 10 grams in the national capital on Monday amid heavy selling by jewellers and stockists as well as weak global trend, according to the All India Sarafa Association. On Friday, the precious metal of 99.9 per cent purity had finished at Rs 93,000 per 10 grams.
The Gotthard Base Tunnel is one of the world's most beautiful engineering marvels.
Going beyond the annual WEF Summit...
India's merchandise trade deficit widened to a record $41.68 billion in October, as gold imports trebled and outbound shipments registered their sharpest contraction in 14 months, according to data released by the commerce department.
Rising for the sixth consecutive session, gold prices rallied Rs 1,000 to hit yet another record high of Rs 105,670 per 10 grams in the national capital on Monday, lifted by expectations of a rate cut by the US Federal Reserve this month and robust demand in overseas markets.
American Aleia Hobbs won the women's 100 metres at the Diamond League meeting in Lausanne, beating Jamaica's Shericka Jackson in a photo finish on Friday.
As the rally in precious metals takes centre stage in 2025, most analysts recommend a larger allocation to gold over silver despite the latter's outperformance this year. In the current calendar year (CY25), spot gold prices in dollar terms rallied
Gold prices are expected to maintain their upward momentum though some consolidation could set in ahead of the US Federal Reserve's policy decision on September 17, analysts said. Traders will focus on the trade inflation data to gauge the impact of tariffs, inflation numbers from major economies including UK and Euro zone, along with monetary policy meetings of Bank of England and Bank of Japan which will provide more guidance for bullion prices, they added.
Finance Minister Nirmala Sitharaman on Monday clarified in the Lok Sabha that India's rising gold reserves, including those held by the Reserve Bank of India (RBI), is not intended to replace any international currency.
The women's doubles pair of Treesa Jolly and Gayatri Gopichand lost to top seeds Chen Qing Chen and Jia Yi Fan of China 18-21, 11-21.
Femke Bol ran the 400 metres in 49.26 seconds at the Dutch Indoor Championships in Apeldoorn
The gold loan portfolio of banks continued to show strong off-take with 76 per cent year-on-year (Y-o-Y) growth in January 2025 amid moderation in retail credit - especially in the unsecured credit segment - following increase in risk weights in November 2023. The gold loan pool had grown 17.4 per cent Y-o-Y in January 2024.
Gold prices rallied Rs 910 to hit a fresh all-time high of Rs 83,750 per 10 grams in the national capital on Wednesday due to heavy buying from jewellers and retailers, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity had settled at Rs 82,840 per 10 grams in the previous trading session.
The Ministry of Labour & Employment is investigating alleged "unsafe and exploitative work environment" days after the tragic demise of Anna Sebastian Perayil who worked with S R Batliboi, a member firm of EY Global. Perayil was a 26-year-old chartered accountant (CA) who died allegedly due to extreme work pressure at the firm. "Deeply saddened by the tragic loss of Anna Sebastian Perayil.
Gold prices rallied by Rs 630 to a lifetime high of Rs 82,700 per 10 grams in the national capital on Wednesday following persistent buying by jewellers and retailers amid strong global trends, according to the All India Sarafa Association. Rallying for the sixth straight session, gold of 99.5 per cent purity appreciated by Rs 630 to hit a lifetime high of Rs 82,330 per 10 grams.
Maharashtra has bagged investments worth around Rs 45,900 crore on the first day of the Annual Conference of World Economic Forum underway in Davos, Switzerland, said state Industries Minister Uday Samant. This investment is likely to create direct employment for at least 10,000 people in the state, said Samant on Monday. "Chief Minister Eknath Shinde has arrived at Davos today (Monday) for the international conference of the World Economic Forum and he visited the Maharashtra Pavilion prepared at Davos.
Shelly-Ann Fraser-Pryce stormed to victory in the women's 100 metres at the Diamond League final in Zurich on Thursday to claim her fifth win in the season-ending event and American Trayvon Bromell triumphed in the men's race.
The German team wore fuchsia unitards - combined leotards and leggings extending to the ankles - at their podium training in Tokyo
"FIFA is not a 'non-profit association' but a profit machine on the back of human rights," said Aline Trede, from the Green party.
Roger Federer claimed an eighth Swiss Indoor title when he outlasted Argentina's Juan Martin del Potro 6-7(5), 6-4, 6-3 in front of a partisan Basel crowd on Sunday.
Blatter said the recent World Cup in Qatar was emblematic of the larger issue affecting his sport: over-commercialization.
Gold future prices sustained upward trend for the fourth straight session by surging Rs 2,048 to hit a fresh record high of Rs 100,000 per 10 grams as investors rushed to safe havens after US President Donald Trump indicated plans to overhaul Federal Reserve amid continuing global trade war jitters. On the Multi Commodity Exchange (MCX), the August delivery contract of the yellow metal bounced by Rs 2,048 or 2.1 per cent to hit a fresh peak of Rs 100,000 per 10 grams in the mid-session trade.
Sepp Blatter, the former president of world soccer's governing body FIFA, said on Tuesday he was in Moscow 'to enjoy the World Cup'.
Undeterred by the growing number of coronavirus cases in Europe and elsewhere, Santa is on his way.
World number three Roger Federer beat Romanian qualifier Marius Copil 7-6(5), 6-4 to win the Swiss Indoors on Sunday and claim his 99th career title in front of his home crowd in Basel.
In mixed doubles, the husband-wife Indian pair of B Sumeeth Reddy and N Sikki Reddy defeated Malaysia's Wong Tien Ci and Lim Chiew Sien 21-17, 21-19.
Following is a list of high-ranking officials to have been implicated or punished in the bribery and corruption crisis that has engulfed FIFA.
FIFA's disciplinary committee will be asked to look into allegations of discrimination raised by the Palestinian Football Association (PFA) after it submitted a proposal to suspend Israel in May, world soccer's governing body said on Thursday.
