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High gold and silver prices had little effect on festive shopping this Dhanteras, with sales matching last year’s volumes and rising by more than 25% in value.Shoppers across the country flocked to stores to buy coins and lightweight jewellery, driven by hopes that prices will keep climbing. Silver Shines Brighter Than Gold This Dhanteras Amid…
Gold remains a key portfolio asset despite recent surges, and investors may still find opportunities to buy on dips, according to Michael Widmer, head of metals research at Bank of America.“Gold is overbought at the moment, but it is still underinvested,” Widmer told Bloomberg Television. “ETF inflows last month were up 880% year-over-year, and that…
As gold and silver prices hover near record highs this festive season, investors face a familiar dilemma — whether to join the rally or wait for a correction. With geopolitical tensions, interest rate expectations, and dollar movements shaping global sentiment, the glitter of the yellow metal could turn volatile in the weeks ahead, feel experts.The…
Gold prices have rallied throughout 2025, rising almost 39% over the past year, weakening the prospects for festive selling. On Friday, just a day before Dhanteras, gold prices soared Rs 3,000 to record a new high at Rs 1,34,800 per 10 grams.Meanwhile, silver, after reaching a peak of Rs 1.76 lakh per kg on Wednesday,…
Indian households have seen a sharp rise in wealth thanks to the soaring price of gold, with holdings now valued at an estimated $3.8 trillion, accounting for almost 89% of the country’s GDP, according to a Morgan Stanley report. The report says the surge in household wealth is further supported by lower interest payments after…
Gold reached a new record high on Tuesday, surpassing $4,100 levels, as investors bet on the US Federal Reserve rate cuts and react to renewed US-China trade tensions. Silver also hit life-time high, benefiting from the same safe-haven demand.Spot gold was up 0.2% at $4,117.72 per ounce at 07:16 GMT, after earlier touching $4,179.48, according…
