Gold holds above $4,300 as dollar strength caps gains ahead of central bank meetings
Gold trades in a narrow range just above $4,300 as a resilient US dollar and expectations of hawkish decisions from the Fed, BoE, and BoJ this week cap gains.
Gold Market
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Daily movements in the gold market and what is driving them.
Gold rebounds above 1% as US inflation data fuels rate hike bets
Gold prices rose more than 1% on Friday, recovering from recent lows. Strong US inflation data boosted expectations of a Federal Reserve rate hike next week. Indian demand stayed weak while Chinese buying held up.
Why copper and energy now matter as much as gold for portfolios
Gold remains the traditional hedge, but copper and energy markets are gaining structural relevance as demand from electric vehicles, AI, and India's energy needs reshape commodity investment.
Gold near-term selling may only delay next leg higher, TD says
TD Securities says gold is outperforming other precious metals despite rising energy prices and Fed hike expectations. Near-term CTA selling is possible below key levels, but longer-term support remains robust.
Switzerland tightens gold sanctions on Sudan to choke war funding
Switzerland has banned the purchase, import and transit of Sudanese gold along with chemicals used in extraction, joining EU efforts to cut off financing for Sudan's ongoing civil war.
Gold slips 0.9% after US PPI data and oil above $100 boost yields
Gold declined 0.9% to $4,360 after US producer prices and surging oil prices fuelled expectations of a hawkish Fed, sending yields and the dollar higher.
Nifty falls to 3-month low but PSU banks and oil & gas stocks rally
The Nifty slipped below 23,450 to hit a new three-month low amid selling in real estate, auto and IT. PSU banks and oil & gas stocks offered support as crude rose above $100.
India's gold price edges higher on Thursday, FXStreet data shows
Gold prices in India rose on Thursday, with the cost per gram reaching INR 13,509.58. The increase comes amid broader market factors. FXStreet calculates the data by adapting international rates.
Gold could reach ₹2 lakh per 10 grams within a year, says analyst
Gold is currently trading around ₹1.5 lakh per 10 grams. An analyst expects it to move towards ₹2 lakh–₹2.1 lakh over the next 12 months, driven by rupee weakness, customs duties and global trends.