Eldorado Gold produces first copper-gold concentrate at Skouries
Eldorado Gold has produced the first copper-gold concentrate at its Skouries project in Greece, with commercial production targeted for the fourth quarter of 2026.
Gold Market
Gold Market News
Original summaries of the reporting that moves the gold price, with every source linked.
Gold holds above $4,400 as markets eye US inflation data
Gold has recovered above $4,400 after touching one-week lows near $4,350. Traders now await US PPI and CPI data for direction, while technical levels highlight resistance at $4,463 and support at $4,340.
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-silver ratio remains useful indicator, study finds
A study featured in the Silver Institute's Silver News finds the gold-silver ratio remains a relevant technical indicator, with a tendency to revert to a mean of around 60-1. Recent official sector gold demand has pushed it above average, but reversion is still expected.
Indian gold demand rebounds despite government pleas and higher duties
India's gold imports doubled in July to an estimated 40-45 tonnes, defying Prime Minister Modi's appeal and a sharp customs duty hike. Cultural attachment and store-of-value demand keep the market resilient.
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.
Gold firms as dollar softens and Middle East tensions simmer
Spot gold gained 0.6% to $4,381.32 as a subdued dollar and renewed US-Iran tensions supported prices. Investors now await US inflation data for the next rate move.
Gold holds firm as US inflation data takes centre stage
TD Securities says gold has held firm despite higher Fed rate hike odds. The next big test is US inflation data, with structural demand still underpinning the metal.
Gold rises over 1% as US Treasury buyback announcement looms
Gold rose more than 1% on Wednesday, supported by the US Treasury's announcement of a bond buyback for September 10, even as the US Dollar clawed back some losses and yields edged higher.