Gold Market
Original summaries of the reporting that moves the gold price, with every source linked.
Societe Generale says gold has broken out of a small base formation and reclaimed its 200-day moving average, extending a rebound. Key support is near $4,510, with hurdles at $4,730/$4,770 and $4,890.
A comparison of home storage, bank safe deposit boxes, and professional vaults for physical gold, covering the key trade-offs of each option.
An overview of how different jurisdictions tax gold in its various forms, including capital gains, VAT, and reporting obligations.
Gold futures on the MCX rose ₹1,283 to ₹1,63,721 per 10 grams for October delivery, driven by fresh positions and firm spot demand. Globally, gold gained 0.99% to $4,648.78 per ounce.
Gold reached three-month highs above $4,650 on Monday, extending last week's gains as the US dollar weakened on tariff tensions, fading rate hike expectations, and safe-haven demand.
Gold rose above $4,650 on Monday, its highest since mid-May. Lower US bond yields and a softer dollar, as expectations for a Fed rate hike fade, underpin the move.
Gold rose for a fourth consecutive session on MCX, gaining Rs 8,200 per 10g, while silver snapped a three-day rally, falling Rs 1,800/kg. Markets await US inflation data and a speech by Fed Chair Kevin Warsh.
Gold forward and lease rates are derived from spot and futures prices, revealing the balance between physical supply and financial demand in the gold market.
An examination of gold's historical performance during recessions and financial crises, highlighting its role as a store of value and safe-haven asset.