Understanding the Premium When Buying Physical Gold
Physical gold always costs more than the spot price; this article explores the factors that create that premium.
Gold Market
Original summaries of the reporting that moves the gold price, with every source linked.
Physical gold always costs more than the spot price; this article explores the factors that create that premium.
Financial advisors suggest NRIs in India put 5–10% of a Rs 1 crore portfolio into gold, alongside equities and fixed income, while considering taxes and repatriation needs.
Gold rose 5% to nearly $4,603, its third straight weekly gain. A weaker US dollar and Treasury buybacks supported the rally, though the World Gold Council expects near-term prices to stay rangebound.
Gold has risen 3% over the past week, while silver is gaining against gold. Copper remains stagnant and oversold. Treasury Secretary Besant's comments and geopolitical tensions are influencing the metals markets.
Smaller gold miners posted their second-best quarter ever in Q2 2026, despite a 14.1% drop in the gold price. The GDXJ ETF lost only 18.2%, showing unusually mild downside leverage.
Gold prices have surged sharply in August, supported by a weaker US dollar, expectations of monetary easing, geopolitical tensions, and sustained central-bank purchases. Strong Chinese demand and India’s upcoming festive and wedding season add further support.
Tata Mutual Fund has removed limits on large investments in its Gold ETF and Gold ETF Fund of Funds after market conditions normalised, joining HDFC and Invesco in easing curbs imposed earlier this year.
Goldman Sachs now sees gold potentially exceeding its $4,900 year-end forecast, driven by rising call-option activity, Western investor interest and sustained central bank buying.
Gold prices climbed to a three-month high on Friday, extending gains for a third consecutive week as a softer US dollar and positive technical signals attracted investors.