Gold industry sees price rising to $5,013 an ounce over next year
LBMA officials predict gold will reach $5,013 an ounce within a year, with silver, platinum and palladium also forecast to rise sharply amid rate concerns and geopolitical tensions.
Gold Market
Tagged: precious metals
Gold futures climb past ₹1.50 lakh per 10 grams on MCX
Gold futures on the MCX gained 0.99% to ₹1,50,511 per 10 grams on Thursday, supported by fresh positions and firm spot demand. International prices also moved higher.
Gold slides 4% to seven-week low as oil, dollar and yields rise
Gold fell sharply to a seven-week low, pressured by rising oil prices, a firmer dollar and higher Treasury yields. Silver, platinum and palladium also declined.
Gold slides to one-week low as dollar and yields strengthen
Gold fell to a one-week low on Thursday as a stronger US dollar and rising bond yields reduced the metal’s appeal. Higher oil prices added to the headwinds.
Gold and Silver Well Placed to Resume Uptrends, Analyst Says
Market analyst Ira Epstein observes a resurgence in gold, silver and copper. Silver is currently outperforming gold, while tariff changes and upcoming economic data may influence prices.
Gold slips Rs 1,900 on MCX; silver firms as rate concerns persist
Gold gave up Rs 1,900 per 10 grams on MCX over three sessions while silver gained Rs 1,400 per kg. Inflation expectations and rate-hike worries are keeping the metals volatile.
Gold coiling for breakout above $5,200 as rate hikes and oil shocks rattle markets
Gold holds key support at $4,100 and eyes new highs above $5,200. Silver needs to break $106. Global interest rate hikes and record diesel prices add pressure to stocks.
Gold Holds Support as CTAs Reverse Buying, Discretionary Investors Step In
CTAs have reversed recent gold buying, but discretionary investors are providing support, according to TD Securities. The bank expects any near-term weakness to be limited and to offer buying opportunities.
Gold likely to stay range-bound next week as PMI data looms
Analysts expect gold to trade in a narrow range next week as markets shift focus to manufacturing and services PMI data from major economies, with the dollar and geopolitical tensions also in view.