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Gold dips to ₹1,45,630, silver down at ₹2,49,900

Gold and silver prices witnessed a marginal decline on Friday, extending losses from their recent record highs amid profit booking and improving sentiment in global financial markets. While the fall was modest, analysts said the correction reflects changing investor preferences as risk appetite improves.

According to market data, the price of 24-carat gold declined by ₹10 to ₹1,45,630 per 10 grams. Silver prices also eased by ₹100 and were trading at ₹2,49,900 per kilogram. The decline follows a sharp rally in precious metals over the past few months, during which both gold and silver touched historic highs.

Market experts attribute the recent weakness in bullion prices to easing geopolitical tensions, gains in global equity markets and a stronger appetite for risk among investors. As stock markets recover and economic concerns show signs of easing, some investors are shifting funds from traditional safe-haven assets such as gold into equities and other growth-oriented investments.

Despite the recent decline, analysts stressed that gold remains one of the best-performing asset classes in recent years. Rising inflation concerns, uncertainty over global economic growth and central bank purchases have continued to support long-term demand for the yellow metal.

Financial advisors believe the current correction should not be viewed as a signal to exit investments. Instead, they recommend that investors maintain a long-term perspective and use temporary price declines to gradually increase their holdings. Experts also advised investors to avoid making emotional decisions based on short-term market movements.

Silver, which often mirrors trends in gold prices, also witnessed a slight decline. However, analysts noted that strong industrial demand from sectors such as electronics, renewable energy and manufacturing could provide support to silver prices in the coming months.

Going forward, bullion markets are expected to remain sensitive to global economic data, interest rate decisions by major central banks and geopolitical developments.

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Gold price dips to ₹1,48,850, Silver down at ₹2,49,900

Gold and silver prices edged lower in domestic markets on Thursday as investors booked profits after the recent rally, although continued geopolitical uncertainty and expectations of steady safe-haven demand kept the broader outlook supportive for precious metals.

According to market data, 24-carat gold declined by ₹10 to ₹1,48,850 per 10 grams, while silver slipped ₹100 to ₹2,49,900 per kilogram. The decline comes after both metals touched elevated levels in recent sessions amid heightened global uncertainty.

Bullion markets remained cautious as traders assessed developments in international markets, including geopolitical tensions in the Middle East, movements in the US dollar and expectations regarding interest-rate decisions by major central banks.

The precious metal has witnessed strong buying support in recent months as investors sought protection against market volatility. Analysts noted that any further escalation of geopolitical tensions could trigger fresh demand for gold and push prices higher.

Silver also witnessed a modest correction during the session. However, experts believe the metal remains supported by robust industrial demand from sectors such as renewable energy, solar equipment, electronics and electric vehicle manufacturing. Its dual role as both an industrial and investment metal continues to support long-term price prospects.

Market participants are now closely watching upcoming economic indicators from major economies and signals from global central banks for cues on future bullion price movements. Changes in interest-rate expectations and currency trends are expected to remain key drivers for gold and silver in the near term.

The marginal decline was largely driven by profit booking rather than any major shift in fundamentals. Gold continues to attract investor interest as a safe-haven asset amid concerns over global economic growth, inflationary pressures and geopolitical risks.

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Gold rises to ₹1,53,170, silver falls to ₹2,59,900

Gold prices remained firm on June 10 as investors continued to seek safe-haven assets amid rising geopolitical tensions in the Middle East. While domestic gold rates edged higher, silver prices witnessed a decline as traders booked profits and monitored global market developments.

According to market data, gold prices in the national capital rose by ₹10 to ₹1,53,170 per 10 grams. In contrast, silver prices fell by ₹100 to ₹2,59,900 per kilogram, reflecting mixed sentiment in the precious metals market.

Globally, gold prices remained supported after renewed hostilities between the United States and Iran increased uncertainty across financial markets. The geopolitical developments also pushed crude oil prices higher, raising concerns over inflation and global economic stability. Such conditions typically encourage investors to move funds into gold, which is widely regarded as a safe-haven asset during periods of uncertainty.

However, gains in gold were limited by expectations surrounding US monetary policy. Investors are closely tracking economic data and signals from the US Federal Reserve for clues on the future path of interest rates. Higher interest rates generally reduce the appeal of non-yielding assets such as gold, leading to cautious trading activity.

In India, gold demand remained steady despite elevated prices. Jewellers reported continued interest from buyers, although some consumers preferred to postpone purchases in anticipation of price corrections. Market participants are also keeping an eye on upcoming economic indicators and geopolitical developments that could influence the direction of precious metal prices.

Silver, which often tracks both industrial demand and investment sentiment, traded lower during the session. Analysts attributed the decline to profit-booking and a cautious outlook on global manufacturing demand.

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Gold down at ₹1.52 lakh, Silver slips to ₹2.60 lakh

Gold and silver prices edged lower in the domestic market on Tuesday as weakness in international bullion prices weighed on sentiment. According to the India Bullion and Jewellers Association (IBJA), the price of 24-carat gold declined by ₹10 to ₹1,51,680 per 10 grams, while silver fell by ₹100 to ₹2,59,900 per kilogram.

The decline comes after precious metals witnessed a strong rally in recent sessions amid geopolitical uncertainties and expectations surrounding interest rate moves by major central banks. However, easing safe-haven demand and a firmer US dollar prompted some profit-booking in global markets, leading to a mild correction in prices.

In major Indian cities, retail gold rates remained largely stable despite the marginal fall in benchmark prices. In Delhi, 24-carat gold was quoted at around ₹99,100 per 10 grams, while 22-carat gold traded near ₹90,850. Similar price levels were seen in Mumbai, Kolkata, Chennai and Bengaluru, with minor variations due to local taxes and transportation costs.

Silver prices also remained under pressure across key markets. Analysts said industrial demand expectations continue to support the metal in the long term, but short-term movements are likely to be influenced by global economic indicators and currency fluctuations.

Market participants are closely watching upcoming US inflation and employment data for clues on the future path of interest rates. Any indication of delayed rate cuts by the US Federal Reserve could strengthen the dollar and limit gains in precious metals. Conversely, signs of economic weakness could revive demand for safe-haven assets such as gold and silver.

Despite the day’s decline, analysts remain constructive on gold’s medium-term outlook, citing continued central bank purchases, geopolitical risks and uncertainty over global economic growth. Demand from the domestic jewellery sector is also expected to remain supportive ahead of the upcoming festive and wedding seasons.

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Gold at ₹1,52,720, Silver at ₹2,74,900

Gold and silver prices witnessed a slight decline across major Indian markets on Sunday, offering some relief to buyers after recent sharp gains. According to bullion market data, gold prices slipped marginally, while silver also recorded a modest fall amid subdued trading activity.

The price of 24-carat gold fell by ₹10 per 10 grams to around ₹1,52,720, while 22-carat gold also edged lower across several cities. Silver prices declined by ₹100 per kilogram and were quoted at approximately ₹2,74,900 per kg in the domestic market. Retail rates varied slightly between cities due to local taxes and transportation costs.

In major markets such as Delhi, Mumbai, Kolkata and Chennai, jewellers reported steady demand despite the minor correction in prices. Market experts said the decline was largely influenced by developments in international markets, where gold prices remained under pressure due to expectations that the US Federal Reserve could maintain higher interest rates for a longer period. Rising bond yields and a stronger dollar have reduced the appeal of non-interest-bearing assets such as gold.

Analysts noted that investors are closely monitoring global economic indicators, inflation trends and geopolitical developments, all of which continue to influence precious metal prices. Although gold is traditionally considered a safe-haven investment during uncertain times, expectations of tighter monetary policy have tempered buying interest in recent sessions.

Silver prices have also mirrored global trends, with industrial demand and broader commodity market movements playing an important role in determining price direction. Traders expect volatility to continue during the week as markets react to fresh economic data and international developments.

Also Read: Sensex slumps over 500 points, Nifty ends below 23,250

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Gold falls to ₹1,56,100, Silver drops to ₹2,79,900

Gold and silver prices witnessed a mild decline in domestic markets on Friday as investors booked profits following a strong rally in recent sessions. Despite the pullback, market experts remain optimistic about the outlook for precious metals due to ongoing global uncertainties and strong safe-haven demand.

According to market data, gold prices fell by ₹10 to ₹1,56,100 per 10 grams in the national capital. Silver prices also declined by ₹100, with the metal trading at ₹2,79,900 per kilogram. The correction came after both metals recorded sharp gains earlier in the week amid heightened geopolitical concerns and expectations surrounding global interest rate trends.

Across major Indian cities, 24-carat gold continued to trade above ₹98,000 per 10 grams, while 22-carat gold remained above ₹90,000. Prices varied slightly depending on local taxes and demand conditions. Jewellery retailers reported steady consumer interest despite elevated prices, especially from buyers preparing for upcoming wedding and festive purchases.

Gold remains supported by uncertainty surrounding the global economy and geopolitical tensions in the Middle East. Investors continue to monitor developments related to the US-Iran situation, which has increased demand for safe-haven assets. At the same time, expectations that major central banks could move towards lower interest rates later this year have also strengthened sentiment for precious metals.

Market participants noted that while short-term profit booking may lead to occasional corrections, the broader trend for gold remains positive. International gold prices have stayed near record levels, supported by central bank purchases, a weaker dollar outlook and continued investor demand for defensive assets.

Silver, which often tracks gold’s movement, is also expected to remain supported due to strong industrial demand from sectors such as renewable energy, electric vehicles and electronics.

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Gold falls to ₹1,56,210, silver trades at ₹2,79,900

Gold prices edged lower in the domestic bullion market on Thursday, while silver prices also witnessed a slight decline amid mixed global cues. According to market data, the price of 24-carat gold fell by ₹10 to ₹1,56,210 per 10 grams, while silver declined ₹100 to ₹2,79,900 per kilogram.

The price of 22-carat gold also recorded a marginal drop, with rates easing across major cities including Delhi, Mumbai, Kolkata and Chennai. Market participants said retail demand remained steady, though buyers continued to track price movements before making fresh purchases.

In the international market, gold prices found support from a weaker US dollar, which increased the appeal of the yellow metal among global investors. At the same time, hopes of easing tensions in the Middle East and softer crude oil prices influenced overall sentiment in commodity markets.

While gold continues to benefit from its status as a safe-haven asset, improving geopolitical conditions and reduced inflation concerns have capped significant gains. Silver, which is influenced by both investment demand and industrial consumption, also traded in a narrow range.

On the Multi Commodity Exchange (MCX), bullion futures remained largely stable, reflecting cautious investor sentiment. Traders are closely monitoring developments related to global economic growth, movements in the US dollar and geopolitical events for further direction in precious metal prices.

Despite the day’s marginal decline, gold continues to trade near record-high levels, supported by strong investment demand and global uncertainty. Silver, meanwhile, remains underpinned by its growing use in industrial sectors, particularly renewable energy and electronics.

Any major changes in monetary policy outlooks or geopolitical developments could impact the direction of gold and silver prices.

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Gold slides to ₹1,59,730, Silver at ₹2,68,170

old prices witnessed a marginal decline on Wednesday, June 3, as investors booked profits following the recent surge in bullion prices. Gold was quoted at ₹1,59,730, while silver stood at ₹2,68,170 in the domestic bullion market, reflecting a slight pullback after touching elevated levels in recent sessions.

The correction comes after precious metals rallied sharply on the back of heightened geopolitical tensions, uncertainty surrounding the global economic outlook and strong safe-haven buying. Traders said the latest dip was largely driven by profit booking, with investors locking in gains after gold and silver approached record highs.

Despite the decline, market sentiment towards bullion remains positive. Analysts noted that gold continues to attract strong investor interest as a hedge against inflation, currency volatility and economic uncertainty. Expectations of monetary easing by major central banks and ongoing geopolitical risks have further strengthened the appeal of the yellow metal.

Silver, which was trading at ₹2,68,170, also witnessed some pressure but remained supported by robust industrial demand. The metal continues to benefit from its widespread use in sectors such as electronics, solar energy, electric vehicles and manufacturing, helping sustain its long-term growth prospects.

Globally, investors remained focused on inflation data, interest-rate expectations and geopolitical developments, all of which continue to influence precious metal prices. Movements in the US dollar and bond yields also remained key factors shaping sentiment in the bullion market.

Jewellers reported steady consumer demand despite elevated prices, particularly from wedding and festive buyers. Industry participants said physical demand has remained resilient, indicating that consumers continue to view gold as a preferred store of value even at higher price levels.

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Gold rises to ₹1,59,440, silver down at ₹2,66,850

Gold prices moved higher in domestic markets on Tuesday, supported by safe-haven buying amid ongoing global economic and geopolitical uncertainties. In contrast, silver prices witnessed a marginal decline due to profit-booking after recent gains.

According to market data, the price of 24-carat gold rose to ₹1,59,440 per 10 grams, while 22-carat gold also traded higher across major cities. Silver prices, however, slipped and were quoted at ₹2,66,850 per kilogram in the retail market.

In Delhi, Mumbai, Kolkata, Chennai, Bengaluru and other key cities, gold prices remained firm with minor variations depending on local taxes and making charges. Retail rates of 24-carat gold continued to trade above ₹1.59 lakh per 10 grams, while 22-carat gold was available at comparatively lower levels. Silver prices remained elevated despite the latest decline.

Globally, gold prices remained supported by concerns over economic growth, geopolitical tensions and expectations that major central banks could consider interest rate cuts later this year. These factors have boosted demand for gold as a safe-haven asset during periods of uncertainty.

Silver prices, meanwhile, witnessed some profit-taking after a strong rally in recent sessions. Despite the correction, demand for silver continues to be supported by its extensive industrial use in sectors such as solar energy, electronics and electric vehicles, along with investment demand.

Jewellers and market experts said domestic demand for precious metals remains steady, aided by wedding-related purchases and investment buying. They expect gold and silver prices to remain volatile in the near term as global investors react to economic data releases, central bank policy signals and geopolitical developments.

Market participants will continue to track international trends, currency movements and global economic indicators for further direction in gold and silver prices.

Also Read: Sensex drops over 100 points, Nifty slips below 23,350

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Gold slips to ₹1.57 lakh, silver falls to ₹2,79,900

Gold and silver prices edged lower in the domestic bullion market on Monday as traders booked profits after recent gains and investors adopted a cautious stance ahead of key global economic developments.

According to market data, the price of 24-carat gold declined by ₹10 to ₹1,57,030 per 10 grams, while silver fell ₹100 to ₹2,79,900 per kilogram. The marginal decline comes after precious metals witnessed strong momentum in recent weeks amid heightened global uncertainty and expectations surrounding interest-rate decisions by major central banks.

Bullion traders said the pullback was largely driven by profit booking at higher levels. However, underlying sentiment for precious metals remains supported by concerns over global economic growth, geopolitical tensions and expectations that central banks may move toward a more accommodative monetary policy stance in the coming months.

In international markets, investors are closely monitoring upcoming US economic data and signals from the US Federal Reserve regarding future interest-rate moves. Any indication of a rate cut could support gold prices, as lower interest rates generally reduce the opportunity cost of holding non-yielding assets such as gold.

Market participants are also tracking movements in the US dollar and bond yields, both of which play a crucial role in determining the direction of precious metal prices. A weaker dollar typically makes gold more attractive for global investors, while rising bond yields can limit gains in bullion.

Jewellers and retailers reported steady demand in the domestic market despite the slight correction in prices. Industry experts noted that physical demand is likely to remain healthy, supported by wedding-season purchases and long-term investment interest among consumers.

It is believed that gold will continue to find support from safe-haven buying amid ongoing geopolitical uncertainties and volatility in global financial markets. Silver, which has both industrial and investment demand, is also expected to remain sensitive to developments in the global economy.

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