After a 50% rally, how much higher can gold and silver go this Diwali?

After a 50% rally, how much higher can gold and silver go this Diwali?

As India gears up for Diwali 2025, gold and silver have already dazzled the markets, surging over 47% and over 52% so far this year, respectively. With prices recently breaching Rs 1,18,000 per 10 grams on the MCX, investors are now eyeing whether the precious metal has more room to run—especially with the festive season … Read more

Gold prices hold close to record at Rs 1,10,177/10 gms. Will Fed meet push it even higher this week?

Gold prices hold close to record at Rs 1,10,177/10 gms. Will Fed meet push it even higher this week?

Gold prices (October futures contracts at MCX) held firm at Rs 1,10,177 per 10 grams on the MCX October futures contract, staying near their lifetime high of Rs 1,10,330, hit in the previous trading session. The precious metal has been on a record-setting spree in recent sessions, supported by a weaker dollar, safe-haven demand, and … Read more

Dwindling gold demand pushes Chinese discounts to record high

Dwindling gold demand pushes Chinese discounts to record high

BENGALURU/MUMBAI: Chinese discounts for physical gold scaled yet another record peak versus global spot rates this week as the Covid-19 pandemic continued to choke retail appetite, with even a price dip failing to lure consumers in India. Gold has been sold at discounts in China, usually the world’s top bullion consumer, since February. Discounts widened … Read more