Gold and silver prices returned to a rally on Diwali day after a break over the Dhanteras weekend, according to data from the Multi Commodity Index. Gold and silver prices have rallied in India on festive demand and strong global cues around Trump’s tariff war. (Bloomberg) MCX Gold price rose as much as 0.97% to […]
Once seen as a city of opportunity for tech professionals, Bengaluru’s housing market is showing signs of strain as property prices continue to climb, leaving many prospective buyers questioning affordability. Even modest 2BHK apartments in areas like Whitefield, Sarjapur, and Yelahanka now cost ₹1 crore and above, excluding registration and interior costs. Rents have surged […]
Gold prices are skyrocketing amid the ongoing festive season, with premiums in India hitting another record high at ₹1,32,953 on Saturday, on the occasion of Dhanteras. On Saturday, 24-carat gold stood at ₹1,32,953 per 10 grams, up by ₹3,350, while the 22-carat gold rate was priced at ₹1,21,883 per 10 grams. (PTI) People are willing […]
India’s gold reserves crossed the $100 billion mark for the first time, according to the Reserve Bank of India’s latest forex reserves data, buoyed by a global gold price rally. The gold’s share in India’s forex reserves has almost doubled over the past decade—from below 7% to nearly 15%. (Bloomberg) RBI’s gold reserves rose by […]
Prices of gold and silver rose to records as fears about credit quality in the US economy and a “US-China trade war” called out by President Donald Trump strengthened demand for havens. Some traders to book cargo slots on transatlantic flights for silver bars—an expensive mode of transport typically reserved for gold—to profit off higher […]
Gold holds a unique place in Indian households—both as a cultural symbol and as a hedge against uncertainty. With Diwali and Dhanteras around the corner, many will look to buy gold for ritual or gifting. Dhanteras is the time to buy gold but a smart investor would do well to treat bullion less as tradition […]
India’s housing market has once again become the centre of a discussion, with Reddit users weighing in on whether property prices are truly in bubble territory or simply reflecting long-term growth. From rising affordability concerns to arguments over cyclical downturns, the discussion captured a growing divide between those who see real estate as a resilient, […]
The gold price today fell 0.89% from record highs to ₹1,22,111 per 10 gm. The silver price also retreated 0.67% from its peak to trade at ₹1,48,847 per kg. Source link
Global gold prices has crossed $3,900/ounce for the first time on safe haven demand due to US government shutdown and hope of US Fed rate cuts. Source link