The Latest Breaking News from Jateen Trivedi

Gold price today: Precious metal slips ahead of US Jobs data; MCX closed for Gandhi Jayanti

Gold prices fell 0.6% to $4,154.78 an ounce, heading for a second weekly decline as a stronger US dollar and elevated Treasury yields pressured bullion. Traders await US jobs data for Fed-rate clues. With MCX closed for Gandhi Jayanti, international markets, Middle East tensions and weekend developments could drive Monday’s…

The Economic Times · 19h ago

Gold price prediction: Experts predict Gold rate for last three months of 2026, first half of 2027

Gold price has corrected sharply in September after gaining around 9 per cent in August, with prices down nearly 8 per cent during the month so far.

The Economic Times · Sep 27

Gold likely to stay range-bound next week as dollar, West Asia tensions guide market: Analysts

After a week dominated by monetary policy and geopolitical developments, investors will turn their focus to a fresh batch of economic data, including mid-month manufacturing and services Purchasing Managers' Index (PMI readings) from major economies.

The Economic Times · Sep 20

Commodity Radar: Rupee's record lows support gold prices. Can fresh base formation trigger upside?

Gold futures on MCX are holding above key support levels as rupee weakness nears record lows, boosting domestic prices despite global softness. Analysts say MCX gold is showing early signs of base formation, with consolidation above Rs 1.58 lakh potentially paving the way for further upside if momentum sustains.

The Economic Times · May 18

What does an import restriction mean for silver investments?

India’s move to restrict silver imports and raise duties is expected to push up domestic prices by increasing premiums over global benchmarks. While global prices may remain stable, Indian investors could pay more for physical silver. Analysts say the MCX-LBMA spread will be key to tracking the impact.

The Economic Times · May 17

Why Modi is asking people in India to stop buying gold

The unusual appeal from the prime minister has a direct impact on India’s foreign exchange reserves as the economy grapples with energy crisis and declining currency value, writes Namita Singh

The Independent UK · May 13

The 2013 ghost returns: Will higher gold duties actually restrict imports or just fuel the grey market?

India’s shock hike in gold and silver import duty to 15% has revived memories of the 2013 crisis. While the move aims to curb dollar outflows and stabilise the rupee, experts warn it may simply push more demand into the grey market, with limited impact on India’s structural gold appetite.

The Economic Times · May 13

Rupee slumps to all-time low of 77.44 on forex outflows, rising US yields

MUMBAI: Extending its losses for a second day, the rupee on Monday slumped by 54 paise to close at a record low of 77.44 against the US dollar, pressured by the strength of the American currency overseas and unabated foreign fund outflows.

The Times of India · May 9, 2022