Chirag Thakkar of Amrapali Group told media that crude oil movements could influence gold and silver prices, while festive demand and investment interest remain key market factors.

Gold prices eased as higher oil prices raised inflation concerns and strengthened expectations that central banks may keep interest rates elevated for longer, weighing on the non-yielding asset.

Goldman Sachs’ Tony Kim expects gold’s current pause to give way to fresh highs, with sustained central-bank buying providing strong structural support for prices.

Gold and silver prices are expected to remain firm next week as investors await key US economic data, while elevated levels could trigger profit-booking in bullion markets.

MCX silver futures rose Rs 2,134 per kg on August 10, while gold declined Rs 360 as investors booked profits and awaited US inflation data for rate cues.

Silver surged above $100 per ounce for the first time ever, while gold reached record highs near $5,000, driven by strong safe-haven demand and tight physical supplies amid global economic uncertainties.

Gold prices advanced on Thursday as financial markets reacted to growing trade uncertainty ahead of new U.S. tariffs taking effect today, August 1.

Gold prices have maintained a strong upward trajectory in 2025, largely supported by a sharp decline in the US dollar.

As India emerges as the world’s fastest-growing major diamond jewellery market, a strategic collaboration between De Beers Group and the Gem & Jewellery Export Promotion Council (GJEPC) aims to support the Indian gem and jewellery trade by strengthening the natural diamond narrative

Gold prices dipped close to 1% on Monday as a strong US dollar pressured precious metals, with investors closely monitoring US economic data and Federal Reserve comments for insights on interest rate trends

The recent surge in gold prices, driven by U.S. Federal Reserve interest rate cuts and geopolitical tensions, has led to a sharp decline in physical demand across major global markets. Despite a temporary boost in India following an import duty cut, the overall trend shows consumers pulling back as prices hit record highs, prompting many to sell their holdings and profit from the rally

This Ganesh Chaturthi, Mumbaikars have purchased 55 kg of gold—15 kg more than last year—to offer to Ganpati, fueled by positive market sentiment following the reduction in the gold import duty

Gold and silver prices experienced a sharp decline on Monday, driven by growing economic concerns and a global market sell-off. The precious metals, which had recently reached new highs, are now grappling with volatility as investors react to weakening economic data and recession fears

Gold, long heralded as a safe haven asset, is currently experiencing a surge in demand, propelling its prices to unprecedented highs