Gold price have touched a record high, supported by rising geopolitical tensions and growing uncertainty in global financial markets. Investors across the world are turning towards gold as a safe-haven asset, leading to strong demand and higher prices.
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Silver Price Jumps Sharply, Crosses ₹3 Lakh Per Kg for First Time
Silver prices in India have witnessed a strong rally and have crossed the ₹3 lakh per kilogram mark, creating fresh excitement among investors and traders. This sharp rise in silver prices reflects growing demand, global cues, and increased interest in precious metals.
Can Gold ETFs Help India Reduce Current Account Deficit? Explained Simply
India has a strong emotional and cultural connection with gold. Every year, Indians buy a large quantity of physical gold like jewellery, coins, and bars. Because India does not produce enough gold locally, most of it is imported, which increases the Current Account Deficit (CAD).
Q3 Results Today: Reliance, Wipro, Tech Mahindra, Tata Tech to Report Earnings on Jan 16
Q3 Results: RIL’s consolidated Q3 revenue could range between ₹2.54 and ₹2.56 lakh crore, rising 6.2% to 7.1% YoY and 0.5% to 1% on a sequential basis. The company reported revenue of ₹2.54 lakh crore in the previous quarter and ₹2.39 lakh crore in Q3FY25.
Gold Price Today Slips as Profit-Taking, Lower Geopolitical Tensions Hit Demand
Jan 15 (Reuters) – Gold slipped on Thursday as investors booked profits after the yellow metal hit a record in the previous session, while an apparent softer tone from U.S. President Donald Trump on the Federal Reserve chair and Iran also dampened safe-haven demand.