Live Market Updates
Latest Financial News
News Feed
1 articles
Personalized
Live Market Updates
Latest Financial News
neutral
6 days agoGold pulls back after nine-week rally amid profit-bookings, poised for correction
India’s gold prices retreated today after an extended nine-week gain, with markets citing profit-taking and a stronger U.S. dollar. Global gold futures slipped about 3% this week, the steepest correction since May. Analysts flagged technical exhaustion and suggested the metal may consolidate near US $4,100/oz after topping earlier. In India, 24K gold was quoted at around ₹12,546 per gram. Silver also saw weak demand, reflecting cooling safe-haven flows. Traders say the key near-term supports will be U.S. inflation data and Indian jewellery off-take ahead of festival season.
Explore:Mutual Fund Tools
neutral
6 days agoGold pulls back after nine-week rally amid profit-bookings, poised for correction
India’s gold prices retreated today after an extended nine-week gain, with markets citing profit-taking and a stronger U.S. dollar. Global gold futures slipped about 3% this week, the steepest correction since May. Analysts flagged technical exhaustion and suggested the metal may consolidate near US $4,100/oz after topping earlier. In India, 24K gold was quoted at around ₹12,546 per gram. Silver also saw weak demand, reflecting cooling safe-haven flows. Traders say the key near-term supports will be U.S. inflation data and Indian jewellery off-take ahead of festival season.
Explore:Mutual Fund Tools
neutral
Gold pulls back after nine-week rally amid profit-bookings, poised for correction
6 days ago
1 min read
87 words
Gold eased after a nine-week rally, driven by profit-taking and a firmer dollar, while key support awaits U.S. inflation and Indian jewellery demand.
India’s gold prices retreated today after an extended nine-week gain, with markets citing profit-taking and a stronger U.S. dollar. Global gold futures slipped about 3% this week, the steepest correction since May. Analysts flagged technical exhaustion and suggested the metal may consolidate near US $4,100/oz after topping earlier. In India, 24K gold was quoted at around ₹12,546 per gram. Silver also saw weak demand, reflecting cooling safe-haven flows. Traders say the key near-term supports will be U.S. inflation data and Indian jewellery off-take ahead of festival season.
India’s gold prices retreated today after an extended nine-week gain, with markets citing profit-taking and a stronger U.S. dollar. Global gold futures slipped about 3% this week, the steepest correction since May. Analysts flagged technical exhaustion and suggested the metal may consolidate near US $4,100/oz after topping earlier. In India, 24K gold was quoted at around ₹12,546 per gram. Silver also saw weak demand, reflecting cooling safe-haven flows. Traders say the key near-term supports will be U.S. inflation data and Indian jewellery off-take ahead of festival season.
Tags:
economy
commodities
economy
commodities
gold
india
precious metals
Oct 24, 2025 • 09:45 IST