Brijesh Patel

18 hours ago | reuters.com | Rajendra Jadhav |Brijesh Patel

An employee arranges gold necklaces at a jewellery store in Mumbai, India, March 20, 2025. REUTERS/Francis Mascarenhas/File Photo Expect some selling because of high prices - Singapore dealerIndia dealers offer $56/oz discount this weekJune 6 (Reuters) - Gold discounts in India widened this week to their highest levels in more than a month, as a rally in domestic prices to near-record highs weighed on demand, while elevated rates also dampened buying across other major Asian hubs.

1 day ago | marketscreener.com | Anushree Mukherjee |Brijesh Patel

Published on 06/05/2025 at 00:01, updated on 06/05/2025 at 08:29 (Reuters) - Gold held its ground on Thursday as investors looked forward to U.S. non-farm payrolls data due later this week to assess the U.S. interest rate path, while silver prices rose above the key $35 per ounce level for the first time since October 2012. Spot gold was up 0.6% at $3,395.29 an ounce, as of 1147 GMT. U.S. gold futures rose 0.6% to $3,419.70.

2 days ago | marketscreener.com | Brijesh Patel |Anushree Mukherjee

Published on 06/04/2025 at 02:17, updated on 06/04/2025 at 08:19 (Reuters) - Gold prices held steady on Wednesday as stronger U.S. jobs data countered safe-haven demand driven by simmering trade tensions between the U.S. and China. Spot gold was steady at $3,349.19 an ounce, as of 1145 GMT. U.S. gold futures were unchanged at $3,373.10. "U.S. labor data gave markets a bit of relief yesterday, causing a small dip in gold prices.

1 week ago | reuters.com | Brijesh Patel

Gold bars are stacked in the safe deposit boxes room of the Pro Aurum gold house in Munich, Germany, January 10, 2025. REUTERS/Angelika Warmuth/ File Photo Dollar hovers near one-month lowUS core PCE price index due on FridayMay 27 (Reuters) - Gold hovered close to a two-week high on Tuesday, supported by a weaker dollar and concerns over the U.S. fiscal outlook, while investors awaited more U.S. economic data for more clarity on interest rate trajectory.

1 week ago | reuters.com | Brijesh Patel

Gold bangles are displayed at a jewellery store in Mumbai, India, March 20, 2025. REUTERS/Francis Mascarenhas/File Photo Dollar hits one-month low vs rivalsSPDR Gold Trust holdings fall 0.15% on FridayMay 26 (Reuters) - Gold prices eased on Monday after U.S. President Donald Trump set a July 9 deadline for a trade deal with the European Union, rescinding his earlier threat of a 50% tariff from June 1. Spot gold was down 0.3% at $3,346.59 an ounce, as of 0312 GMT.