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Showing posts with the label gold-demand driver

Precious Metals touch record high prices

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  Gold jumped 3% and silver prices bounced at 6%    In the weekly [December 8 to 13 December 2025 week] review Dr. Renisha Chainani, Head- Research, Augmont viewed, Precious Metals that touch a record high price amid easing monetary policy! The review said, gold and silver prices reached record highs last week, jumping 3% and 6%, respectively, as the FED cut interest rates last week and the BOE is expected to cut this week.    ECB is expected to take a pause, while BOJ is expected to raise interest rates. Gold discounts expanded in India this week as demand plummeted despite the wedding season, after prices reached record highs, while Chinese demand remained quiet due to volatility and high spot prices.    The increase in Silver to the Rs 2lakh level has been fueled by tightening stocks, strong industrial demand, and the metal's inclusion on the US key minerals list. Demand has been especially robust in the solar, electric vehicle, and dat...

Gold market prices correcting 1% in the globe

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The correction is better as India enters the wedding season   Recently Colin Shah, MD, Kama Jewelry casted his observation, ‘Gold Prices Correcting By 1% in Global & Domestic Markets and Outlook!’   ”This correction in the gold rate is largely influenced by the rally in the US Dollar Index, taking the prices downwards. Along with this, the chances of Fed going for another rate cut has dimmed, which has given further support to the US Dollar Index, thereby negatively affecting gold prices Domestically, the correction is here for the better as India enters the wedding season, one of the two biggest gold-buying seasons in the country. Given the sentimental value attached to the yellow metal, price factor plays a minimal role in influencing the buyer's decision, keeping the overall demand robust.    Going ahead, gold prices are likely to stay volatile for the short term and will be majorly guided by the movement in USD and Fed's take on further rate cuts in t...