India Bullion and Jewellers Association
Gold Price Surges Rs 1,324 in One Week to Rs 1.26 Lakh: Factors Behind the Rally and Future Outlook
Nov 29, 2025 05:29 pm CST
24-carat gold prices increased by Rs 1,324 in a week, reaching Rs 1,26,666 per 10 grams due to safe haven buying and Federal Reserve rate cut expectations. Analysts project potential further gains to Rs 131,500 if momentum continues, with Bank of America forecasting possible $5,000 levels driven by government debt, inflation, and changing economic policies.
Rising Gold Prices Drive Indians to Prefer Coins and Bars Over Jewellery During Dhanteras Festival 2023
Oct 19, 2025 02:13 am CST
Indian buyers shifted preferences to gold coins and bars instead of traditional jewellery during Dhanteras 2023 due to record-high prices, with overall sales volume down 10-15% but higher total value. The industry offered discounts on making charges to maintain interest during the festive season, while silver products also saw strong demand.