gold prices
How the Muthoot Family Built a $13 Billion Fortune From India's Gold Obsession
Nov 20, 2025 03:11 pm CST
India's Muthoot Finance has leveraged the country's deep cultural connection to gold into a thriving lending empire. As gold prices surge, this family-run business with nearly nine decades of experience offers quick loans against jewelry collateral, dominating India's shadow banking sector with outstanding loans worth 1.25 trillion rupees. Despite growing competition from both local banks and foreign investors, the Muthoot family's straightforward business model continues to flourish, with their collective fortune now exceeding $13 billion.
Gold Market Correction Anticipated Ahead of Key US Economic Data and Fed Policy Signals
Nov 09, 2025 09:00 pm CST
Gold prices are expected to enter a consolidation phase as markets await crucial US inflation data and clarity on monetary policy direction. Despite experiencing its strongest annual performance since 1979, gold may face downward pressure from a strengthening dollar and profit-taking, while finding support in safe-haven demand and central bank purchases. Silver prices mirror gold's trajectory while gaining additional relevance following its addition to the US critical minerals list.
Gold and Silver Prices Fall Sharply as US-China Trade Optimism Strengthens Dollar
Oct 27, 2025 02:54 pm CST
Gold and silver futures experienced significant declines on Monday as progress in US-China trade negotiations and a stronger dollar reduced safe-haven demand. Gold dropped 1.25% on MCX while silver fell 1.33%, with experts warning investors to prepare for continued volatility as markets await major central bank decisions this week.
Oil Prices Surge as Trump Imposes "Massive" Sanctions on Russian Energy Giants Amid Mixed Global Market Performance
Oct 24, 2025 01:56 am CST
Wall Street exhibits minimal movement while oil prices jump 5.6% following President Trump's announcement of major sanctions against Russian oil companies Rosneft and Lukoil, aimed at pressuring Putin to negotiate an end to the Ukraine war. Meanwhile, Tesla shares decline on disappointing earnings while global markets show mixed performance amid geopolitical and economic developments.
US Stock Markets Fall as China Trade Tensions Escalate: Impact on Tech Sector and Global Trade Relations
Oct 15, 2025 03:04 am CST
Wall Street experienced volatility as US stocks declined Tuesday morning due to renewed trade tensions with China. The S&P 500 fell 0.5% and Nasdaq dropped 0.9%, with technology stocks particularly impacted after China banned dealings with certain shipbuilding companies. This development, alongside new port fees between the nations, heightens concerns about the economic impact of ongoing trade disputes between the world's largest economies.
Gold Investment Guide: Understanding Your Options as Prices Reach Historic $4,000 Mark
Oct 08, 2025 05:13 pm CST
As gold prices soar beyond $4,000 per ounce, this comprehensive guide explores diverse investment opportunities in the precious metal market. From spot trading and futures contracts to ETFs and physical ownership of bars and coins, discover how various factors including central bank policies, geopolitical tensions, and market sentiment are driving gold's remarkable 52% annual growth amid global economic uncertainty.
Gold Prices Soar to Historic $4,000 Threshold Amid Global Economic Uncertainty and US Government Shutdown
Oct 08, 2025 09:39 am CST
Gold has reached a record high of nearly $4,000 per ounce as investors seek safe-haven assets during the US government shutdown. With a 50% price increase this year, gold's rally reflects growing concerns about dollar stability, political uncertainty in major economies, and central banks' continued purchasing of the precious metal. Analysts predict further growth potential despite the possibility of short-term profit-taking.