India’s jewelry market, the world’s largest, is increasingly shifting toward gold options trading as prices climbed to record levels in 2025. On the Multi Commodity Exchange (MCX), gold futures options reached a daily turnover of 605 billion rupees ($7 billion) in February, accounting for 26% of total options trading — the highest share since October … Read more
Daily News Nuggets | Today’s top stories for gold and silver investorsJanuary 29th, 2026 Gold Rockets Past $5,500 as Investors Pile into Safety Gold climbed to a fresh record Thursday, briefly touching $5,591 per ounce before settling near $5,542 — a move that represents more than a 10% gain this week. Analysts attribute the surge … Read more
The US dollar has weakened by nearly 4% since January, creating a potential benefit for American multinational companies amid ongoing concerns about tariffs and trade tensions. This shift in currency value helps US firms that operate internationally. A weaker dollar makes American goods and services more competitively priced overseas and raises the dollar value of … Read more
Silver remained above $39 per ounce on Wednesday, holding near its strongest levels since 2011 as a softer U.S. dollar and falling Treasury yields increased the appeal of precious metals. Market participants were also weighing President Trump’s announcement of a new 15% tariff agreement with Japan alongside expectations that the temporary U.S.–China tariff truce will … Read more
US wholesale inflation jumped sharply in July, marking the largest monthly rise in three years and weakening expectations for substantial Federal Reserve rate cuts in September. Data from the Producer Price Index (PPI) showed inflation pressures spreading through the wholesale segment of the economy, even as consumer inflation remained comparatively steady. That divergence between rising … Read more
Stock markets opened the week optimistically, pushing to record highs on Tuesday after July’s consumer inflation data showed a 2.7% annual increase—unchanged from June and slightly better than some forecasts. Investors initially interpreted the news as a sign that inflation may be stabilizing. That optimism reversed sharply on Thursday when the Producer Price Index (PPI) … Read more
China has announced it will no longer respond to U.S. tariff hikes with reciprocal tariffs, calling further increases by the Trump administration a “joke” it intends to ignore. Rather than matching tariffs, Beijing is shifting to a broader, more targeted approach aimed at U.S. companies across several industries. While the U.S. has raised duties on … Read more
Gold prices edged lower after briefly reaching a one-month high as markets concentrated on upcoming trade talks and the approach of President Trump’s August 1 tariff deadline. Traders continued to weigh the potential economic impact of renewed tariffs against hopes that talks could ease trade tensions. The U.S. dollar held relatively steady, which curtailed some … Read more
Indian jewelry retailer Kalyan Jewellers is forecasting strong growth above 25% this year as it accelerates expansion with plans to open 160 new stores. The company attributes this momentum to shifts in consumer behavior and a strategy focused on scaling its retail footprint across key markets. Customers are increasingly favoring well-known retail chains over independent … Read more
Gold finished the week down nearly 1%, slipping beneath its 50-day simple moving average (around $3,341). This technical breach marks a short-term shift toward a bearish bias, ending the recent support that had been holding prices and putting near-term downside targets in focus near $3,310, $3,282 and $3,244. The U.S. Dollar Index rebounded after stronger-than-expected … Read more
