GOLD PRICE DROP
Gold drops as strong US payrolls boost dollar, yields
In light of stronger-than-anticipated US payroll figures, gold prices dipped significantly as the data suggested a robust labor market. This development heightened expectations for sustained high-interest rates from the Federal Reserve, bolstering the dollar's strength. Spot gold saw a decline of 0.3% to reach $4,074.36 per ounce, while US gold futures fell by 0.9%. However, Indian retail demand picked up ahead of Diwali festivities, taking advantage of the lower prices.
Lower prices add glitter to Dhanteras gold sales
Fresh impetus to festive buying was seen as gold prices corrected, boosting jewellery sales on Dhanteras. Sales volume increased by 8-10% and value growth reached 18-20% compared to last year. Consumers in both metros and smaller cities showed significant demand for lightweight jewellery, coins, and smaller-ticket purchases. Jewellers reported a surge in footfalls and sales, particularly in traditional and diamond pieces.
Gold price prediction: Gold rate falls amidst big movement in oil price, inflation, check experts' opinions
Gold rate on Friday took a hit after pivotal factors like oil prices and inflation have impact on the bullion.
Jewellers report brisk Dhanteras sales as gold price drop lures buyers; volumes seen flat
Volumes, however, are likely to remain roughly flat from a year earlier because prices are still well above last year's levels, said Rajesh Rokde, chairman of the All India Gem and Jewellery Domestic Council (GJC).
Gold, silver ETFs slide up to 4% on Dhanteras as oil rebound stokes rate fears. Should you buy this dip?
Gold and silver ETFs fell up to 4% on Friday as crude oil's rebound revived inflation concerns and rate-hike worries. While precious metals faced pressure amid global volatility, experts shared their outlook, key support and resistance levels, and buying strategies. Here's a look at ETF performance, market cues and expert recommendations for gold and silver investors.
Gold vs silver ETFs: Where should investors put their money this Dhanteras? Experts share their strategies
Gold vs silver ETFs: Dhanteras marks a crucial day in the Diwali festivities, traditionally inspiring purchases of gold and silver. Financial experts suggest a diverse approach, prioritizing gold while also incorporating silver ETFs into investment strategies. Notably, gold has shown stable returns since the last Dhanteras, making it an attractive option for new investors looking to build their portfolios gradually. Despite market ups and downs, the long-term potential for both metals is encouraging.
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MCX gold prices dip Rs 2,400/10g; silver falls Rs 3,400/kg on Dhanteras as rate hike bets rise again. Buy, sell or hold?
MCX Gold Price: Gold and silver prices tumbled on MCX as surging crude oil prices reignited inflation concerns and strengthened expectations of a December Fed rate hike. Investors await US jobs data for fresh policy cues, while Goldman Sachs has lowered its gold price forecast.
ETMarkets Commodity Talk| Building a 5-year portfolio? Why gold could take the largest share of your commodity allocation, Deveya Gaglani decodes
In this edition of ETMarkets Commodity Talk, Deveya Gaglani, Senior Research Analyst – Commodities at Axis Direct, shares his views on the evolving commodity landscape and the role of gold, silver and industrial metals in a diversified portfolio. He also explains why gold could form the largest component of a long-term commodity allocation, while highlighting the risks of blindly buying the dip or chasing a sharp rally.
Gold price prediction: Will gold continue its surge on Dhanteras? Check outlook for November 6
In today’s session, Spot gold rose 0.4% to $4,103.55 per ounce, taking its weekly gains to 5.9%. US gold futures for December delivery were little changed at $4,112.80 per ounce, while spot silver gained 0.5% to $52.01 per ounce.
Why is gold price up today? Precious metal rises by 1.6% to $4,124.89 per ounce after US midterm election results
The price of gold is on the rise again. The precious metal has reached to its highest level in over two weeks on Thursday. The jump in the bullion prices has been witnessed after the US midterm election results. The spot gold has increased by 1.6% to $4,124.89 per ounce by 0752 GMT.
Gold prices jump Rs 6,500/10 gram in 2 days; silver soars Rs 11,200/kg as soft dollar, fall oil boost mood. Key levels to track
Gold and silver prices extended their recovery, with MCX gold rising Rs 6,400 per 10 grams and silver gaining Rs 11,231 per kg in two sessions. A weaker dollar, falling US bond yields and a sharp decline in crude oil prices lifted bullion sentiment. Here's what traders should watch next.
Gold rises after biggest daily gain since August, with US payrolls in focus
On Thursday, gold prices increased partially due to a declining US dollar, building on a strong daily surge prior. Spot gold's elevation followed reactions to the US midterm elections while investors eyed potential shifts in policy. Anticipation about the forthcoming non-farm payrolls report could influence Federal Reserve decisions, with Citi predicting a rise in gold should geopolitical tensions reduce.
Gold rate today (November 3, 2026): Check 24k, 22k, 20k and 18k gold jewellery prices from Malabar Gold & Diamonds, Kalyan Jewellers, Tanishq & IBJA in Delhi, Mumbai, Hyderabad & more cities
Gold rates tpday: Gold prices for 22k jewellery have increased across major brands in India as Dhanteras approaches. while, gold and silver jewellery indicative prices at the India Bullion and Jewellers Association (IBJA) also increased today.
Gold price crashes on Election Day, Silver drops: Will Gold rate fall further after US midterm elections 2026 results?
Election Day Gold rate: Gold price was down on Tuesday as investors seem to be waiting for US midterm elections 2026 results for Donald Trump-led Republicans and Democrats.
Dip in gold price puts the sparkle back into festive and wedding buying, jewellers see 10-12% rise in Dhanteras sales
Gold prices have dropped significantly, encouraging consumers to return to jewellery stores for upcoming purchases. The correction in gold prices has led to increased footfalls and advance bookings for weddings. Jewellers expect a rise in sales volume on Dhanteras, which is an auspicious buying day. Consumers are opting for lightweight jewellery and lower-karat gold to manage budget constraints.
Indians refuse to cash in on gold in their lockers hoping for a better price
India’s gold demand is expected to fall to a six-year low of around 650 tonnes in 2026 as record prices, rising living costs and a weak monsoon weigh on jewellery purchases and investment, according to the World Gold Council (WGC).
MCX gold prices fall Rs 1,400/10 gram, silver tanks Rs 4,300/kg ahead of Diwali while rate hike bets linger. What should you do?
Gold and silver prices declined on MCX as rising oil prices and renewed inflation concerns weighed on bullion sentiment. Investors tracked US midterm elections and Fed rate expectations, while experts flagged key trading levels amid continued volatility in precious metals.
India's 2026 gold demand seen falling to six-year low on price rise: World Gold Council
India's gold demand is expected to fall to a six-year low of around 650 tonnes in 2026 as record-high prices, rising living costs and a weak monsoon weigh on jewellery purchases and investment demand, the World Gold Council (WGC) said.
Gold price prediction: Gold prices extend losses on Tuesday. Check outlook for November 3
Investors are now looking to the US midterm elections for indications of the country's fiscal policy direction and their potential impact on broader market sentiment.
Gold edges higher on softer oil; US midterm elections in focus
Following a previous surge, gold prices experienced a minor uptick, influenced by declining oil rates and ongoing inflation concerns. Investors are honing in on the forthcoming US midterm elections for cues on economic direction. Financial analysts speculate a potential interest rate hike from the Federal Reserve in December to combat inflation, while the Bank of England is anticipated to tackle similar issues this Thursday.
Why are oil prices down today? Brent Crude futures drop by 5.9%. Here's the latest price
Oil prices have fallen by 5.9% due to diplomatic talks between Iranian and Qatari officials. The hopes of a deal to end the US-Israeli war against Iran have increased. Brent Crude futures have fallen by 5.9% to $106.76 per barrel after increasing in the earlier session. However, there was also some sentiment around the possible reopening of the Strait of Hormuz in the next two days.
Why is silver price up today? Silver rises by 2.5% to reach $50.33 per ounce
Silver price has increased by 2.5% on Monday to $50.33 per ounce after oil prices fell. Gold price also rose by 0.8% today after falling to a one year low in the last session. The investors are also closely watching the US midterm elections, fed reserve officials comments and jobs data to see how they will have an impact on interest rates, inflation and precious metals.
Why is gold price rising today? Gold bounces back to $3,903 after dropping to one-year low
Gold price is on the rise today. The precious metal has climbed up with a 0.8% increase to $3903.90 an ounce after falling to a 1-year low. The gold price has risen due to the easing of the fears of higher inflation. This has also happened due to the slump in oil prices recently. Investors are focusing on interest rates from the Fed and US mid-term elections on November 3.
Gold price prediction: Gold rate continues to fall or will bear movement end after US midterm elections results? Experts make forecast
Gold rate forecast: US midterm elections 2026 and any escalation involving the US, Israel and Iran could play pivotal role in dictating the Gold price movement this year.
SGB premature exit date on November 2, 2026: Rs 1 lakh invested in this Sovereign Gold Bond grows to Rs 3 lakh in 5 years
The Reserve Bank of India has set the premature redemption price for Sovereign Gold Bonds. These bonds can be redeemed prematurely starting from November 2, 2026. The redemption price is calculated based on the average closing price of gold over the last three working days.
Gold and silver rate today (October 31, 2026): Check 24k, 22k, 20k and 18k gold jewellery prices from IBJA, Malabar Gold & Diamonds, Joyalukkas, Kalyan Jewellers and Tanishq
Gold rates today: Gold jewellery prices fell below Rs 13,000 per gram at several prominent jewellery brands on October 31, 2026. As buyers prepare for Dhanteras and Diwali, many are comparing current gold rates.
Tech rout drives gold to one-year low, white metals sink deep into oversold zone
Gold prices have plummeted to a year-long low, driven by anxiety over AI expenditure trends and declining tech shares. Other precious metals such as silver, platinum, and palladium have similarly seen their values drop sharply. Market experts forecast that precious metals may rebound, particularly if gold stays under $4,000. A decline in demand for silver's industrial and jewelry uses further complicates its market outlook, leaving a persistent downtrend expected.
Gold price prediction: Gold rate closes October on 1-year low, what to expect in November, December?
Gold rate in October saw one of the worst months for the bullion in a year. Traders are curious whether gold rate will jump or go further down in November.
Gold rate, silver price today: Why is gold price down today? When will gold recover from its worst trading day since mid-July?
Gold prices fell to their lowest since mid-July on Friday. Gold rates were going down for a second straight monthly decline.
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