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Why Gold Jewellery Often Takes Years To Deliver Real Returns — Experts Explain

by with No Comment Sell Gold

Gold has long been regarded as a symbol of wealth and security, making it a preferred choice among investors. However, experts emphasise that not all gold acquisitions deliver the same financial returns. Jewellery, while visually appealing, often involves hidden costs that can delay wealth creation. According to financial experts, choosing investment-grade gold, gold ETFs, or sovereign bonds offers a more reliable path to long-term wealth accumulation, allowing investors to benefit from price appreciation without unnecessary expenses.

Understanding Gold As An Investment

Gold continues to attract investors due to its historical price appreciation and perceived stability. Experts highlight, however, that there is a clear distinction between gold bought for ornamentation and gold acquired strictly for investment purposes. Pure 24K gold, which is 99.9% pure, qualifies as “investment grade,” whereas common jewellery such as 22K, 18K, or 14K contains significantly less pure gold.

The Hidden Costs Of Jewellery

Purchasing gold jewellery involves additional expenses that can erode potential returns. Making charges on ornaments typically range from 10% to 25%, and designer pieces may carry even higher premiums. A 3% goods and services tax further adds to the cost. Experts note that jewellers often offer buyback rates below the prevailing market price, meaning investors may need five to seven years simply to break even on jewellery purchases.

Historical Performance Of Pure Gold

Looking at long-term trends, pure gold has consistently delivered solid returns. For instance, 10 grams of 24K gold priced at approximately Rs 6,300 in 2004 appreciated to around Rs 78,000 by 2024, representing a compound annual growth rate of 13–14%. Such growth has allowed investments to double roughly every 5–6 years, making 24K gold a reliable instrument for long-term wealth accumulation.

Global And Domestic Significance

India remains one of the largest consumers of gold, with households holding over 25,000 tonnes, which equates to nearly 40% of the country’s GDP. Central banks globally continue to strengthen reserves, acquiring significant quantities each year. Experts emphasise that gold supply is limited, with annual mining contributing just 1.5–2% of total stock, reinforcing its value as a scarce and durable asset.

Smarter Alternatives To Jewellery

For investors aiming to grow wealth rather than simply own ornaments, alternatives like 24K gold bars or coins with the BIS hallmark, gold ETFs, gold SIPs, and sovereign gold bonds provide better financial outcomes. These instruments allow investors to benefit from price movements without incurring heavy making charges or low buyback rates, offering a more predictable and efficient approach to gold investing.

Avoiding Emotional Purchases

Experts caution against conflating the aesthetic appeal of jewellery with investment potential. Jewellery is valuable for cultural and emotional reasons but does not compound wealth effectively. Investors are advised to separate the desire for ornamental gold from investment decisions to optimise financial growth.

Current Market Trends

Recent price movements demonstrate the continued demand and appreciation for gold. For example, 24K gold prices increased from Rs 1,08,140 per 10 grams to Rs 1,08,900 within a single day, reflecting market dynamics and investor interest. Prices vary slightly between cities, yet the overall trend indicates sustained demand and potential for returns in pure gold investment avenues.

While gold jewellery holds emotional and cultural significance, experts emphasise that it may not be the most financially efficient form of gold investment. Alternatives such as 24K bullion, ETFs, and sovereign gold bonds provide structured and cost-effective ways to accumulate wealth. Long-term planning, awareness of hidden costs, and separating emotions from investment decisions are key to leveraging gold as a powerful wealth-building asset.

Gold Bar Icon

Gold shines at peak; here’s what it means for jewellery stock investors

by with No Comment Buyers of Gold

Gold may be glittering at record highs on hopes of a US Fed rate cut and a weakening rupee, but jewellery stocks have lost their shine, tumbling as much as 35% so far this year. With the festive season around the corner and recent GST tweaks boosting consumer spending power, analysts see a chance for some sparkle to return to the beaten-down counters.

While the GST on gold itself remains unchanged at 3% on the metal and 5% on making charges, the broader reduction in slabs has increased disposable income, which could support festive purchases.

“The new slabs are expected to indirectly support jewellery demand, particularly during the festive season,” Santosh Meena, Head of Research at Swastika Investmart, told ETMarkets. He expects organized jewellers to post 14–16% revenue growth in the next two quarters. But there’s a catch, he says, as higher prices may keep volumes 10–15% lower year-on-year.

That sets the stage for a mixed quarter for the industry. India’s peak jewellery buying window from October to December typically contributes 30–35% of annual jewellery sales. Cultural factors ensure jewellery remains a must-buy during weddings and festivals, but this year’s surge in prices—up 28–39% so far in 2025—could temper enthusiasm, experts say.

“Consumers tend to buy more aggressively when prices are stable rather than trending higher, so this year’s purchases may be higher in value but lower in weight,” LKP Securities’ Jateen Trivedi said. “The optimism around the festive season is quite strong and the upcoming wedding season is also expected to be quite good, with nearly 5 million weddings expected to take place over the next 3-4 months. Though wedding demand is somewhat inelastic, the demand will be lower for discretionary gold purchases, thus overall volume growth may not be very high. On a year-over-year basis, the volume growth will be weak, but value growth can be >20-25%,” Aishvarya Dadheech of Fident Asset Management said.

Analysts also see a distinct shift in consumer behaviour. Many are opting for lighter designs, trading in old jewellery, or moving to alternatives like silver and 18K jewellery. While this could squeeze smaller players, large retailers are better placed to withstand the trend. “Rising jewellery prices are likely to suppress jewellery volumes by 10–20% in the coming quarters,” Meena said, adding that large, organized retailers may still sustain value growth through premium pricing and higher studded jewellery sales.

However, margin mix could prove to be a bright spot for jewellery stocks in the coming quarters. Studded jewellery, which carries margins of up to 30–35% compared with 10–14% for plain gold, is expected to see higher demand, especially from urban buyers. “If festive demand shifts toward studded pieces, companies could partially offset the impact of lower jewellery volumes through improved profitability,” said Trivedi. Meena expects overall margins of major players like Titan and Kalyan Jewellers to improve by 1–2% in Q3–Q4 FY26.

What should investors do?

Investor strategy, however, remains cautious. Both experts believe stability in gold prices will be key before jewellery stocks can regain sustained momentum. “Jewellery companies tend to perform better when gold prices consolidate rather than rally sharply,” Trivedi said, advising investors to stagger their purchases and add during corrections.

Top picks

Except for Titan, which has held up better thanks to its strong brand and diversified portfolio, most jewellery counters are trading in the red this year. Meena believes Titan may face some profit-booking near-term but sees potential in smaller names such as DP Abhushan, Thangamayil Jewellery, and PN Gadgil. He also favours Muthoot Finance, which benefits directly from higher gold prices through the increased value of its loan book. “I believe investors should focus on gold finance companies amid rising gold prices, as they stand to be the major beneficiaries,” he said.

On the flip side, Swastika Investmart maintains an ‘Avoid’ rating on Kalyan Jewellers, while LKP prefers sticking with larger, established players.

Stock Performance

Titan Company, the largest company by m-cap in the space, has seen its stock rally nearly 12% on a year-to-date basis. Other gainers include Thangamayil and Goldiam International, up 12% and 4%, respectively.

Laggards include Kalyan Jewellers, down nearly 35% over the same period. PC Jeweller shares have slipped nearly 20%, while PN Gadgil is down 12% YTD. Other prominent names, such as Rajesh Exports and Senco Gold, have also declined up to 32% since the beginning of the year.

Source: https://www.msn.com/en-in/money/markets/explained-gold-shines-at-peak-here-s-what-it-means-for-jewellery-stock-investors/ar-AA1MjPnQ?ocid=socialshare

Gold & Silver Treasure

Gold and silver ETFs offer up to 44% return in 2025. Can the rally sustain?

by with No Comment Buyers of GoldSilver Buyers

With Gold and Silver hitting all-time high levels, the ETFs based on these commodities have offered return up to 44% in the current calendar year so far.

Gold based ETFs have offered an average return of 40.10% in the current calendar year so far and delivered returns up to 41% in the same time period. UTI Gold ETF gave the highest return of around 41.07% in 2025 so far, followed by Aditya Birla SL Gold ETF which gave 40.48% return in the same time period.

The counterparts – silver based ETFs have offered an average return of around 42.67% in the current calendar year so far and posted return up to 43.57% in the same time period. HDFC Silver ETF FoF has offered the highest return of around 43.57% in the current calendar year this far, followed by UTI Silver ETF which gave 43.36% return in the same time horizon.

Tata Silver ETF delivered the lowest return of around 41.20% in the current calendar year so far.

According to a note by Axis Mutual Fund, gold and silver have delivered strong rallies this year, with both metals reflecting their resilience and relevance as investors seek protection and stability in a volatile global environment.

The note further stated that Gold’s rise is being driven by a combination of factors including a weaker US dollar, expectations of interest rate cuts, political pressure on the Federal Reserve, and heightened geopolitical uncertainties that reinforce its position as a safe haven.

On the other hand, Silver is benefiting from robust industrial demand with applications in solar panels, electronics, semiconductors, and electric vehicles, giving it a unique dual role as both a safe-haven asset and a driver of long-term growth opportunities.

A market expert attributed this rally to geopolitical tensions and tariff-related uncertainties, and suggested that investors allocate 15–20% of their diversified portfolios to these precious metals.

“Precious metals, especially gold, perform very well in uncertain times. Due to geo political tensions and tariff related uncertainty, Gold and Silver prices have reached record highs. Silver is at a decade high due to strong industrial demand also. Investors should allocate money in Gold & Silver as an asset allocation tool and hedge against uncertainty. In my opinion 15-20% of a diversified portfolio should be in Gold and silver,” Pallav Agarwal, Certified Financial Planner, Bhava Services LLP shared with ETMutualFunds.

Demand for gold remains well supported globally as central banks continue to diversify reserves, ETFs attract strong inflows, and investors increase purchases of bars and coins, though jewellery consumption has moderated in price-sensitive markets, Axis Mutual Fund said in the note.

The fund house also said that the silver-backed ETFs/ETPs have seen record inflows – about 95 million ounces of net additions in the first half of 2025 (January-June). This H1 inflow has already exceeded the total silver ETF inflows of the entire year 2024. As a result, by mid-2025, global silver ETF holdings hit – 1.13 billion ounces, valued at over $40 billion – a record high.

The assets under management (AUM) of Gold ETF went up by 4% from Rs 64,777 crore in June to Rs 67,634 crore in July. On a yearly basis, the AUM has surged by nearly 96% from Rs 34,455 crore in July 2024.

In the last one year, the gold based ETFs have gained up to 50% with offering an average return of 47.43% in the same time period. On the other hand, silver ETFs have offered upto 47.63% return in the last one year and gave an average return of 46.88% in the same time period.

Axis Mutual Fund expects gold prices to be in the range of 3400$ to 3600$/oz this year and the prices are unlikely to see steep correction unless the US government stops criticizing the Federal Reserve or its members and there’s a big breakthrough in solving global trade and tariff problems. It further expects Silver to remain in range of 40$-42$/oz in this year.

Another analyst comments on the six to 12 month outlook for gold and silver and says that global factors like geopolitical events, US FED monetary policy and tariff related events will decide the future price movements of these precious metals.

“Global factors like geopolitical events, US FED monetary policy and tariff related events will decide the future price movements of these precious metals and if the current uncertainty subsides, the prices will cool down a bit else they will stay firm at elevated levels,” said Agarwal.

Gold funds are used for portfolio diversification. If you have a large portfolio, you can earmark a small percentage of the total portfolio (advisors say around 10%) to invest in gold. If you are starting out or you have a very small portfolio, you can give it a miss. Investors should remember that these funds won’t offer you greater returns year after year. They are supposed to offer you diversification and add stability to your portfolio.

Gold ETFs are exchange-traded funds that track the price of physical gold. Each unit of a Gold ETF is backed by a specific quantity of gold, usually equivalent to one gram. They are listed on stock exchanges, and you need a demat and trading account to buy and sell them.

One should always consider risk appetite, investment horizon, and goals before making any investment decisions.

Source: https://www.msn.com/en-in/money/markets/gold-and-silver-etfs-offer-up-to-44-return-in-2025-can-the-rally-sustain/ar-AA1Mb18k?ocid=msedgntp&pc=U531&cvid=68c121060f1b41358bbfd699d1e54afd&ei=20

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Gold price hits new high on US Fed rate cut buzz, rallies 35% in YTD. Is it the right time to buy gold?

by with No Comment Buyers of Gold

Gold rate today: Following the optimism for the US Fed rate cut after the soft US economic data, gold prices across bourses bounced back strongly after the profit-booking trigger on Thursday. MCX gold rate climbed to a new peak of ₹1,07,807 per 10 gm on Friday and finally finished at ₹1,07,740, logging over 3.80% weekly gain in the domestic market. COMEX gold price finished at $3,653.30 per troy ounce on Friday. In this bullish trend, gold prices have rallied around 35% in YTD.

Gold rate today: Triggers for bull trend

Speaking on the reasons that are fueling gold price today, Sugandha Sachdeva, Founder of SS WealthStreet, said, “Gold prices surged to another record high of ₹1,07,807 per 10 grams, advancing 3.82% for the week and marking their third consecutive weekly gain. Softer economic data, dovish Federal Reserve signals, and persistent geopolitical and trade uncertainties have driven the rally. Fresh data from the US labour market showed that non-farm payrolls rose by just 22,000 in August, well below expectations of 75,000, while the unemployment rate climbed to 4.3%, underscoring weakening labour market conditions. This, coupled with Fed Chair Jerome Powell’s recent dovish remarks, has made a 25 bps rate cut at the September 16–17 meeting appear all but certain.”

The SS WealthStreet expert said concerns about the Fed’s independence and legal challenges around the US administration’s aggressive tariff measures have further stoked safe-haven demand.

Hedge against geopolitical uncertainty

“Year-to-date, gold has rallied 35%, reaffirming its role as a hedge against economic fragility and geopolitical shocks. Another key pillar of support has been voracious central bank buying, as nations diversify away from the US dollar. For the past three years, central banks have added over 1,000 tonnes of gold annually, more than double the decade average, and purchases in 2025 are on track to match this pace. This accumulation reflects not opportunistic buying, but a strategic realignment of global reserves. As a result, the share of gold in global reserves has risen to a three-decade high of 24% in Q1 2025, up three percentage points year-on-year,” said Sugandha Sachdeva.

US dollar under pressure

Pointing towards the weak US dollar rates lending support to the gold price rally, Rahul Kalantri, VP Commodities at Mehta Equities, said, “While the dollar index continues to hover above the 98 mark, global uncertainties arising from US trade tariffs and sustained central bank buying are lending support to precious metals. Hopes of a Fed rate cut are also underpinning prices.”

Is it the right time to buy gold?

Regarding the outlook of gold price movement, Sugandha Sachdeva said, “Looking ahead, the trend remains constructive. Domestically, gold has established a strong base of around ₹1,05,800 per 10 grams, with the next upside target being around ₹1,10,000 per 10 grams. The metal appears poised to test $3,640 per ounce in the international market soon. Tariff-related developments, alongside the upcoming US CPI print, will be the key catalysts guiding price action in the days ahead.”

Goldman Sachs sees gold prices at $5000/toz

Expecting the bull trend in the gold prices to continue, Goldman Sachs has predicted COMEX gold price to touch $5,000 per troy ounce, saying, “We see potential upside to gold prices even above our tail risk scenario of $4,500/toz, which itself is already well above our $4,000 mid-2026 baseline1, given the very small size of the physical gold ETF market relative to Treasury bonds, at only 1%. For example, we estimate that if 1% of the privately owned US treasury market were to flow into gold, the gold price would rise to nearly $5,000/toz, assuming everything else is constant. As a result, gold remains our highest-conviction long recommendation in the commodity space.”

Investment strategy for electronic gold buyers?

Whether it is the right time to buy a gold ETF, Ross Maxwell, Global Strategy Lead at VT Markets, said, “Buying a gold ETF now has both pros and cons, and whether this is the right time to buy really depends on your strategy and your reasons to buy. On the positive side, momentum is strong. ETFs like GLD or IAU offer a cost-effective, liquid, and storage-free way to invest,” adding, “If you are looking to gold for longer-term strategies, then gold’s safe-haven appeal remains high amid global uncertainty. It is often wise to hold gold as a diversification and inflation hedge as part of your overall portfolio.”

Ross Maxwell highlighted the caution for short-term gold investors: “If you are more speculative and looking for shorter-term strategies, then there are reasons for caution. Prices are already near all-time highs, making buying now riskier if momentum stalls. Gold ETFs don’t generate income, and depending on your country, tax rates on gains can be less favourable than on equities. Volatility is also a risk, especially for short-term investors and traders.”

Ross said it still makes sense for a long-term investor to start building exposure. The most appropriate way to do this is to adopt a dollar-cost averaging strategy, buying in small, regular amounts, which can help balance the risk of buying near the peak.

Source: https://share.google/LXuHOBOfAMJB4T3uM

Silver Articles Coin & Bars 3

Silver prices breaking barriers: Next Rs 1.5 lakh/kg the next stop for white metal?

by with No Comment Silver Buyers

Silver has staged a sharp rally this year, with prices on MCX recently touching Rs 1,25,000 per kg, climbing from around Rs 97,000 in February 2025. The surge has been driven by a mix of global momentum, industrial demand, and tightening supply.

With the rally in motion, analysts are eyeing the next visible target of Rs 1,50,000, underpinned by structural factors that are expected to keep silver buoyant in the near term.

The rally has not been limited to safe-haven demand. Silver’s growing role as an industrial metal, particularly in solar panels, electric vehicle batteries, 5G networks, and medical devices, is adding significant support to prices.

On the supply side, constraints remain tight, with global demand outpacing supply for four consecutive years. Deficits of 148.9 million ounces in 2024 and a further 117.6 million ounces projected in 2025 have reinforced the bullish sentiment.

Jahol Prajapati, Research Analyst at SAMCO Securities, noted that, “We had recommended Silver on 20th Feb 2025 when the price was around Rs 97,000, with a target of Rs 1,17,000 in our Samshot. That target has now been successfully achieved, silver futures on MCX recently touched Rs 1,25,000/kg, in sync with global momentum. The next visible target on the charts stands at Rs 1,50,000, and the reasons behind this trajectory are structural.”

Prajapati added that, “Silver’s rally is not only about safe-haven demand — it is being redefined as an industrial powerhouse. In August 2025, the US officially added silver to its Critical Minerals List, recognizing its central role in solar panels, EV batteries, 5G networks, and medical devices.”

He also highlighted tightening supply and institutional flows, pointing out that “Global demand has outpaced supply for four straight years, with a 148.9-million-ounce deficit in 2024 and another 117.6-million-ounce shortfall expected in 2025.”

Analysts tracking the market said silver’s rally has been fueled by both global cues and domestic factors.

According to a previous interaction with ETMarkets, Manoj Kumar Jain of Prithivifinmart Commodity Research had said, “Overall long-term trend is super bullish for silver and prices are likely to test $50 by the end of 2026 and $65 by the end of 2028. In Indian rupees, prices are likely to test rupees 1,60,000 by the end of 2026 and rupees 2,00,000 per kilogram by the end of 2028.”

Echoing similar optimism, Jigar Trivedi, Senior Research Analyst – Currencies & Commodities at Reliance Securities, had stated that, “silver remains on track for healthy monthly gains.”

Trivedi projected milestones both in the short and long term, stating that, “Silver traded around $38.8/oz and was on track to gain about 6% in August… For the long term, the prices can surge up to Rs 1,40,000/kg (by summer 2026).”

Source: https://share.google/Kzrf4om57X6OKYNUg

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Three reasons why Gold prices may hit ₹1.4-lakh mark sooner than you think

by with No Comment Buyers of Gold

Gold has always held a special place in global finance — as a store of value, a hedge against inflation, and a symbol of security. But the latest rally is telling a deeper story. This time, it isn’t just inflation or retail demand that’s driving bullion higher. The forces at play are global, structural, and long-term in nature. 

On the technical side, charts are crystal clear. Gold price recently broke out of a bullish pole-and-flag pattern on the weekly time-frame, a setup that often precedes strong continuation rallies. The Fibonacci projection points toward $4,750 per ounce, nearly 35 per cent above current levels of $3,500. For Indian investors, this translates into a potential rise from about ₹1,06,000 per 10 grams today to ₹1,40,000–₹1,45,000, if broader macro factors remain steady. But price patterns only reflect underlying demand. And demand for gold has entered a new phase. This is not the first time we are projecting gold to scale new highs. As we have been reiterating since December 2024, our call has been to stay invested in gold.  

The Global Shift: From Dollar Dependence to Gold Confidence

The real story lies in how central banks worldwide are rewriting their reserve strategy. Escalating geopolitical tensions and growing distrust of the US dollar system have forced them to diversify aggressively into gold. In Q1 2025 alone, central bank purchases were 24 per cent above the five-year average, with China and Poland leading the charge.

The Ukraine war acted as a turning point. When over $300 billion of Russian reserves were frozen in 2022, many countries realised their dollar assets could be politically weaponised. Since then, gold has become the ultimate insurance policy — liquid, portable, and immune to sanctions. Annual central bank purchases now exceed 1,000 tonnes, more than double the decade average. This is not just buying; it is strategic realignment.

The India Angle: Domestic Flows Confirm the Trend

Closer home, investor appetite is equally visible. Gold ETFs in India saw sharp inflows. Between April and July 2025, investors poured over ₹2,000 crore in June and another ₹1,256 crore in July into these funds. The reversal from earlier outflows is telling — Indian households and institutions alike are repositioning gold as a serious portfolio allocation, not just a festive purchase.

The weaker rupee has amplified the effect. While international gold hit a record $3,500 per ounce in April 2025, Indian prices crossed the psychological barrier of ₹1 lakh per 10 grams, drawing more attention from retail and institutional investors.

Investor Takeaway: Align With the Trend, Stay Disciplined

With both technicals and fundamentals aligned, gold’s uptrend looks strong. But investors should approach it strategically. Allocate in tranches — avoid chasing spikes. A 5–10 per cent portfolio allocation offers insurance without overexposure. For traders, the chart target of $4,750/oz remains a realistic medium-term level, while for long-term investors, the bigger picture is clear: gold’s role has shifted from ornamental to existential.

 In short, gold is not just shining — it is asserting itself as the new anchor of global financial security.

Source: https://search.app/nUE15

Gold on weighing scale

Gold at record highs: Should you sell, buy or wait for a dip?

by with No Comment Buyers of Gold

Gold is shining brighter than ever. Prices have yet again hit a new high, riding on global uncertainties, expectations of rate cuts and resilient investor demand. With the festival and wedding season, which gets underway in a few days, expected to push up demand further, should you buy the precious metal now or wait for the price to fall?

According to Manav Modi, analyst, Precious Metals Research, the rally has been exceptional. “Gold and silver have both seen a sharp run-up, with gold delivering more than 40 percent gains on a one-year basis. Silver, in fact, has outperformed gold in year-to-date terms,” he said.

Expectations of a rate cut by the US Federal Reserve rate cut this month and lingering uncertainty over President Donald Trump’s tariff policies continue to support gold. But the pace of this rally means investors need to be cautious. “Fundamentally, all pointers suggest further upside. However, since the rally has been quite stretched, some profit-booking is expected. For fresh buyers, I would recommend waiting for dips before entering,” Modi said.

On September 2, gold had a range-bound yet volatile session, posting a gain of $6 on Comex and Rs 200 on MCX , settling near $3,372 and Rs 100,850, respectively, said Jateen Trivedi, VP research analyst-commodity and currency, LKP Securities.

The market focus has shifted to the next week’s US unemployment data and non-farm payrolls, which, along with expectations of a Fed rate cut, are likely to keep gold supported.

Geopolitical tensions surrounding the Russia-Ukraine war continue to add volatility. “Overall, gold maintains a positive bias, with an expected trading range of Rs 99,000–Rs 1,02,000,” Trivedi said.

Buy-on-dips strategy

Modi said levels matter. ““For gold, the downside zone of Rs 1,03,500-Rs 1,03,000 is a good accumulation zone. On the higher side, we see targets of Rs 1,08,000-Rs 1,09,000 . For silver, Rs 1,18,000 remains a strong buying zone, with revised targets of Rs 1,30,000-1,35,000,” he said.

Investors who already hold gold may consider partial profit-booking and re-enter at lower levels. “If it’s a long-term holding, one can hold on or book partially and accumulate again when prices ease. For fresh buyers, patience will pay,” Modi said.

Festive season buyers

For households looking to buy jewellery during the festival season, timing is tricky. “Even at higher levels, jewellers are reporting demand,” Modi said. “But since gold is at elevated prices, it makes sense to wait for a small correction—say Rs 1,000–Rs 1,500 from current levels—before making a purchase.”

What could trigger a dip? Profit-booking isn’t the only factor that could cool prices. Global data, especially from the US labour market, and the outcome of the Federal Reserve’s meeting would be the key drivers.

“Gold and interest rates have an inverse relationship. If the Fed cuts rates in September, as is increasingly expected, gold could rally further. But if labour market data remains tight, we may see some ease-off in prices,” Modi said.

Gold remains in a long-term uptrend, supported by global monetary trends, geopolitical risks, and investor flows.

Both gold and silver are poised for further upside but the best approach is buy on dips not chase at peaks.

Source: https://share.google/KtsdnM5jdAWKIjz2F

gold

Gold price creates history, crosses Rs 1.10 lakh mark for the first time; huge enthusiasm among investors

by with No Comment Buyers of Gold

Gold Hits All-Time High: Gold has created history by crossing the Rs 1.10 lakh mark for the first time. This trend may continue for the time being due to the rise in the international market and weak US economic data. However, investors are advised to remain cautious, as sharp fluctuations in prices are possible.

There was a tremendous jump in the price of gold on Tuesday. In the domestic futures market, gold rose by Rs 458 and reached the historical level of Rs 1,10,047 per 10 grams for the first time. This increase has come due to the rise in international markets and the weakness of the US dollar.

Gold hits record level on MCX

On the Multi Commodity Exchange, gold futures for December delivery rose by Rs 458, or 0.41%, to Rs 1,10,047 per 10 gram. Meanwhile, the most traded contract for October delivery jumped Rs 482, or 0.44%, to a record high of Rs 1,09,000 per 10 gram.

The price of gold rose in the international market

and in foreign markets too, gold reached a new peak. Gold for December delivery in the US market Comex reached US$ 3,694.75 per ounce, which is the highest level ever.

Why did the price of gold increase?

According to Jigar Trivedi, Senior Research Analyst at Reliance Securities, weak US employment data was released last week. This increased the possibility that the Federal Reserve (US central bank) could cut interest rates three times this year. A rate cut of 0.25% (25 basis points) is expected at the next Federal Reserve policy meeting. A reduction in interest rates increases the demand for gold as gold becomes a more attractive option for investors.

Effect of dollar weakness: Gold got direct benefit of the weak US dollar. When the dollar weakens, it becomes cheaper to buy gold in other currencies. This increases its demand internationally and prices go up.

Investors excited due to increase in gold prices: Due to rapidly rising prices, investors have become enthusiastic about gold. Many investors consider it a safe investment, especially in times of economic uncertainty. It is advisable for investors that the volatility in gold may increase further in the coming days.

Where will it have an impact?

There can also be an increase in the prices of gold jewellery in the domestic market. At the same time, customers may have to face expensive gold in the upcoming festive and wedding season.

Source: https://www.msn.com/en-in/money/markets/gold-price-gold-price-creates-history-crosses-rs-1-10-lakh-mark-for-the-first-time-huge-enthusiasm-among-investors/ar-AA1Mcht0?ocid=msedgntp&pc=U531&cvid=68c0febaf06e4336b31af9d9207b0e5a&ei=10

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How much GST will you pay on gold, silver jewellery after GST 2.0 reforms?

by with No Comment Buyers of Gold

The GST Council in its 56th meeting on Wednesday announced next generation GST reforms, simplifying the goods and services tax (GST) from the current four-slab structure of 5, 12, 18 and 28% to a two-rate structure of 5 and 18%. Meanwhile, a special 40% slab will be introduced for a select few items such as high-end cars, tobacco and cigarettes. These new GST rates will be effective from September 22 2025.

The GST system saw its biggest reform since its introduction on July 1, 2017. Most daily household essentials are likely to fall in lower tax brackets and will be cheaper once new rates come into effect.

As we read about GST slab changes and various items getting cheaper, the GST rate on gold and silver has been kept unchanged.

GST on gold and silver jewellery will remain unchanged at 3%, with an additional 5% on making charges. Meanwhile, Gold coins and bars will continue to have 3% GST. Hence, the GST 2.0 reforms will not have a direct impact on demand for bullion.

Check below calculation

When you buy 10 gram of gold jewellery in India, you pay 3% GST on the gold value and an additional 5% GST on making charges.

  • Gold price: ₹10,650 per gram
  • Total gold value (10 grams): ₹10,650 × 10 = ₹1,06,500
  • Making charges (assumed at 10% of gold value): ₹10,650
  • GST on gold (3% of ₹1,06,500): ₹3,195
  • GST on making charges (5% of ₹10,650): ₹532.5
  • Total GST: ₹3,195 + ₹532.5 = ₹3,727.5
  • Total payable amount: ₹1,06,500 + ₹10,650 + ₹3,727.5 = ₹1,20,877.5

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Gold jewelry buyers

by with No Comment Buyers of Gold

When looking to sell your gold jewelry, finding trusted gold jewelry buyers is essential to ensure you get a fair price. Gold jewelry buyers specialize in purchasing various types of gold pieces, whether they are rings, necklaces, or bracelets. To get the best value for your items, it’s important to research and select reputable gold jewelry buyers who offer competitive rates based on the current market price of gold. By choosing reliable gold jewelry buyers, you can have a smooth and profitable selling experience.