India has made a major gold discovery in the state of Odisha, with initial estimates suggesting the reserves could be among the largest in the country. According to the Geological Survey of India (GSI), the newly identified deposits are located in the Keonjhar and Mayurbhanj districts. Preliminary assessments indicate that these gold reserves could significantly…
Gold broke through the $3,000 per ounce barrier for the first time on March 14, 2025, marking a historic rally as investors sought refuge in the safe-haven asset amid escalating economic uncertainty, as reported by Reuters. This milestone, driven by U.S. President Donald Trump’s tariff policies and global trade tensions, saw spot gold hit an…
As of February 24, 2025, gold prices are approaching record highs, driven by a combination of economic uncertainties, geopolitical tensions, and currency fluctuations. Global Gold Prices Near Record Levels On February 20, 2025, spot gold reached an all-time high of $2,954.69 per ounce, marking the tenth record high this year. As of February 24, spot…
Gold kicked off Thursday morning with a bang, smashing through the $2,200-per-troy-ounce mark for the first time ever and picking up right where its record-breaking March rally left off. The front-month futures were hovering around $2,203 recently, a solid 2.1% jump from Wednesday’s close and a hefty 7.7% climb since the start of the month….