Gold prices hit record high amid safe-haven demand, US Fed rate cut expectations

September 16, 2025 12:35 PM

Gold prices hit record high amid safe-haven demand, US Fed rate cut expectations

Gold prices surged to a fresh record high on Tuesday, crossing the ₹1,10,000 mark, as heightened safe-haven demand and anticipation of a US Federal Reserve rate cut boosted the yellow metal. According to the India Bullion and Jewellers Association (IBJA), the price of 24-carat gold stood at ₹10,951 per gram as of 10:17 am. Earlier in the day, gold touched ₹1,10,650 per 10 grams, up from ₹1,09,820 on Monday. In global markets, spot gold was priced at $3,679 per ounce, just shy of Monday...

Rate cut likely in next RBI MPC meet amid global developments: Morgan Stanley

August 6, 2025 5:05 PM

Rate cut likely in next RBI MPC meet amid global developments: Morgan Stanley

Morgan Stanley on Wednesday said that in terms of policy response, it sees the likelihood of another rate cut by the RBI in Q4 (likely in October policy) amid headwinds from tariff-related developments. In a unanimous vote, the RBI MPC kept the policy rate unchanged at 5.5 per cent, in line with expectations. All members voted to retain the stance at neutral. “The policy statement noted that the benign trend in the headline inflation print is likely to be transitory, on the back to lower foo...