From The Hindu BusinessLine
Center-Right Owned by The Hindu Group (Kasturi & Sons)Gold rises on softer oil; markets parse Fed signals
What's behind this
On 3 November 2026, gold and silver prices fell in Bangalore, reflecting weakness in the domestic bullion market. In the same period, India’s gold demand dropped 29% in the July‑September quarter, with total jewellery demand down 20% to 99.9 tonnes from 125 tonnes a year earlier, while the value of jewellery demand rose 16% to ₹1,48,700 crores. Indians are also holding onto gold in lockers, hoping for better prices, and overall gold demand is expected to fall.
AI-generated overview from 2 outlets. It summarises their reporting and adds no reporting of its own.
What each side is saying
One outlet's own words from each side of the spectrum. Quoted, not summarised.
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center · 2 outlets
CHENNAI : Gold prices in the city rose by Rs 360 per sovereign on Monday (November 2). The yellow metal is now priced at Rs 1,02,200 per sovereign and Rs 12,775 per gram, after an increase of Rs 45 per gram. Earlier, on October 31, the yellow metal was priced at Rs 1,01,840 per sovereign and Rs…
— DT Next
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right · 4 outlets
Gold and silver prices rebounded in international markets on November 2 after a sharp decline in the previous session. Comex gold gained 0.24% to $3,908.30 per ounce, while silver rose 1.05% to $49.795.
— NDTV
RSS excerpt
Spot gold rose 0.9% to $3,907.94 per ounce by 0633 GMT, after hitting a one-year low in the previous session
