From The Tribune
Center Owned by The Tribune TrustGold may rally to USD 4,500, silver faces downside risks amid AI sector volatility: Kotak Neo’s Kaynat Chainwala
What's behind this
On 6 November, retail rates for 24‑karat and 22‑karat gold and 999 silver were reported for Delhi, Mumbai and Kolkata, with market updates from the MCX. The same day, a rise in gold prices was reported to be affecting Dhanteras sales, with 22‑carat gold quoted at ₹1,31,500 for 10 grams. Earlier coverage noted that a previous fall in gold prices had boosted Dhanteras sales, but current figures show a price increase.
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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left · 1 outlet
India's gold jewellery demand fell 20 per cent in volume terms in the September quarter, while its value rose 16 per cent year-on-year.
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center · 2 outlets
Gold prices could rally towards USD 4,400–4,500 per ounce in the coming months if geopolitical tensions ease and crude oil prices decline, while silver may face heightened volatility due to concerns surrounding the artificial intelligence (AI) and technology sectors, according to Kaynat Chainwala…
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right · 2 outlets
Dhanteras 2026 falls today on 6 November. Check the latest 22K and 24K gold rates, silver prices and auspicious shopping muhurat in Kochi and Thrissur, including Pradosh Kaal timings and important buying tips for Kerala households.
— Livemint
RSS excerpt
Gold prices could rally towards USD 4,400–4,500 per ounce in the coming months if geopolitical tensions ease and crude oil prices decline, while silver may face heightened volatility due to concerns surrounding the artificial intelligence (AI) and technology sectors, according to Kaynat Chainwala…
