Latest news with #AkshaKamboj
News18
17-07-2025
- Business
- News18
Gold Inflows Hit Rs 2,080 Cr In June; Here's Why Investors Are Rushing Back
Last Updated: Rising gold prices, geopolitical tensions, and volatility in equity and debt markets have all contributed to gold's growing appeal. Gold ETF: Gold Exchange-Traded Funds (ETFs) witnessed a sharp resurgence in investor interest in June 2025, with net inflows touching Rs 2,080.85 crore—the highest monthly inflow since January—according to data from the Association of Mutual Funds in India (AMFI). The sharp rebound in June month followed by an outflow of Rs 5 crore in April month. The surge comes after relatively subdued activity earlier in the year, with March and April registering marginal outflows. Experts attribute the renewed enthusiasm to a combination of global and domestic factors. 'Gold ETFs experienced a robust comeback in June…a demonstration of investor appetite for gold as a tried and tested safe-haven," said Aksha Kamboj, Vice President of the India Bullion & Jewellers Association (IBJA). She added that the turnaround from April's decline signals a regained faith in gold as a reliable hedge against ongoing trade and economic uncertainties. The inflows also follow a modest recovery in May, which saw Rs 291.91 crore in net investments. 'The inflow may be a result of investors coming back to gold after booking profits earlier between March and May," noted Satish Dondapati, Vice President and Fund Manager at Kotak AMC. Nehal Meshram, Senior Analyst at Morningstar Investment Research India, pointed out that two new Gold ETFs were launched in June, raising Rs 41 crore. While the mobilisation from new launches was modest, she said it added to the broader trend of rising flows. 'With net inflows crossing Rs 8,000 crore in the first half of 2025, Gold ETFs are increasingly being used as part of long-term asset allocation strategies," she said. Rising gold prices, geopolitical tensions, and volatility in equity and debt markets have all contributed to gold's growing appeal. As Meshram observed, 'The robust inflows in June indicate a decisive shift in sentiment." view comments First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
News18
17-07-2025
- Business
- News18
Silver Soars 32% In 2025: ETFs See Record Inflows Amid 13-Year High, Time To Buy?
Silver surged 32% in 2025, hitting $38 per ounce due to industrial demand, supply deficits, and investor interest. Silver ETFs demand surge in recent times. Silver ETFs: Silver has turned out to be one of 2025's most exciting stories in the commodities space, jumping over 32% this year and crossing $38 per ounce—levels not seen since 2011. Behind this rally is a powerful mix of industrial demand, tightening global supply, and investor appetite, which is also driving a surge in silver-focused Exchange-Traded Funds (ETFs). Indian retail investors are increasingly joining this global wave through simplified access on platforms. 'This isn't just a commodity cycle—it's a structural shift," says Subho Moulik, CEO & Founder of Appreciate. 'Over 50% of silver demand now comes from solar panels and electronics. Pair that with five consecutive years of supply deficits, and you get sustainable price momentum. Silver is uniquely placed as both an industrial metal and a safe-haven asset, making it a rare dual-purpose investment." US-listed silver ETFs like SLV and SIVR have rallied 28% YTD, while silver mining ETFs such as SIL and SILJ have jumped over 50%. Indian investors can now access these global instruments directly, with minimal barriers. He adds, 'In INR terms, silver has strong support around Rs 1,09,450. If global momentum continues, Rs 1,13,000 isn't far." Analysts believe silver's role in clean energy—especially solar installations, EVs, and 5G—will only grow. With that, silver is increasingly moving from being a tactical trade to a strategic portfolio allocation, especially through ETFs that offer direct, cost-effective exposure. Aksha Kamboj, VP at India Bullion & Jewellers Association (IBJA) and Executive Chairperson of Aspect Global Ventures, echoes the view. 'Silver has reached a milestone today, breaching Rs 1,12,000 per kg. The record points to increasing demand from the industry and investors. The Rs 1.12 lakh benchmark is not just a number—it reflects silver's growing appeal in a tech-driven, sustainable economy," she says. 'Long-term investors can consider staggered entries or SIPs in silver ETFs." view comments First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
News18
07-07-2025
- Business
- News18
Gold Price Today In India, July 7: Yellow Metal Falls On MCX
Last Updated: Gold Prices Today, July 7: In Mumbai, the price of gold stood at Rs 90,100 per 10 grams for 22-carat and Rs 98,290 per 10 grams for 24-carat. Gold Prices In India Today, July 07: Gold prices in India fell on Monday after US President Donald Trump signalled progress on multiple trade agreements and announced extended tariff reprieves for several countries, dampening demand for the safe-haven metal. In Mumbai, the price of gold stood at Rs 90,100 per 10 grams for 22-carat and Rs 98,290 per 10 grams for 24-carat. The silver price stood at Rs 1,09,900 per kg in Mumbai. In the futures market on the MCX, gold futures (expiring on August 5, 2025) were trading lower at Rs 96,555 per 10 gram, down by 0.45%, whereas silver (expiring on September 5, 2025) saw a decline of 0.14% to trade at Rs 1,08,274 per kg. Aksha Kamboj, vice-president of the India Bullion and Jewellers Association and executive chairperson of Aspect Global Ventures, said, 'Gold prices continue to edge lower amid uncertainty surrounding the Trump administration's reciprocal tariff deadline. Also, increased deal-making announcements by some of the notable countries during the three-week period leading up to August 1 could further improve sentiment toward risk assets, adding downward pressure on bullion. However, upcoming festivals like Onam and Raksha Bandhan may help support demand for gold, with any price declines likely seen as an opportunity by buyers. That said, there are limited catalysts currently in place to drive prices significantly higher." What Is The Price Of 22kt, 24kt Gold Rates Today In India Across Key Cities? First Published: July 07, 2025, 09:50 IST
Time of India
03-07-2025
- Business
- Time of India
Gold Rate Today: Yellow metal rises to Rs 97,470/10 gm ahead of US payroll data for Fed policy clues
Gold prices inched higher on Thursday as investors awaited the release of US non-farm payroll data , which could provide fresh signals on the Federal Reserve's interest rate path. At 10:35 am, August gold futures on the Multi Commodity Exchange ( MCX ) were trading at Rs 97,470 per 10 grams, up Rs 80 from the previous close. However, August silver futures slipped Rs 169, or 0.16%, to Rs 1,07,349 per kg. In the international market, spot gold fell 0.3% to $3,348.10 per ounce as of 0412 GMT, while US gold futures were steady at $3,359.10. The latest data from ADP showed that US private payrolls dropped by 33,000 jobs in June — the first decline in more than two years — amid ongoing economic uncertainty . Despite the dip in hiring, layoffs remained subdued, suggesting resilience in the broader labour market. The US Labor Department's non-farm payrolls report, due later on Thursday, is expected to show an addition of 110,000 jobs in June, down from 139,000 in May, according to a Reuters poll. "Gold prices have climbed for three consecutive days, driven by continued weakness in the US Dollar. Disappointing private payroll data has strengthened expectations of an earlier-than-anticipated interest rate cut by the Federal Reserve. Markets are now closely watching the upcoming non-farm payrolls report, which could prove pivotal not only for equities but also for the near-term direction of bullion," said Aksha Kamboj, Vice President, India Bullion and Jewellers Association and Executive Chairperson, Aspect Global Ventures. In other global developments, US President Donald Trump on Wednesday announced a lower-than-promised 20% tariff on various imports from Vietnam, the US's tenth-largest trading partner. Meanwhile, trade negotiators from the US and India are racing to finalise a tariff-reducing deal before the July 9 deadline, with Trump showing optimism despite stalled discussions with Japan. Non-yielding assets like gold tend to benefit in times of economic uncertainty and a low interest rate environment. Among other precious metals, spot silver fell 0.5% to $36.40 per ounce, platinum dropped 1.3% to $1,400.65, and palladium declined 1.1% to $1,142. "Gold has support at $3320-3295 while resistance at $3360-3375. Silver has support at $36.00-35.75 while resistance is at $36.70-36.95. In INR gold has support at Rs 96,990-96,680 while resistance at Rs 97,810-98,280. Silver has support at Rs1,05,480-1,04,550 while resistance at Rs 1,06,950-1,07,700," said Rahul Kalantri, VP Commodities, Mehta Equities. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
News18
02-07-2025
- Business
- News18
Silver Price Outlook 2025: Will Silver Continue To Shine More After A Record Run?
Last Updated: Silver Price Outlook 2025: The outlook for silver over the next 6–12 months is positive, with expectations of increase in silver prices. Silver Price Outlook 2025: The silver price saw a rally in 2025 to reach a record 13-year high, especially in the last two months embroiled with geopolitical uncertainty due to India-Pakistan and Iran-Israel tensions and supply-demand constraints. On a Year-To-Date basis, Silver rose almost 22.25 per cent to reach USD 36.11 per ounce in 2025. At the start of the year, it hovered in the price range of USD 26-28 per ounce. Analysts say factors such as buoyant industrial demand and supply constraints due to geopolitical tensions could be the major factor in pushing the silver price in north. Even as global tensions ease and equity markets strengthen, silver maintains its relevance due to sustained industrial consumption and constrained supply, said Aksha Kamboj, VP, India Bullion & Jewellers Association (IBJA) and Executive Chairperson, Aspect Global Ventures. Is Silver Still Cheaper Than Gold? Experts believe that silver is still cheaper than gold despite the rally to hit 13-year high. They see the upside potential in the near future to give good returns. The gold-silver ratio has dropped from above 100 to about 93, showing that silver has been gaining compared to gold. Silver is still trading well below its 2011 peak of $50, and we believe there is still room for further upside in the current market, argued Satish Dondapati, fund manager of Kotak AMC. Currently trading around Rs 110,000 per kg, Kamboj explained, silver is increasingly seen not just as a lower-cost safe haven, but as a vital industrial metal essential to sectors such as solar energy, electronics, and clean technology. She added while gold embodies tradition and wealth preservation, silver offers accessibility and growth potential making it not just a secondary choice, but a strategic complement. Silver Future Outlook 2025 The outlook for silver over the next 6–12 months is positive, with expectations of increase in silver prices driven by strong industrial demand, supply constraints, weakening US dollar and macroeconomic factors, said Dondapati. Dondapati said if it drops further to 70, silver could reach around $48.57 per ounce. He added silver has strong long-term potential, but investors should be cautious of risks like high price volatility, a stronger U.S. dollar, or rising interest rates.
