November, 12 2026 Thursday 09:23 Hrs
Last update 11-9-2025
  • SENSEX :   81,810.64

  • Top commodity trading and broking companies in India-68.76( -0.08%) 12-Nov-2026

Mid Session Commentary - Detailed News

Gold reclaims $4100 per ounce mark
09-Nov-26   16:01 Hrs IST
COMEX Gold futures advanced consistently today, bolstered by indications of robust fund interest. The World Gold Council or WGC reported in a recent update that global gold ETFs continued to expand, registering US$2.7 billion or bn in October, primarily driven by European funds. Global gold ETF holdings increased by 19 tonnes (t) to 4,275t, although their AUM declined 6% to US$542 bn reflecting the decreased gold price during the month. European funds spearheaded the inflows. Over the first ten months of the year, global gold ETFs accumulated US$41bn, marking the third largest on record, with holdings rising by 246t. The metal also observed positive demand in the Indian retail market following spot prices nearing a one year low. COMEX Gold futures are currently valued at $4103 per ounce, exhibiting a 0.79% increase on the day.
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