Gold eases on profit-taking after scaling over one-month peak
1 week, 4 days ago

Gold eases on profit-taking after scaling over one-month peak

Live Mint  

* Gold hits highest since Nov. 6 * Current scenario remains supportive for gold - analyst * US PPI data due at 1330 GMT * Market sees 98% chance of 25-bp Fed rate cut next week By Rahul Paswan Dec 11 - Gold slipped on Thursday as investors booked profits after prices hit a more than one-month high on increased expectations of an interest rate cut by the Federal Reserve next week. "It's just profit-booking because we've seen a good rally in gold due to various factors this week, including geopolitical tensions, China resuming gold purchases, and the inflation number yesterday being in line with expectation," said Ajay Kedia, director at Kedia Commodities, Mumbai. According to CME's FedWatch Tool, traders now see a 98.5% chance of a 25-basis-point Fed rate cut on Dec. 18, compared with about 86% odds before the U.S. inflation report. U.S. consumer prices increased by the most in seven months in November, but that is unlikely to discourage the Fed from cutting rates for a third time next week against the backdrop of a cooling labor market.

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History of this topic

Gold rate today: Yellow metal trades flat ahead of US Fed meeting. US dollar in focus
6 days, 14 hours ago

Gold rate today: Yellow metal trades flat ahead of US Fed meeting. US dollar in focus

Live Mint  

Gold rate today: Before the beginning of the US Fed meeting, gold prices opened flat on Tuesday. US Fed meeting Expecting the gold prices to remain sideways ahead of the US Fed meeting outcome, Anuj Gupta, Head — Commodity & Currency at HDFC Securities, said, “Gold prices are expected to follow US dollar prices as the outcome of US Fed …

Gold steady as traders await central banks' rate decisions
6 days, 17 hours ago

Gold steady as traders await central banks' rate decisions

Hindustan Times  

Gold was steady as traders remained cautious ahead of interest-rate decisions by major central banks, including the Federal Reserve. Ahead of the Federal Reserve and other major central banks' interest-rate announcements, gold prices stayed stable as traders exercised caution. Activity at US service providers is expanding at the fastest pace since October 2021, while a measure of New York state …

Gold, silver price today, December 13, 2024: Precious metals witness dip on MCX
1 week, 3 days ago

Gold, silver price today, December 13, 2024: Precious metals witness dip on MCX

India Today  

Both gold and silver prices recorded a dip on the Multi Commodity Exchange on Friday, December 13, 2024. Gold futures, maturing on February 5, 2024, stood at Rs 77,870 per 10 grams on the MCX, after recording a dip of Rs 99 or 0.13 per cent. GOLD, SILVER PRICES IN MAJOR CITIES CITY GOLD SILVER NEW DELHI Rs 7,245 Rs …

US dollar, Fed rate cut to drive gold prices in 2025
1 week, 4 days ago

US dollar, Fed rate cut to drive gold prices in 2025

Deccan Chronicle  

Chennai: Gold made 40 new record highs y-t-d in 2024 and gold price has increased by more than 28 per cent, outperforming most of the global asset classes, finds World Gold Council. In 2024, gold reached 40 new record highs y-t-d and total gold demand in the third quarter surpassed US$100 billion for the first time. By appreciating 28 per …

Gold rises for fifth day
1 week, 4 days ago

Gold rises for fifth day

Live Mint  

Dec 12 - Gold nudged higher for a fifth straight session on Thursday to hover near a more than two-week peak, supported by increased expectations of an interest rate cut from the Federal Reserve next week after U.S. inflation data came in line with forecast. * U.S. consumer prices increased by the most in seven months in November, but that …

Gold prices hit 2-week high at Rs 78,800/10 gms ahead of US inflation data
Trending News
1 week, 5 days ago

Gold prices hit 2-week high at Rs 78,800/10 gms ahead of US inflation data

India TV News  

Gold prices hit a two-week high of Rs 78,800 per ten grams after managing to cross this milestone in the last trading session. As of 10:09 am, February gold futures were trading at Rs 78,840 per 10 grams on the MCX, a rise of Rs 502 or 0.64% from the previous session’s close. Spot gold also climbed 0.2% to $2,698.47 …

Gold price today: Rates jump 1% ahead of US inflation data; experts reveal trading strategies, key levels for MCX Gold
1 week, 5 days ago

Gold price today: Rates jump 1% ahead of US inflation data; experts reveal trading strategies, key levels for MCX Gold

Live Mint  

Gold price today: Gold rates surged nearly 1 per cent in the domestic futures market during Wednesday's morning session as investors awaited November US inflation data to get cues on the US Federal Reserve's interest rate path. Gold prices in international markets hit a two-week high on Wednesday, ahead of the release of the US Consumer Price Index data later …

Gold price today: Rates rise ahead of RBI policy, US payrolls data; experts highlight key levels for MCX Gold
2 weeks, 3 days ago

Gold price today: Rates rise ahead of RBI policy, US payrolls data; experts highlight key levels for MCX Gold

Live Mint  

Gold price today: Gold rates climbed in the domestic futures market on Friday morning amid mixed global cues, with the focus centred on the RBI policy outcome and US payroll data. Track RBI monetary policy meeting LIVE updates here In international markets, as Reuters reported, gold held steady but was headed for a second straight week of decline, with a …

Gold prices subdued as traders brace for US payrolls data
2 weeks, 4 days ago

Gold prices subdued as traders brace for US payrolls data

Live Mint  

* U.S. payrolls report due on Friday * Powell says Fed can afford to be a little more cautious * Silver will struggle to move higher amid consolidating gold prices - ANZ By Rahul Paswan Dec 5 - Gold prices were subdued on Thursday as investors remained cautious ahead of U.S. payrolls data that could provide more insights into the …

Gold price today: Rates dip ahead of RBI policy decision, US payrolls data; experts highlight key levels for MCX Gold
2 weeks, 4 days ago

Gold price today: Rates dip ahead of RBI policy decision, US payrolls data; experts highlight key levels for MCX Gold

Live Mint  

Gold price today: Gold rates declined in the domestic futures market on Thursday morning as investors grew cautious ahead of the Reserve Bank of India's monetary policy announcement on Friday. Gold trade changed little in international markets after Fed Chair Jerome Powell said the economy was stronger than the central bank's earlier expectations. Key levels for MCX Gold According to …

Gold price today: Rates climb but rising dollar caps gains; US jobs data in focus; experts unveil strategy for MCX Gold
2 weeks, 6 days ago

Gold price today: Rates climb but rising dollar caps gains; US jobs data in focus; experts unveil strategy for MCX Gold

Live Mint  

Gold price today: Gold rates climbed in the domestic futures market on Tuesday morning as fresh geopolitical developments underpinned the yellow metal. Reuters reported that the “fresh Israeli strikes came shortly after Hezbollah accused Israel of violating a ceasefire agreement and fired missiles on an Israeli military position in the disputed Shebaa Farms area.” Gold prices tend to gain during …

Gold, silver price today, December 3, 2024: Precious metals record hike on MCX
2 weeks, 6 days ago

Gold, silver price today, December 3, 2024: Precious metals record hike on MCX

India Today  

Both gold and silver prices recorded a hike on the Multi Commodity Exchange on Tuesday, December 3, 2024. Gold futures, maturing on February 5, 2024, stood at Rs 76,764 per 10 grams on the MCX, after recording a jump of Rs 77 or 0.10 per cent. GOLD, SILVER PRICES IN MAJOR CITIES CITY GOLD SILVER NEW DELHI Rs 7,145 Rs …

Gold gains on softer US dollar, geopolitical concerns; set for weekly fall
3 weeks, 3 days ago

Gold gains on softer US dollar, geopolitical concerns; set for weekly fall

Live Mint  

* Bullion down 2% so far this week * Silver, platinum and palladium down for week * Russia hits Ukrainian energy facilities By Daksh Grover Nov 29 - Gold prices rose on Friday, helped by a slight dip in the U.S. dollar and growing geopolitical tension, but remained on track for a weekly decline as markets awaited key U.S. data …

Gold price today: MCX gold rate retraces ₹4000 from record high. US Fed rate cut in focus
3 weeks, 4 days ago

Gold price today: MCX gold rate retraces ₹4000 from record high. US Fed rate cut in focus

Live Mint  

Gold rate today: Following the easing geopolitical tension after the ceasefire news regarding the Israel-Hezbollah war, gold prices continue to witness selling pressure during early morning deals. MCX gold rate for the December 2024 future contract opened downside at ₹75,501 per 10 gm and touched an intraday low of ₹75,444 within a few minutes of the Opening Bell. They said …

Gold drops over 1% on profit-booking, Trump’s Treasury Secretary pick
Trending News
4 weeks ago

Gold drops over 1% on profit-booking, Trump’s Treasury Secretary pick

Live Mint  

* Inflation surprise, hawkish US policy may prompt Dec. rate hold- analyst * Market sees 51% chance of 25 bps Fed rate cut in December * Fed’s Nov FOMC meeting minutes, GDP data, core PCE due this week By Daksh Grover Nov 25 - Gold prices dropped over 1% on Monday, weighed down by profit-taking after a five-session rally, with …

Gold near 3-week high on softer US dollar, geopolitical concerns
Trending News
4 weeks ago

Gold near 3-week high on softer US dollar, geopolitical concerns

Live Mint  

Nov 25 - Gold prices ticked higher on Monday, nearing a three-week high, supported by a weaker U.S. dollar and safe-haven demand amid rising geopolitical tensions, as investors awaited more data to gauge the U.S. Federal Reserve's policy outlook. * Data on Friday showed that U.S. consumer sentiment ticked up for a fourth straight month in November, led by a …

Gold, silver price today, November 22, 2024: Precious metals record hike on MCX
1 month ago

Gold, silver price today, November 22, 2024: Precious metals record hike on MCX

India Today  

Both gold and silver prices recorded a hike on the Multi Commodity Exchange on Friday, November 22, 2024. Gold futures, maturing on December 5, 2024, stood at Rs 77,105 per 10 grams on the MCX, after recording a jump of Rs 412 or 0.54 per cent. GOLD, SILVER PRICES IN MAJOR CITIES CITY GOLD SILVER NEW DELHI Rs 7,240 Rs …

Gold price today: Rates move up on elevated geopolitical tensions; experts share strategy for MCX Gold
1 month ago

Gold price today: Rates move up on elevated geopolitical tensions; experts share strategy for MCX Gold

Live Mint  

Gold price today: Gold rates climbed in the domestic futures market Thursday morning, supported by positive global cues amid reports of escalating geopolitical tensions. In international markets, gold prices rose for the fourth consecutive session on Thursday, amid escalating tensions in the Russia-Ukraine conflict, while investors awaited remarks from Federal Reserve policymakers on the interest rate outlook. Experts say apart …

Goldman's bullish call: Why gold is set to outshine by 2025
1 month ago

Goldman's bullish call: Why gold is set to outshine by 2025

India Today  

Goldman Sachs analysts have predicted that gold prices could reach new highs in 2025, driven by central bank demand and expected cuts in US interest rates. As for whether prices will drop further, I feel that while we are seeing talk of a ‘Trump Slump’ and short-term headwinds, India’s deep cultural affinity for gold, mixed by its festive and wedding …

Gold price today: Yellow metal rises as dollar sees profit booking; experts share key levels for MCX Gold rate
1 month ago

Gold price today: Yellow metal rises as dollar sees profit booking; experts share key levels for MCX Gold rate

Live Mint  

Gold price today: Gold rates rose in the domestic futures market on Tuesday morning, supported by positive global trends and strong demand in the local spot market. MCX Gold for December 5 expiry traded 0.43 per cent higher at ₹75,369 per 10 grams around 9:10 am. Key levels for MCX Gold rate Manoj Kumar Jain of Prithvifinmart Commodity Research suggests …

Gold price today: Rates jump almost 1% on positive global cues; experts share strategy for MCX Gold
1 month ago

Gold price today: Rates jump almost 1% on positive global cues; experts share strategy for MCX Gold

Live Mint  

Gold price today: Gold rates posted solid gains in the domestic futures market on Monday morning, supported by positive global cues and robust buying in the domestic spot market. According to a Reuters report, international spot gold prices rose about 0.4 per cent to $2,571.11 per ounce by 0041 GMT, after hitting a two-month low last week. Manav Modi, a …

Gold, silver price today, November 18, 2024: Precious metals record hike on MCX
1 month ago

Gold, silver price today, November 18, 2024: Precious metals record hike on MCX

India Today  

Both gold and silver prices recorded a hike on the Multi Commodity Exchange on Monday, November 18, 2024. Gold futures, maturing on December 5, 2024, stood at Rs 74,640 per 10 grams on the MCX, after recording a jump of Rs 694 or 0.94 per cent. GOLD, SILVER PRICES IN MAJOR CITIES CITY GOLD SILVER NEW DELHI Rs 7,010 Rs …

Gold Prices Today: Yellow metal set for biggest weekly drop in 3 years after Powell urges caution on rate cuts
1 month, 1 week ago

Gold Prices Today: Yellow metal set for biggest weekly drop in 3 years after Powell urges caution on rate cuts

Live Mint  

Gold prices on Friday were on track for their biggest weekly decline in over three years as expectations of less aggressive interest rate cuts by the U.S. Federal Reserve lifted the dollar, denting allure for bullion among investors. Spot gold rose 0.2% to $2,571.99 per ounce as of 10:00 a.m. Prices have fallen more than 4% so far this week, …

Gold is suddenly not so glittery after Trump’s White House victory
1 month, 1 week ago

Gold is suddenly not so glittery after Trump’s White House victory

Associated Press  

NEW YORK — After ripping higher for much of this year, the price of gold has suddenly become not so golden since Donald Trump’s victory in the presidential election. That’s even though investors are expecting a Trump White House to drive tax rates lower and tariffs higher. Trump’s preference for lower taxes and higher tariffs is also forcing Wall Street …

Gold rate today: Yellow metal trades near 1-month low, silver slips below ₹90,000 per kg
1 month, 1 week ago

Gold rate today: Yellow metal trades near 1-month low, silver slips below ₹90,000 per kg

Live Mint  

Gold rate today: Gold prices on MCX inched higher Tuesday after a sharp slump seen in the previous session. International bullion prices also gained, but hovered near a one-month low, while investors awaited key US economic data and remarks from Federal Reserve officials, seeking greater clarity on the future trajectory of interest rates. At 9:20 am, MCX gold prices gained …

Gold Holds Near One-Month Low as Dollar Rallies After Trump Win
1 month, 1 week ago

Gold Holds Near One-Month Low as Dollar Rallies After Trump Win

Live Mint  

Gold held near a one-month low after tumbling on Monday as Donald Trump’s presidential win boosted the dollar further. A gauge of the dollar rose to its highest level in a year, with markets expecting more gains linked to Trump’s trade tariffs and solid US economic growth. The precious metal has declined more than 4% since last week’s election, as …

Gold, silver price today, November 12, 2024: Precious metals record hike on MCX
Trending News
1 month, 1 week ago

Gold, silver price today, November 12, 2024: Precious metals record hike on MCX

India Today  

Both gold and silver prices recorded a hike on the Multi Commodity Exchange on Tuesday, November 12, 2024. Gold futures, maturing on December 5, 2024, stood at Rs 75,420 per 10 grams on the MCX, after recording a jump of Rs 69 or 0.09 per cent. GOLD, SILVER PRICES IN MAJOR CITIES CITY GOLD SILVER NEW DELHI Rs 7,234 Rs …

Gold drops over 2% as dollar strengthens; investors await Fed policy cues
1 month, 1 week ago

Gold drops over 2% as dollar strengthens; investors await Fed policy cues

Live Mint  

By Sherin Elizabeth Varghese - Gold prices slipped more than 2% on Monday, weighed down by the greenback's continued rise and the broader implications of Donald Trump's victory on fiscal policy and interest rate cuts. Stronger dollar is weighing on gold prices for the first time in months because it's also associated with increasing odds that the Federal Reserve might …

Gold price today: Rates fall almost 1% on dollar’s rise; experts highlight key levels for MCX Gold rate
1 month, 1 week ago

Gold price today: Rates fall almost 1% on dollar’s rise; experts highlight key levels for MCX Gold rate

Live Mint  

Gold price today: Gold rates declined almost a per cent in the domestic futures market in the morning session on Monday, November 11, as the US dollar remained firm. Gold prices lack fresh triggers at this juncture, and there is much uncertainty about the path of interest rates, the impact of Donald Trump's victory, and its potential impact on US …

Gold Prices Today: Yellow metal to log worst week in five months after Trump’s win weighs on US Fed rate outlook
1 month, 2 weeks ago

Gold Prices Today: Yellow metal to log worst week in five months after Trump’s win weighs on US Fed rate outlook

Live Mint  

Gold Prices Today: The yellow metal dropped on Friday, November 8, but was poised to log its steepest weekly decline in over five months. A stronger US dollar pressured gold prices, and the stock market absorbed the implications of Donald Trump's recent victory in the US elections in 2024 and its potential impact on US Federal Reserve interest rate expectations. …

Gold price today: Yellow metal declines after Fed cuts rates by 25 bps; experts share key levels for MCX Gold rate
1 month, 2 weeks ago

Gold price today: Yellow metal declines after Fed cuts rates by 25 bps; experts share key levels for MCX Gold rate

Live Mint  

Gold price today: Gold rates declined in the domestic futures market Friday morning on profit booking at higher levels after the US Fed cut rates by 25 bps on expected lines. Quick conclusion to a hotly contested presidential election also cleared a key point of uncertainty for global financial markets, triggering a risk-on rally across the board while pressuring safe-haven …

Gold hastens retreat as dollar rallies on Trump victory
1 month, 2 weeks ago

Gold hastens retreat as dollar rallies on Trump victory

Live Mint  

* Dollar climbs to four-month high * Commodities from oil and gas to metals and grains drop after Trump win * Market expects Fed to cut rates by 25 bps on Thursday * Silver, platinum and palladium hits three-week low By Anjana Anil Nov 6 - Gold prices slid to a three-week low on Wednesday, as investors piled into the …

Gold Hovers Below All-Time High as US Election Gets Underway
1 month, 2 weeks ago

Gold Hovers Below All-Time High as US Election Gets Underway

Live Mint  

Gold held steady as US election day begins, with a Federal Reserve interest rate decision also due later this week. “A Trump victory would likely result in a rising gold price,” according to a report from Commerzbank AG. Should the election result be uncertain for days or even weeks, gold would benefit from the resulting uncertainty.” The latest data showed …

Gold price today: MCX Gold rate dips as investors await US election results, Fed policy decision this week
1 month, 2 weeks ago

Gold price today: MCX Gold rate dips as investors await US election results, Fed policy decision this week

Live Mint  

Gold price today: Gold rates declined in the domestic futures market Tuesday morning on weak spot demand and subdued global cues. Investors restricted their bets ahead of this week's two major events- the US election on November 5 and the US Fed policy decision on November 7. In international markets, gold prices declined, indicating prevailing caution among investors ahead of …

How low could gold go?
1 month, 2 weeks ago

How low could gold go?

Live Mint  

The age-old Dalal Street tale of Varmaji and Sharmaji is one many investors know well. Short-term pain, long-term gain In the near term, margin calls on riskier assets may trigger selling across markets, including bullion, creating opportunities for patient investors to buy from panicked sellers. The US Fed’s meeting on 7 November will be crucial; if no rate cuts are …

Gold prices fall ₹1,300 to ₹81,100 per 10 gm amid weak demand from jewellers and retailers; Silver drops by ₹4,600
1 month, 2 weeks ago

Gold prices fall ₹1,300 to ₹81,100 per 10 gm amid weak demand from jewellers and retailers; Silver drops by ₹4,600

Live Mint  

Gold prices in India fell by ₹1,300 to touch ₹81,100 per 10 grams in Delhi on Monday, November 4, after stockists and retailers made a fresh sale of the commodity, PTI reported quoting the All India Sarafa Association. On the other hand, Gold Futures on the Multi Commodity Exchange of India fell 0.42 per cent or ₹329 to ₹78,538 per …

Gold holds ground ahead of U.S. election and Fed interest rate decision
1 month, 2 weeks ago

Gold holds ground ahead of U.S. election and Fed interest rate decision

The Hindu  

Gold prices were little changed on Monday as investor caution prevailed ahead of the U.S. presidential election and looming Federal Reserve decision on interest rates. The U.S. presidential election is on Tuesday, with opinion polls showing Democratic candidate Kamala Harris and Republican Donald Trump neck and neck. "We believe a Trump victory would bring the gold price closer to our …

Gold Soars to New Record Highs, While Dollar's Rise Dampens Its Influence
2 months ago

Gold Soars to New Record Highs, While Dollar's Rise Dampens Its Influence

Live Mint  

Gold prices soar to record highs, defying the trend of a rising dollar. Spot gold reaches $2,755.30 per ounce, while gold futures rise by 0.3%. The Federal Reserve's upcoming interest rate decisions will likely influence the price of gold, with a 92% probability of a 25-basis-point rate cut in November and another 25-bps cut by the end of the year.

Gold Takes a Breath as US Yields and Dollar Holds Strong
2 months ago

Gold Takes a Breath as US Yields and Dollar Holds Strong

Live Mint  

Gold takes a breather as US yields and dollar support from growing uncertainties surrounding the US presidential election and the Middle East war. Spot gold remains relatively unchanged at $2,723.25 per ounce, while 10-year Treasury yields rise to a 12-week high. The dollar index gains, making gold more expensive for overseas buyers. The Federal Reserve's interest rate cut combined with …

Gold Price Soars as US Dollar and Treasury Yields Ease, But Outlook Remains Uncertain
2 months, 1 week ago

Gold Price Soars as US Dollar and Treasury Yields Ease, But Outlook Remains Uncertain

Live Mint  

Gold prices saw a rise in the domestic futures market on Wednesday morning, driven by positive global cues and increased demand in spot markets. The focus is now on upcoming US economic data, which will influence expectations about the Federal Reserve's interest rate cuts. Experts believe that the overall trend for gold remains positive due to a weakening dollar and …

Gold Prices Continue to Surge as Divergence Between Jewelry and Coins/Bars Remains
2 months, 2 weeks ago

Gold Prices Continue to Surge as Divergence Between Jewelry and Coins/Bars Remains

China Daily  

Gold prices continue to surge, with the contrast between gold jewelry and coins/bars consumption highlighting the shift towards investment-oriented products. The upward trajectory is expected to continue, benefiting upstream gold mining firms. However, the impact on downstream retail sales is uncertain, requiring companies to innovate products with smaller weight increments and new features to attract consumers.

Gold Prices Soar, But Retail Prices Remain Stable
2 months, 2 weeks ago

Gold Prices Soar, But Retail Prices Remain Stable

China Daily  

Gold prices continue to surge, with consumer demand for investment-oriented products driving up prices. The contrast between gold jewelry and coins/bars consumption is stark, with a focus on investment-oriented products. Factors such as geopolitical tensions, US Federal Reserve rate cuts, and global central banks' increase of gold reserves are influencing gold prices, with predictions of continued price rises. This trend …

Record run steers gold to best quarter in four years
2 months, 3 weeks ago

Record run steers gold to best quarter in four years

Live Mint  

* Bullion up over 13% so far for the quarter * Silver set for 7% quarterly rise * Palladium on track for quarterly rise * Fed's Powell to speak ahead of payrolls test By Sherin Elizabeth Varghese Sept 30 - Gold eased on Monday, taking a breather after a historic rally driven by U.S. monetary easing and heightened Middle East …

After gaining 29% so far this year, gold may sizzle at Rs 8,000 per gram by December
2 months, 3 weeks ago

After gaining 29% so far this year, gold may sizzle at Rs 8,000 per gram by December

New Indian Express  

MUMBAI: Bullion prices continued to sizzle for the third day, on the back of the global rally that has gained an unprecedented speed since the US Fed cut the interest by 50 bps for the first time in four years. “We are revising up our 2024 gold price forecast from $2,250/oz to$2,375/oz, expecting gold prices to trade within the range …

Fed cuts interest rates: Indian stocks, rupee, and gold prices likely to benefit on September 19
3 months ago

Fed cuts interest rates: Indian stocks, rupee, and gold prices likely to benefit on September 19

Firstpost  

The stock market, Indian rupee, and gold price are all likely to do better following the much-anticipated rate cut by the Fed in the US. In a much-anticipated move that was widely in line with market expectations, the Fed cut the interest rates in the country by 0.5 per cent, bringing it in the range of 4.75-5 per cent. Here’s …

Why rate cuts by the U.S. Federal Reserve matter to world markets
3 months ago

Why rate cuts by the U.S. Federal Reserve matter to world markets

The Hindu  

When the Federal Reserve delivers a widely-anticipated interest rate cut on Wednesday, its first in four years, the move will resonate well beyond the United States. Here’s a look at what is in focus for world markets: Follow the leader In spring, as U.S. inflation proved stickier than expected, investors questioned how far others such as the European Central Bank …

Gold prices hit record high: Why is the cost of the yellow metal rising?
3 months, 1 week ago

Gold prices hit record high: Why is the cost of the yellow metal rising?

Firstpost  

Around 2:10 pm GMT, spot gold was trading at record levels, up 0.7 per cent at $2,576.48 per ounce. US gold futures rallied 1 per cent to $2,605.30 per ounce Gold prices zoomed on Friday around 2:10 pm GMT, hitting a record high. Interest rates, US elections behind gold rate rise Central banks the world over set benchmark lending rates …

Gold Rate Today: Yellow Metal Hits Record High As Dollar Weakens Amid Interest Rate Cut Expectations
3 months, 1 week ago

Gold Rate Today: Yellow Metal Hits Record High As Dollar Weakens Amid Interest Rate Cut Expectations

ABP News  

Gold Rate Today: Gold prices surged to an all-time high on Friday, driven by a weakening U.S. dollar and anticipation of a Federal Reserve interest rate cut next week, as reported by Reuters. Spot gold climbed 0.2 per cent to $2,565 per ounce by 0258 GMT, after reaching a record-breaking $2,567.93 earlier in the session. He noted that the potential …

Gold rate today: Yellow metal price flat ahead of US inflation data; experts reveal strategy for MCX Gold
3 months, 1 week ago

Gold rate today: Yellow metal price flat ahead of US inflation data; experts reveal strategy for MCX Gold

Live Mint  

Gold rate today: Gold prices traded flat with negative bias in early trade in the domestic futures market on Tuesday, September 10, mirroring lacklustre global sentiment. Experts' strategy for MCX Gold today Gold prices are expected to remain volatile ahead of the US inflation data. Manoj Kumar Jain of Prithvifinmart Commodity Research expects gold and silver prices to remain volatile …

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