Gold edges up as focus shifts to incoming Trump administration
1 week, 3 days ago

Gold edges up as focus shifts to incoming Trump administration

Live Mint  

* Israeli forces ordered residents in Beit Hanoun to leave town * Gold gained over 27% so far this year * Geopolitical tensions to remain key driver for gold prices in 2025 - analyst By Rahul Paswan Dec 30 - Gold prices ticked up on Monday, while investors looked forward to the U.S. Federal Reserve's interest rate outlook and President-elect Donald Trump's tariff policies, which could shape the metal's 2025 trajectory. The dollar index has been rather flat, helping gold maintain its sideways movement, said Kelvin Wong, OANDA's senior market analyst for Asia Pacific. "Geopolitical tensions have been a major factor in gold's uptrend this year and are still likely to be a part of the narrative in 2025, especially with Trump entering the picture," he said. Markets are now preparing for major policy shifts, including potential tariffs, deregulation, and tax changes in 2025 as President-elect Trump returns to the White House in January.

Trump Gold Focus Shifts  wong  2025  rate  administration  incoming  rates  trump  focus  shifts  edges  tensions  gained  sideways  gold  remain

History of this topic

Gold set for weekly rise; market awaits Trump's policy moves
6 days, 2 hours ago

Gold set for weekly rise; market awaits Trump's policy moves

Hindustan Times  

Gold edged up on Friday on a softer U.S. dollar and safe haven flows, with the metal en-route for a weekly gain as attention turned to U.S. President-elect Donald Trump's proposed policy changes that could influence the economic and interest rate outlook going forward. As focus shifted to U.S. President-elect Donald Trump's planned policy changes that might affect the future …

Gold rate today nudges higher as investors await US data for US Fed rate cut cues. US inflation in focus
Trending News
1 week ago

Gold rate today nudges higher as investors await US data for US Fed rate cut cues. US inflation in focus

Live Mint  

Gold rate today: The yellow metal witnessed some buying interest in the early morning session on Thursday despite investors waiting for the US data to get a clear picture about the US Fed rate cut and the US economy. US Fed rate cut in focus "Gold price rise on Thursday can be attributed to profit-booking trigger in the US dollar …

Gold nudges higher, market awaits US data for economic cues
Trending News
1 week ago

Gold nudges higher, market awaits US data for economic cues

Live Mint  

* Bullion rose over 27% in 2024 * Gold likely to remain bullish in 2025 - analyst * Traders expect Fed to proceed cautiously with rate cuts in 2025 By Daksh Grover Jan 2 - Gold prices inched higher on Thursday, continuing its momentum from 2024, while traders sought more clarity on the U.S. Federal Reserve's interest rate trajectory and …

Gold kicks off 2025 on positive note, Fed and Trump policy in focus
1 week ago

Gold kicks off 2025 on positive note, Fed and Trump policy in focus

Live Mint  

Jan 2 - Gold kicked off the New Year on a positive note after a stellar 2024, as market participants waited for more clues on the U.S. Federal Reserve's interest rate outlook and President-elect Donald Trump's tariff policies. * Traders anticipate the Fed to adopt a slow and cautious approach to further rate cuts in 2025, as inflation continues to …

Wall Street today: US stocks rise on final day of bullish 2024
Trending News
1 week, 1 day ago

Wall Street today: US stocks rise on final day of bullish 2024

Live Mint  

Wall Street stocks edged higher on the final trading session of 2024 on Tuesday, extending a bull run of the year fuelled by a nearly 100 basis point cut in interest rates by the US Federal Reserve and a boost from the AI revolution At 09:53 am, the Dow Jones Industrial Average rose 79.15 points, or 0.19 per cent, to …

Gold poised for best year since 2010 on rate cuts, global tensions
Trending News
1 week, 1 day ago

Gold poised for best year since 2010 on rate cuts, global tensions

Live Mint  

* Bullion up more than 26% so far this year * Donald Trump's trade policies key for gold prices in 2025 - analyst * Silver's year-to-date gains exceed 21% * Platinum, palladium set for annual losses By Rahul Paswan and Swati Verma Dec 31 - Gold prices gained on Tuesday, the last trading day of a record-breaking year that drove …

Gold set to extend record run; may hit ₹90,000 in 2025 on global cues
1 week, 2 days ago

Gold set to extend record run; may hit ₹90,000 in 2025 on global cues

Live Mint  

New Delhi, Dec 31 Gold, a safe-haven bet, is likely to continue its record-smashing journey in the New Year, rising to ₹85,000 per 10 grams and even ₹90,000 level in domestic markets if geopolitical tensions and global economic uncertainties continue. In the domestic markets, the government's decision in July this year to cut gold import duty by 6 per cent …

Gold price outlook: How will Trump 2.0 impact MCX gold rates in 2025? EXPLAINED
1 week, 5 days ago

Gold price outlook: How will Trump 2.0 impact MCX gold rates in 2025? EXPLAINED

Live Mint  

Gold price outlook 2025: Comparing various assets' returns in 2024, gold is one of those assets that has beaten the inflation rate by a huge margin. According to commodity market experts, geopolitical tension dominated MCX gold rates throughout 2024 and will continue dominating the precious metal market next year. Hence, gold prices may not repeat such performance in 2025 but …

Gold rangebound, heads for a small weekly gain
1 week, 6 days ago

Gold rangebound, heads for a small weekly gain

Live Mint  

By Daksh Grover - Gold prices were stuck in a tight range on Friday after rising to their highest in a week in the previous session as geopolitical tensions supported safe-haven demand and led the metal to be on track for a small weekly gain. "We are in a holiday lull so price action is a little dull, with moves …

Gold price today: MCX Gold rates rise amid positive global cues; experts unveil strategy for precious metals
1 week, 6 days ago

Gold price today: MCX Gold rates rise amid positive global cues; experts unveil strategy for precious metals

Live Mint  

Gold price today: MCX Gold rates saw an uptick in the morning session on Friday, December 27, amid positive global cues. The yellow metal was poised for a weekly gain in international markets as investors awaited cues on the US economy to get cues on the Federal Reserve's interest rate path for 2025, Reuters reported. He expects gold and silver …

Gold set for weekly gain; focus on incoming Trump administration, Fed’s 2025 path
1 week, 6 days ago

Gold set for weekly gain; focus on incoming Trump administration, Fed’s 2025 path

Live Mint  

Dec 27 - Gold prices were trading flat on Friday, but were set for a weekly rise, as markets awaited signals on the U.S. economy under the incoming Donald Trump administration and the Federal Reserve's interest rate strategy for 2025. * Data on Thursday showed that the number of Americans filing new applications for jobless benefits fell last week to …

3 reasons why gold gained 27% in 2024, outperforming both Nifty 50, S&P 500
2 weeks ago

3 reasons why gold gained 27% in 2024, outperforming both Nifty 50, S&P 500

Hindustan Times  

Gold clocked close to 27% returns during the year, outperforming both the Nifty 50 or S&P 500 index due to the ongoing geopolitical tensions, which increased the safe haven appeal of bullion, Moneycontrol reported. 2024 has also been the strongest year for gold since 2010, with the outlook for 2025 remaining bullish still. This has also been the strongest year …

Gold price today: MCX Gold rate rises on weak US dollar; experts highlight key levels for yellow metal
2 weeks ago

Gold price today: MCX Gold rate rises on weak US dollar; experts highlight key levels for yellow metal

Live Mint  

Gold price today: Gold rates rose in the domestic futures market Thursday morning on a weak US dollar and positive global cues. According to a Reuters report, “Hamas and Israel exchanged blame on Wednesday for failing to finalize a ceasefire agreement despite reporting progress in recent days.” Experts highlight key levels for gold and silver Manoj Kumar Jain of Prithvifinmart …

Gold gains on weak dollar, geopolitical turmoil; Fed, Trump’s 2025 policies in focus
2 weeks ago

Gold gains on weak dollar, geopolitical turmoil; Fed, Trump’s 2025 policies in focus

Live Mint  

* Hamas and Israel blame each other for ceasefire delay * Gold likely to remain near current levels at year-end - analyst * Bullion has risen by about 27% so far in 2024 By Daksh Grover Dec 26 - Gold gained on Thursday in light holiday trading, boosted by slight weakness in U.S. dollar and geopolitical tensions, as investors eyed …

Wall Street today: US stocks edge higher in truncated session, Broadcom up 1.3%, Nvidia adds 1.2%
Trending News
2 weeks, 1 day ago

Wall Street today: US stocks edge higher in truncated session, Broadcom up 1.3%, Nvidia adds 1.2%

Live Mint  

US stock indices edged higher on Tuesday in a truncated trading session ahead of Christmas, led by gains in Big Tech shares. At 09:42 am the Dow Jones Industrial Average rose 32.38 points, or 0.08 per cent, to 42,939.33, the S&P 500 gained 21.68 points, or 0.36 per cent, to 5,995.75, and the Nasdaq Composite gained 116.55 points, or 0.59 …

Gold Advances as Traders Focus on Uncertain 2025 Rate Path
2 weeks, 1 day ago

Gold Advances as Traders Focus on Uncertain 2025 Rate Path

Live Mint  

-- Gold gained as traders weighed the prospect for a slower pace of interest-rate cuts by the US Federal Reserve next year. Gold has steadied in thin holiday trading but a stronger dollar is still weighing on the market, Pranav Mer, an analyst at JM Financial Services Ltd. in Mumbai, said in a note on Tuesday. Earlier this month, the …

Gold price rises amid positive global cues; experts unveil strategy for MCX Gold
2 weeks, 2 days ago

Gold price rises amid positive global cues; experts unveil strategy for MCX Gold

Live Mint  

Gold price today: Gold rates edged up in the domestic futures market in the morning session on Tuesday, December 24, supported by positive global cues. In international markets, gold prices climbed as investors digested the prospects of less aggressive interest rate cuts by the US Federal Reserve next year. In the previous session, the gold February futures contract settled with …

Gold rises in holiday-truncated week; Fed’s 2025 outlook weighs
2 weeks, 2 days ago

Gold rises in holiday-truncated week; Fed’s 2025 outlook weighs

Live Mint  

By Rahul Paswan - Gold prices edged higher on Tuesday, as investors braced for a less aggressive path of interest rate cuts from the Federal Reserve next year, in a holiday-truncated trading week. While a benign U.S. inflation reading on Friday eased some concerns about the pace of cuts next year, markets are still pricing in just about 35 basis …

YET MORE Daft Financial Propaganda
2 weeks, 2 days ago

YET MORE Daft Financial Propaganda

China Daily  

Goldman Sachs analyst Lina Thomas forecasted that gold would hit $3,000 per ounce by the end of 2025. Yes folks, with the all-time high gold price already at $2790, these clowns are predicting a 7.5% rise above that by the end of next year due to "voracious" demand. That would be a SLOWDOWN from the long-running average of almost 10% …

Gold firms in thin trade as investors weigh Fed outlook
Trending News
2 weeks, 2 days ago

Gold firms in thin trade as investors weigh Fed outlook

Live Mint  

By Anushree Mukherjee - Gold prices firmed on Monday, although trading was thin due to the holiday season and as investors looked for cues on the U.S. Federal Reserve's monetary policy trajectory for next year after it signaled gradual easing in its latest meeting. The Fed cut rates by 25 basis points on Dec. 18, although the central bank's predictions …

Gold extends gains after US inflation data eases rate cut worries
Trending News
2 weeks, 2 days ago

Gold extends gains after US inflation data eases rate cut worries

Live Mint  

* Fed policymakers say easing will resume in 2025 but after pause * Trump's initial decrees could be bullish for gold, says analyst * Gold speculators cut net long position By Rahul Paswan Dec 23 - Gold extended gains on Monday after a softer-than-expected U.S. inflation reading revived hopes for further monetary policy easing by the Federal Reserve in the …

Gold price today: Rates decline amid strengthening US dollar, bond yields; experts unveil strategy for MCX Gold
2 weeks, 3 days ago

Gold price today: Rates decline amid strengthening US dollar, bond yields; experts unveil strategy for MCX Gold

Live Mint  

Gold price today: Gold rates declined in the domestic futures market in the morning sessions on Monday, December 23, on profit booking amid a rise in the US dollar and bond yields. MCX Gold for February 5 expiry traded 0.05 per cent lower at ₹76,385 per 10 grams around 9:15 AM. In comparison, the spot gold price has surged nearly …

Gold bounces back from Fed-induced slump to one-month low
3 weeks ago

Gold bounces back from Fed-induced slump to one-month low

Live Mint  

* Fed projects fewer rate cuts in 2025 * Gold hits lowest since Nov. 18 earlier in the session * Investors await US PCE data due on Friday By Rahul Paswan Dec 18 - Gold prices erased losses to gain on Thursday, after dipping to the lowest level in a month earlier in the day on the Federal Reserve's hint …

Gold price today: Rates lacklustre ahead of US Fed policy decision; experts unveil strategy for MCX Gold
3 weeks, 1 day ago

Gold price today: Rates lacklustre ahead of US Fed policy decision; experts unveil strategy for MCX Gold

Live Mint  

Gold price today: Gold rates traded lacklustre in the domestic futures market Wednesday morning ahead of the US Fed policy decision. Market focus is on the central bank's updated economic projections and the dot plot, which could shape expectations for the US Fed interest rate trajectory through 2025 and 2026. Manav Modi, a commodity research analyst at Motilal Oswal Financial …

Gold prices edge higher with focus on Fed’s policy decision
3 weeks, 1 day ago

Gold prices edge higher with focus on Fed’s policy decision

Live Mint  

* Attention on U.S. Fed's dot plot * Chile's central bank extends its easing cycle * U.S. GDP and inflation data due later this week By Rahul Paswan Dec 18 - Gold prices edged higher on Wednesday as attention turned to the Federal Reserve's upcoming monetary policy decision, with the U.S. central bank anticipated to implement a third rate cut …

Gold rate today: Yellow metal trades flat ahead of US Fed meeting. US dollar in focus
3 weeks, 2 days 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 …

Dollar hovers near 3-week high before Fed; bitcoin tops $106,000
3 weeks, 2 days ago

Dollar hovers near 3-week high before Fed; bitcoin tops $106,000

Live Mint  

* Federal Reserve, BOJ, BoE rate decisions in focus this week * Fed expected to cut by 25 bps on Wed, forgo January cut * Bitcoin climbs to record $106,533 By Kevin Buckland and Greta Rosen Fondahn TOKYO/GDANSK, Dec 16 - The U.S. dollar hovered close to a three-week high versus other major currencies on Monday, ahead of a week …

Gold price today: Rates slip as focus shifts to US Fed policy decision; experts highlight key levels for MCX Gold
3 weeks, 3 days ago

Gold price today: Rates slip as focus shifts to US Fed policy decision; experts highlight key levels for MCX Gold

Live Mint  

Gold price today: Gold rates were lacklustre in the domestic futures market Monday morning as investors restricted their bets ahead of the US Fed interest rate decision, due this week. Domestic gold prices slipped even as the yellow metal saw an uptick in international markets amid expectations of a 25 bps rate cut by the US Fed on Wednesday, December …

MCX gold rate today ₹2,645 away from life-time high. US Fed rate cut in focus
3 weeks, 5 days ago

MCX gold rate today ₹2,645 away from life-time high. US Fed rate cut in focus

Live Mint  

Gold rate today: After climbing to the five-week high, gold price slipped on Friday after the profit-booking trigger. According to commodity market experts, the MCX gold rate tested a weekly high of ₹79,120 per 10 gm, whereas spot gold prices touched a weekly high of $2,775 per ounce. Pointing towards the safe-haven demand, Prithviraj Kothari, Director at IBJA, said, "Gold …

WGC sees modest demand for gold in 2025, central bank demand crucial
3 weeks, 5 days ago

WGC sees modest demand for gold in 2025, central bank demand crucial

New Indian Express  

MUMBAI: After a sizzling growth both in terms of demand as well as in prices, which had crossed the USD 2750 mark this week, mostly led by huge demand from central banks and the safe-haven nature of the metal from an investor’s perspective in the years gone by, gold demand is seen moderating in 2025. According to the World Gold …

Gold slips from 5-week high, on track for weekly gain ahead of potential US Fed interest rate cut
3 weeks, 5 days ago

Gold slips from 5-week high, on track for weekly gain ahead of potential US Fed interest rate cut

Live Mint  

Gold Prices Today: The yellow metal declined in global markets on Friday, December 13, after bullion hit a more than five-week high in the previous session and as the US dollar gained, but prices were on track for a weekly gain, driven by expectations of an interest rate cut by the US Federal Reserve next week. Spot gold was last …

Gold, silver price today, December 13, 2024: Precious metals witness dip on MCX
3 weeks, 6 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
3 weeks, 6 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 eases on profit-taking after scaling over one-month peak
4 weeks 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 …

Gold price today: Rates decline on profit booking as US inflation rises in Nov; experts unveil strategy for MCX Gold
4 weeks ago

Gold price today: Rates decline on profit booking as US inflation rises in Nov; experts unveil strategy for MCX Gold

Live Mint  

Gold price today: Gold rates declined in the domestic futures market Thursday morning despite positive global cues after the US inflation data came broadly on expected lines, raising hopes for a 25 bps rate cut by the US Federal Reserve next week on December 18. Experts believe the US central bank will still go for a 25 bps rate cut …

Gold rises for fifth day
4 weeks 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
4 weeks 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
4 weeks, 1 day 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
1 month 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 heads for second weekly fall; spotlight on US payrolls data
1 month ago

Gold heads for second weekly fall; spotlight on US payrolls data

Live Mint  

Dec 6 - Gold prices held steady on Friday but were headed for a second straight week of decline, while focus shifted to the U.S. payrolls data due later in the day. * Non-farm payrolls likely increased by 200,000 jobs in November after rising by 12,000 in October, the lowest number since December 2020, a Reuters survey showed. * Data …

Gold prices subdued as traders brace for US payrolls data
1 month 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
1 month 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
1 month 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
1 month 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 falls on firmer US dollar, profit-taking; key US data in focus
1 month, 1 week ago

Gold falls on firmer US dollar, profit-taking; key US data in focus

Live Mint  

* Gold declines over 3% in November * U.S. dollar rises 0.5% * Traders see 65.4% chance of a December rate cut By Rahul Paswan Dec 2 - Gold prices snapped a four-session rally to fall on Monday, pressured by a firmer U.S. dollar and profit-taking, while investors awaited key U.S. economic data for cues on the Federal Reserve's monetary …

Gold gains on softer US dollar, geopolitical concerns; set for weekly fall
1 month, 1 week 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
1 month, 1 week 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 is bouncing back. Is now the time to dig in for big returns?
1 month, 2 weeks ago

Gold is bouncing back. Is now the time to dig in for big returns?

Live Mint  

The last few weeks have been a roller coaster ride for gold. Sure enough the upward momentum snapped and gold fell from its peak of $2,790 per ounce reached on 30 October 2024 to $2,537 on 14 November 2024. The recent dip in gold price to the $2,537 per ounce mark has not even tested the first 31.8% Fibonacci support …

Gold drops over 1% on profit-booking, Trump’s Treasury Secretary pick
Trending News
1 month, 2 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 …

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