Gold prices jump after escalation in Iran-Israel tensions. Should you buy in this rally?
8 months ago

Gold prices jump after escalation in Iran-Israel tensions. Should you buy in this rally?

Live Mint  

Gold rate today: On account of rising geo-political tension in the Middle East region, gold prices witnessed buying interest during the early morning session on Friday. In the international market, spot gold price also showed upside movement and came close to $2,400 per troy ounce levels in early morning deals. The Middle East tension has risen after reports of Israel's “missile attack” in an Iranian city, which has fueled the Iran-Israel war.” On other factors that are fueling gold prices today, Kotak Securities report said, "COMEX Gold prices edged higher amid dollar weakness, improved demand from Chinese buyers and central banks. On breaching the upper hurdle, gold prices may go up to $2,450 per troy ounce levels.” Anuj Gupta maintained that the MCX gold rate today has immediate support placed at ₹72,200 per 10 gm levels whereas it is facing resistance at ₹73,500 per 10 gm level.

History of this topic

Gold extends gains after US inflation data eases rate cut worries
1 day, 10 hours ago
Gold price today: Rates edge higher, but dollar’s strength limits gains; experts outline key levels for MCX Gold
4 days, 14 hours ago
Gold rate today: Yellow metal trades flat ahead of US Fed meeting. US dollar in focus
1 week ago
Gold steady as traders await central banks' rate decisions
1 week ago
Gold price today: Rates slip as focus shifts to US Fed policy decision; experts highlight key levels for MCX Gold
1 week, 1 day ago
MCX gold rate today ₹2,645 away from life-time high. US Fed rate cut in focus
1 week, 3 days ago
Gold slips from 5-week high, on track for weekly gain ahead of potential US Fed interest rate cut
1 week, 4 days ago
Asia Gold-India discounts at over 2-month highs; China stimulus plan fails to impress
1 week, 4 days ago
Gold, silver price today, December 13, 2024: Precious metals witness dip on MCX
1 week, 4 days ago
Gold price today: Rates decline on profit booking as US inflation rises in Nov; experts unveil strategy for MCX Gold
1 week, 5 days ago
Gold rises for fifth day
1 week, 5 days ago
Gold prices hit 2-week high at Rs 78,800/10 gms ahead of US inflation data
Trending News
1 week, 6 days ago
Gold price today: Rates jump 1% ahead of US inflation data; experts reveal trading strategies, key levels for MCX Gold
1 week, 6 days ago
Gold rate today: Check December 10, 2024, prices in your city
2 weeks ago
Gold price today: MCX gold rate retraces ₹2900 from record high. Buy or wait for more correction?
2 weeks, 3 days ago
Gold price today: Rates rise ahead of RBI policy, US payrolls data; experts highlight key levels for MCX Gold
2 weeks, 4 days ago
Gold price today December 6: Check latest rates in Delhi, Chennai, Mumbai, Kolkata and other cities
2 weeks, 4 days ago
Gold prices subdued as traders brace for US payrolls data
2 weeks, 5 days ago
Gold price today: Rates dip ahead of RBI policy decision, US payrolls data; experts highlight key levels for MCX Gold
2 weeks, 5 days ago
Gold price today December 5: Check latest rates in Delhi, Chennai, Mumbai, Kolkata and other cities
2 weeks, 5 days ago
Gold price today: Rates climb but rising dollar caps gains; US jobs data in focus; experts unveil strategy for MCX Gold
3 weeks ago
Gold, silver price today, December 3, 2024: Precious metals record hike on MCX
3 weeks ago
Gold price dips ₹2000 per 10 gm this month. Should you buy on escalating Russia-Ukraine war, wedding season in India?
3 weeks, 3 days ago
Asia Gold-India gold premiums steady as price fluctuations stabilise demand
3 weeks, 4 days ago
Gold price today: MCX gold rate gains on rising tension in Russia-Ukraine war, Israel-Hezbollah ceasefire accusations
3 weeks, 4 days ago
Gold gains on softer US dollar, geopolitical concerns; set for weekly fall
3 weeks, 4 days ago
Gold price today November 29: Check latest rates in Delhi, Chennai, Mumbai and Kolkata
Trending News
3 weeks, 4 days ago
Gold price today: MCX gold rate retraces ₹4000 from record high. US Fed rate cut in focus
3 weeks, 5 days ago
Gold price today November 28: Check latest rates in Delhi, Chennai, Mumbai, Kolkata and other cities
3 weeks, 5 days ago
Gold drops over 1% on profit-booking, Trump’s Treasury Secretary pick
Trending News
4 weeks, 1 day ago
Gold near 3-week high on softer US dollar, geopolitical concerns
Trending News
4 weeks, 1 day ago
Gold Set for Biggest Weekly Jump in 20 Months on Haven Demand
1 month ago
Gold Gains for Fourth Day With Focus on Geopolitical Risks
1 month ago
Gold rate today ₹1850 away from record high. Will it climb to a new peak this week?
1 month ago
Gold and silver prices today on 22-11-2024: Check latest rates in your city
1 month ago
Gold price today: Rates rise on escalations in Russia-Ukraine war; experts highlight key levels for MCX Gold
1 month ago
Gold, silver price today, November 22, 2024: Precious metals record hike on MCX
1 month ago
Gold price today: Rates move up on elevated geopolitical tensions; experts share strategy for MCX Gold
1 month ago
Gold, Silver prices today: Check rates across major cities
1 month ago
Gold prices rebound, rise over ₹1,600 in two days: Is there still a buying opportunity?
1 month ago
Gold price today: Check price of 24 carat gold in metro cities?
Trending News
1 month ago
Goldman's bullish call: Why gold is set to outshine by 2025
1 month ago
Gold prices surge by ₹600 to ₹78,050 amid strong global trends; silver up ₹1,500
1 month ago
Gold hits 1-week high as safe-haven demand returns, but still down 4.4% in November. Should you invest now?
1 month ago
Gold price today: Yellow metal rises as dollar sees profit booking; experts share key levels for MCX Gold rate
1 month ago
Is it a good time to buy gold? 3 things you should know
1 month ago
Gold and silver prices today on 18-11-2024: Check latest rates in your city
1 month ago
Gold price today: Rates jump almost 1% on positive global cues; experts share strategy for MCX Gold
1 month ago
Gold, silver price today, November 18, 2024: Precious metals record hike on MCX
1 month ago
Here’s why gold is priced cheaper in India compared to Oman, UAE, Qatar and Singapore…
1 month, 1 week ago

Discover Related