Gold drifts lower on firmer dollar, Fed rate outlook. Should you buy?
1 year, 8 months ago

Gold drifts lower on firmer dollar, Fed rate outlook. Should you buy?

Live Mint  

Gold prices in domestic and international markets edged lower on Wednesday as traders assessed chances of the US Federal Reserve raising interest rates just once more in May before pausing. Markets are pricing an 86 per cent chance the Fed raises rates by 25 basis points at the May meeting, and are winding back expectations of cuts later in the year – moves that have put the brakes on US dollar selling. “While that may provide an anchor for gold prices, given the recent rally and overextended technical conditions, the possibility of some unwinding upon validation of the Fed's rate outlook may still remain on the table.” Gold is considered a hedge against inflation, but higher interest rates dim the non-yielding asset's appeal. The Fed should continue raising interest rates on the back of recent data showing inflation remains persistent while the broader economy seems poised to continue growing, even if slowly, St. Louis Fed President James Bullard said on Tuesday.

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Wall Street today: US stocks edge higher in truncated session, Broadcom up 1.3%, Nvidia adds 1.2%
Trending News
16 hours, 9 minutes 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 rises in holiday-truncated week; Fed’s 2025 outlook weighs
1 day, 4 hours 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 …

Gold firms in thin trade as investors weigh Fed outlook
1 day, 21 hours 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
1 day, 23 hours 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 …

Why MCX gold rate outperformed Nifty 50, Sensex, Bank Nifty in YTD? Explained with 5 crucial reasons
4 days, 3 hours ago

Why MCX gold rate outperformed Nifty 50, Sensex, Bank Nifty in YTD? Explained with 5 crucial reasons

Live Mint  

Gold rate today: Entering Christmas 2024, investors scrutinise their returns from different assets. In contrast, the MCX gold rate has risen around 21 per cent in YTD while the spot gold price has surged nearly 27 per cent this year. According to stock market experts, US Fed rate cut buzz, geopolitical tension, gold buying by the majority of the central …

Gold price today: Rates edge higher, but dollar’s strength limits gains; experts outline key levels for MCX Gold
5 days, 3 hours ago

Gold price today: Rates edge higher, but dollar’s strength limits gains; experts outline key levels for MCX Gold

Live Mint  

Gold price today: Gold rates edged higher in the domestic futures market during the morning session of trade on Friday, December 20, even as the dollar's strength, following strong US macroeconomic data, capped gains for the yellow metal. "Manav Modi, a commodity research analyst at Motilal Oswal Financial Services, pointed out that amidst the US Fed's hawkish comments and macro …

Gold bounces back from Fed-induced slump to one-month low
6 days, 1 hour 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
1 week 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
1 week 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
1 week, 1 day 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 price today: Rates slip as focus shifts to US Fed policy decision; experts highlight key levels for MCX Gold
1 week, 2 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
1 week, 4 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
1 week, 4 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
1 week, 4 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
1 week, 5 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, 5 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
1 week, 6 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 …

Gold price today: Rates decline on profit booking as US inflation rises in Nov; experts unveil strategy for MCX Gold
1 week, 6 days 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
1 week, 6 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, 6 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
2 weeks 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: MCX gold rate retraces ₹2900 from record high. Buy or wait for more correction?
2 weeks, 4 days ago

Gold price today: MCX gold rate retraces ₹2900 from record high. Buy or wait for more correction?

Live Mint  

Gold rate today: Following the cautious tone of the US Fed chairman Jerome Powell on an interest rate cut that strengthened the US dollar, gold prices logged a decline in the international market for the second straight week. According to commodity market experts, rising US dollar rates as Jerome Powell signalled a cautious approach to interest rate cuts are putting …

Gold price today: Rates rise ahead of RBI policy, US payrolls data; experts highlight key levels for MCX Gold
2 weeks, 5 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 price today December 6: Check latest rates in Delhi, Chennai, Mumbai, Kolkata and other cities
2 weeks, 5 days ago

Gold price today December 6: Check latest rates in Delhi, Chennai, Mumbai, Kolkata and other cities

India TV News  

Gold prices on December 6: Gold prices experienced a slight uptick on Friday, with the cost of 24-carat gold in India reaching Rs 78,070.3 per 10 grams, marking an increase of Rs 1,300. On Thursday, Gold price surged to reclaim the Rs 79,000 level in the national capital due to fresh buying by jewellers and stockists, according to the All …

Gold prices subdued as traders brace for US payrolls data
2 weeks, 5 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, 6 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
3 weeks, 1 day 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
3 weeks, 1 day 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 price today: Rates crash over 1% as dollar strengthens; experts say watch these key levels for MCX Gold
3 weeks, 2 days ago

Gold price today: Rates crash over 1% as dollar strengthens; experts say watch these key levels for MCX Gold

Live Mint  

Gold price today: Gold rates suffered a significant loss of over one per cent in the domestic futures market on Monday morning, primarily due to the strengthening US dollar after President-elect Donald Trump signalled a potential trade war against BRICS nations, including India. "US President-Elect Donald Trump has threatened to impose 100 per cent tariffs on BRICS nations, including India, …

Gold price dips ₹2000 per 10 gm this month. Should you buy on escalating Russia-Ukraine war, wedding season in India?
3 weeks, 4 days ago

Gold price dips ₹2000 per 10 gm this month. Should you buy on escalating Russia-Ukraine war, wedding season in India?

Live Mint  

Gold rate today: After rising for three straight months, gold prices in India registered around 2.60 per cent dip in November 2024. However, commodity market experts believe that renewed tension in the Russia-Ukraine war, Israel-Hezbollah accusing each other of the ceasefire violation and wedding season in India are expected to fule gold prices. Escalation in the Russia-Ukraine War Highlighting the …

Asia Gold-India gold premiums steady as price fluctuations stabilise demand
3 weeks, 5 days ago

Asia Gold-India gold premiums steady as price fluctuations stabilise demand

Live Mint  

* Demand was strong at beginning of the week - Indian trader * Demand seen improving with the onset of wedding season in India * China has issued import quotas to manage gold flows - analyst By Rajendra Jadhav and Rahul Paswan Nov 29 - Physical gold premiums were steady in India, as a rise in demand from this week's …

Gold price today: MCX gold rate gains on rising tension in Russia-Ukraine war, Israel-Hezbollah ceasefire accusations
3 weeks, 5 days ago

Gold price today: MCX gold rate gains on rising tension in Russia-Ukraine war, Israel-Hezbollah ceasefire accusations

Live Mint  

Gold price today: Following the escalating geopolitical tension in the Russia-Ukraine war and the Israel-Hezbollah war, gold prices witnessed strong buying in the early morning session on Friday. Russia-Ukraine war in focus Speaking on the reason for the rising gold rate today, Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities, said, "Gold prices exhibited significant volatility, starting …

Gold gains on softer US dollar, geopolitical concerns; set for weekly fall
3 weeks, 5 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, 6 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 price today November 28: Check latest rates in Delhi, Chennai, Mumbai, Kolkata and other cities
3 weeks, 6 days ago

Gold price today November 28: Check latest rates in Delhi, Chennai, Mumbai, Kolkata and other cities

India TV News  

Gold prices on November 28: Gold prices witnessed a modest increase on Thursday, offering a mixed outlook for investors and buyers. The price of 24-carat gold rose to Rs 7,769.3 per gram showing an uptick of Rs 290 compared to the previous rate. Meanwhile, Gold prices on Thursday declined Rs 141 to Rs 76,375 per 10 grams in futures trade …

Gold drops over 1% on profit-booking, Trump’s Treasury Secretary pick
Trending News
1 month 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
1 month 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 Set for Biggest Weekly Jump in 20 Months on Haven Demand
1 month ago

Gold Set for Biggest Weekly Jump in 20 Months on Haven Demand

Live Mint  

-- Gold headed for the biggest weekly gain since March last year as an escalation in the Russia-Ukraine conflict boosted its haven appeal, with traders also assessing prospects for further easing by the Federal Reserve. Bullion rose by as much as 1.5% to $2,710.16 an ounce after Ukraine said Russia launched a “new” kind of ballistic missile at the city …

Gold rate today ₹1850 away from record high. Will it climb to a new peak this week?
1 month ago

Gold rate today ₹1850 away from record high. Will it climb to a new peak this week?

Live Mint  

Gold rate today: Making their best weekly performance since March 2024, gold prices finished around 5 per cent higher at ₹77,685 per 10 gm on Friday, just ₹1850 away from the record high of ₹79,535. Russia-Ukraine war in focus Asked about the reason for today's skyrocketing gold price, Sugandha Sachdeva, Founder of SS WealthStreet, said, "Gold prices advanced by around …

Gold price today: Rates rise on escalations in Russia-Ukraine war; experts highlight key levels for MCX Gold
1 month ago

Gold price today: Rates rise on escalations in Russia-Ukraine war; experts highlight key levels for MCX Gold

Live Mint  

Gold price today: Heightened geopolitical tensions, coupled with easing US dollar and bond yields, continue to support gold prices, as the yellow metal rose in the domestic futures market on Friday morning. According to Reuters, gold prices in international markets were set for their best week in a year on Friday, supported by safe-haven demand amid further escalations in the …

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 …

Gold prices rebound, rise over ₹1,600 in two days: Is there still a buying opportunity?
1 month ago

Gold prices rebound, rise over ₹1,600 in two days: Is there still a buying opportunity?

Live Mint  

After experiencing a sharp correction following Donald Trump's election victory, gold prices are beginning to show signs of recovery. Current Market Trends On the Multi Commodity Exchange, gold prices settled at ₹75,585 per 10 grams in the previous trading session. Spot gold prices hovered near $2,640 per ounce, reflecting a 0.17 per cent increase. While the current dip offers an …

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 prices surge by ₹600 to ₹78,050 amid strong global trends; silver up ₹1,500
1 month ago

Gold prices surge by ₹600 to ₹78,050 amid strong global trends; silver up ₹1,500

Live Mint  

Gold prices rose ₹600 to ₹78,050 per 10 grams in Delhi on Tuesday, November 19, amid a strong global trend in the foreign markets, according to the All India Sarafa Association, reported the news agency PTI. The 99.5 per cent purity gold rose ₹600 to ₹77,650 per 10 grams, compared to ₹77,050 per 10 grams in the previous market session. …

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 hits 1-week high as safe-haven demand returns, but still down 4.4% in November. Should you invest now?

Live Mint  

Gold regained momentum as prices extended their rally to the second session on Tuesday, reaching a one-week high of ₹75,545 on MCX and $2,632 on Comex, marking a 0.68% gain. However, gold prices faced selling pressure starting October 31, and the selloff extended after Donald Trump's victory in the 2024 US presidential election, which strengthened the US dollar. Furthermore, comments …

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 …

Is it a good time to buy gold? 3 things you should know
1 month ago

Is it a good time to buy gold? 3 things you should know

India Today  

Gold prices in India have been on the rise over the past few days, showing upward movement in the market. The rise in gold prices is attributed to a softer US dollar and increased investor interest in safe-haven assets amid geopolitical and economic concerns. FACTORS INFLUENCING GOLD PRICES Geopolitical tensions - Jateen Trivedi, VP Research Analyst at LKP Securities, said …

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

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