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Gold price today: MCX gold rate climbs 1.4% this week despite US Fed’s slower rate cut stance, sticky US inflation

Gold price today: Despite the US Fed's signalling rate cut at a slower pace amid sticky US inflation and a strong labour market, the MCX gold rate registered gains for the third week in a row. According to commodity market experts, gold prices today are bullish due to the weakness of the Indian National Rupee against the US dollar and …

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

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 …

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

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

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 …

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

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 rate today: Ahead of the US unemployment data and US Fed Chairman Jerome Powell's Jackson Hole speech, gold price was retraced from the lifetime high of $2,531.60 per ounce this week. Spot gold price today fell around 0.50 per cent and came close to $2,500 per ounce, whereas COMEX gold price eased 0.40 per cent and touched the 2,537 …

Gold price today: US Fed rate cut buzz fuels MCX gold rate at four-week high, silver rate today at three-week high

Gold rate today: Following the US Fed rate cut buzz ahead of Jerome Powell's speech at the Jackson Hole Symposium, gold price extended its uptrend for another Monday session. On the Multi Commodity Exchange, the gold rate today opened with an upside gap at ₹71,458 per 10 gm and touched an intraday high of ₹71,644 within a few minutes of …

Gold rate today: Amid buzz of US Fed interest rate pause and falling US dollar index, gold and silver price bounced back from lower levels and registered more than one per cent rise in the week gone by. On weekly basis, MCX gold rate ended 1.07 per cent higher at ₹61,370 per 10 gm levels whereas MCX silver rate finished …

Gold rate today under pressure on strong US dollar, easing Israel-Hamas war

Gold rate today: On account of US dollar gaining strength against major global currencies and easing Israel-Hamas war after ceasefire annuncement byn the US, Egypat and Israel in south Gaza, gold price is under sell off heat during early morning deals on Multi Commodity Exchange. MCX gold rate today opened downside at ₹56,166 per 10 gm levels and went on …

Gold price dips this week. Experts unveil this strategy for bullion investors

Gold price today: Multi Commodity Exchange or MCX gold rate on Friday dipped ₹32 per 10 gm and closed at ₹48,120 levels, logging ₹483 slide in a week. They said that Indian rupee's gain against US dollar won't sustain for long as rising crude oil price is expected to push global inflation, which may finally help gold to glitter in …