TAG: Commodity market today

Commodity market today: Jeera hits record high on demand-supply constraints. Experts see more upside

Commodity market today: Due to low yield in India and rising demand in domestic and international market, Jeera price today climbed to a new life-time high of ₹46,250 per quintal on NCDEX (National Commodity Exchange), bettering its previous record high...

6 months ago

Gold rate today near 2.6% down from life-time high. Buy now or wait for further dip?

Gold rate today: Amid speculation of US Fed rate hike by 25 bps, gold price feel the heat of profit booking in early morning deals in domestic and international spot market. Gold future contract for June 2023 on MCX went off ₹21 per 10 gm and hit ₹59,743...

6 months ago

Gold price dips on US Fed's rate hike fear. Right time to buy?

Gold rate today: On account of stronger than expected US inflation and labour data, market is buzz about 25 bps rate hike by the US Fed in its upcoming meeting next month. This led to slide in gold price in early morning deals in Asian and Indian markets...

6 months ago

Gold price regains $2000 level after ease in US dollar. Should you buy?

Gold rate today: Following ease in US dollar rates due to rising concerns for economic slowdown in the US, gold price today appreciated and regained the psychological $2,000 per ounce levels in early morning deals. However, gold price had a muted opening...

6 months ago

Gold rate today jumps on soft US dollar, US Fed rate hike buzz. Buy or wait?

Gold rate today: On account of ease in US dollar rate and market buzz about 25 bps interest rate hike by the US Fed, gold price today opened upside in international and domestic commodity market today. Gold future contract for June 2023 on Multi Commodit...

6 months ago

Gold rate today below $2000 levels. Experts predict more dip on US Fed rate hike

Gold rate today slipped below the psychological $2,000 per ounce levels in early morning deals on Friday as speculations on US Fed rate hike continue to support US dollar. Gold future contract for June 2023 on Multi commodity Exchange (MCX) slipped over...

6 months ago

Gold price regains buying interest on ease in US dollar rate. Should you buy?

Gold rate today witnessed buying interest during early morning deals during in commodity market today. Gold future contract on Multi Commodity Exchange (MCX) for June 2023 expiry, opened with upside gap at ₹60,229 per 10 gm levels and went on to hit intr...

6 months ago

Gold price sustains above $2000 despite retreat in US dollar. Should you buy?

Gold rate today: Despite US dollar continued to attract buying interest of currency market bulls, gold price today sustained above $2,000 per ounce levels in international market that triggered bottom fishing in Indian markets as well. Gold future contra...

6 months ago

Gold, silver rate today trade tepid as investors await US inflation data release this week

Gold and silver rate today opened higher but remained in tight range, signaling cautious movement as investors await crucial US inflation data release this week. Gold rate today opened lower but soon caught upside momentum and went on to climb to its int...

6 months ago

Why are gold, silver prices flirting with record highs despite resilient US dollar? — explained with 5 reasons

Gold and silver rates today: Despite the rise in the US dollar rates, gold and silver prices continue flirting with the record high on US Fed rate cut buzz. Gold futures contract on the Multi Commodity Exchange (MCX) for June 2024 expiry climbed to a new...

6 months ago

Gold, silver rates today: Precious metals shine on Gudi Padwa, US Fed rate cut buzz. Should you buy in this rally?

Gold, silver rates today: As the nation celebrates Gudi Padwa today, gold and silver prices extended its rally on Tuesday morning deals. Gold futures contract on the Multi Commodity Exchange (MCX) for June 2024 expiry opened at 71,026 per 10 gm level and...

6 months ago

Gold rate outlook: Goldman Sachs raises yellow metal price forecast to $2700 per ounce by year-end

Gold prices traded near record-high levels on Monday after a sharp rally led by safe-haven demand amid ongoing conflict in the Middle East. Gold rate has rallied 20% over the past two months and analysts expect further gains in the bullion prices. While...

5 months ago

Gold rate today: Yellow metal prices steady amid geopolitical risks; higher US Treasury yields weigh

Gold prices were steady on Wednesday led by safe-haven demand amid the Middle East conflict partially offseting pressure from higher US Treasury yields. Spot gold price was at $2,383.29 per ounce, while US gold futures fell 0.3% to $2,399.60 per ounce....

5 months ago

Gold rate today below ₹2500 from lifetime high. Should you buy on this dip?

Gold rate today on the Multi Commodity Exchange (MCX) witnessed some buying interest during early morning deals. MCX gold rate today (June 2024 expiry) opened upside at ₹71,212 per 10 gm and went on to touch an intraday high of ₹71,457 per 10 gm within a...

5 months ago