TAG: Gold price
Gold prices rise ahead of US inflation data, silver slips 0.3%
Gold prices surged, supported by a decline in the U.S. dollar, as investors awaited upcoming data to assess inflation trends, crucial for understanding the Federal Reserve's approach to interest rates, on Tuesday. At 09:58 a.m. EDT (1358 GMT), spot gold...
6 months ago
Gold prices: Precious metal rises ahead of economic data release, silver up 0.5%
Gold prices strengthened on Monday as investors anticipated significant economic data releases and awaited comments from Federal Reserve officials later in the week, seeking additional insights into the potential timing of interest rate adjustments hinte...
6 months ago
Gold price jumps 6% this month. Should you buy as MCX gold rate dips ₹1000 from record high?
Gold rate today: On account of three interest rate cuts in 2024 by the US Federal Reserve, gold price on the Multi Commodity Exchange (MCX) touched a new high of ₹66,943 per 10 gm last week. However, profit-boking soon triggered and the yellow metal pric...
6 months ago
Gold prices down nearly 2% after hitting all-time high, here's why
Gold prices dipped on Friday following a near-record peak in the previous session, buoyed by a strengthening dollar. However, they remain poised for a weekly increase after the US Federal Reserve's announcement that it anticipates three rate cuts in 2024...
6 months ago
Gold rate today, 21st March 2024: Gold price hits new peak of ₹66,943 on MCX after US Fed meeting. Buy or sell?
Gold rate today: On account of three US Fed rate cut buzz in 2024, gold price extended its Wednesday evening rally on Thursday morning deals. Gold futures contract on the Multi Commodity Exchange (MCX) for the April 2024 expiry opened higher at ₹66,100 p...
6 months ago
Gold hits fresh record high with support from momentum-following funds
Gold prices rose to a fresh record high on Tuesday as demand from momentum-following funds offset a strong U.S. dollar and the possibility of higher-for-longer U.S. rates.Spot gold was up 0.5% to $2,262.51 per ounce by 1055 GMT, after hitting an all-time...
6 months ago
Gold Prices Today: Yellow metal extends gains as investors await US inflation data, silver up 0.6%
Gold Prices Today: Gold prices extended gains on Wednesday, March 27, as investors awaited US inflation data that will throw further light on the US Federal Reserve's policy path after the central bank kept interest rates unchanged for the fifth straight...
6 months agoGold prices rally ₹670 to ₹60,750 per 10 gm, silver up ₹1,150 to ₹76,100
On Wednesday, the national capital's gold price climbed by ₹670 to ₹60,750 per 10 grams on the strength of positive global signs. In the last trade, the price of the precious metal for 10 grams was ₹60,080. Silver climbed by ₹1,150 to ₹76,100 per kg as w...
6 months agoGold 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 agoGold prices slip amid global cues, silver rate up
Gold prices have declined by ₹105 to ₹59,975 per 10 grams in the national capital on Monday amid a fall in prices of precious metal internationally. The yellow metal settled at ₹60,080 per 10 grams in the previous trade. Silver, however, zoomed ₹730 to...
6 months agoGold 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 agoGold 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 agoGold 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 agoGold 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