TAG: MCx gold rate today

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

Gold prices: Precious metal rates stabilised, hovering around ₹72,000 per 10 gram; Is it right time to invest?

Gold prices stabilized as concerns over tensions in the Middle East diminished, with investors gearing up for forthcoming U.S. economic data expected later in the week, on Wednesday. This data could provide insights into the Federal Reserve's trajectory...

5 months ago

Gold hits over two-week low despite touching record highs in 2024; What's hurting the yellow metal's appeal?

Gold prices extended losses for a second day to hit a more than two-week low on Tuesday, April 23, as diminishing fears about an escalation of tensions in the Middle East prompted investors to book profits ahead of key US economic data this week. Spot go...

5 months ago

Gold prices decline over 2%, down to one-week low; silver shreds 4.6%

Gold prices experienced a decrease of over 2%, reaching a one-week low, as concerns about a potential broader conflict in the Middle East eased, on Monday. This led investors to reduce their safe-haven positions and favor riskier assets such as equities....

5 months ago

Gold prices rise for sixth week on rising Iran-Israel war fears. US Fed rate, US dollar price in focus

Gold rate today: Amid rising geo-political tension in the Middle East region on the rising fears of the Iran-Israel war, gold prices continue to scale high for the sixth week in a row. Interestingly, gold and silver prices have risen on the safe-haven de...

5 months ago

Gold price dips ₹3300 from record high. Should you buy as US non-farm payroll data fails to beat estimates?

Gold rate today: Following the ease in the Iran-Israel conflict and a dent to the US Fed rate cut buzz in the near term, gold price declined for the second straight week. Gold future contract for June 2024 expiry on the MCX finished at ₹70,677 per 10 gm,...

5 months ago

Gold rates today: Gold price jumps as Powell downplays rate hike buzz in US Fed meeting, US dollar rate dips

Gold rate today: Extending the Wednesday evening rally on yet another session, gold price today witnessed strong buying interest during the commodity market's opening bell. On the Multi Commodity Exchange (MCX), gold rates today (June 2024 expiry) opened...

5 months ago

Gold price retraces ₹3,500 from record high. US Fed meeting outcome in focus

Gold rate today: Ahead of the US Fed meeting outcome, gold prices across work have come under pressure. On the Multi Commodity Exchange (MCX), gold rates for the June 2024 expiry ended yesterday at ₹70,466 per 10 gm level, around ₹3,500 below its lifetim...

5 months ago