TAG: Stock market news

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 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 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

Why are gold and US dollar rates moving in same direction? — explained

Gold rate today: Despite the strong US dollar, gold and silver prices are continuously flirting with the record highs since last. After hitting a new peak on Friday, gold and silver prices climbed to a new peak in the early morning session on Monday. Gol...

6 months ago

Gold prices end five-week rally on ease in Iran-Israel conflict, dent in US Fed rate cut buzz

Gold rate today: On account of ease in the Iran-Israel war buzz and dent in the US Fed rate cut speculations in the upcoming US Fed meeting, gold prices witnessed strong profit-booking last week. Gold futures contract on the Multi Commodity Exchange (MCX...

5 months ago

Gold rate today jumps after disappointing US non-farm payroll data, slide in US dollar rate, Xi Jinping's Europe trip

Gold rate today: The release of disappointing US non-farm payroll data last week, coupled with the ongoing weakness in the US dollar rates, has led to a rebound in gold prices today. The gold futures contract for June 2024 expiry on the Multi Commodity E...

5 months ago