TAG: commodity prices
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
Moneycontrol Pro Panorama | Can China’s stimulus revive commodity prices?
Dear Reader,China’s central bank has announced a slew of measures to revive its economy and the troubled property sector. The People’s Bank of China reduced the short-term interest rate, the reserve requirement banks have to maintain and outlined measures...
3 weeks ago