TAG: gold price outlook
Gold 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 at life-time high on MCX after US Fed rate hike. Will silver climb to a new peak?
Gold rate today opened higher in early morning deals on Multi Commodity Exchange (MCX) and went on to hit new life-time high of ₹61,490 per 10 gm levels within an hour of commodity market's opening bell today. The gold price has been rising after the US...
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 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 agoGold 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 agoGold 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 agoGold price remains steady at record high. Silver hits new peak
Gold rate today: On account of weak US dollar and fresh wave of bank crisis in US, gold and silver price rally extended for yet another session in global and domestic market. Gold future contract for June 2023 on Multi Commodity Exchange (MCX) opened hig...
6 months ago
Gold, silver price retraces from life-time high. Should you buy in this correction?
Gold rate today: After climbing to a new peak in the week gone by, both gold and silver prices witnessed profit booking on the weekend sessions. Retracing from its new peak of ₹61,845 per 10 gm, gold future contract for June 2023 in Multi Commodity Excha...
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 glitters over softer US PPI figures, geopolitical risks add to yellow metal's shine, silver down 0.3%
Gold prices traded higher on Thursday, April 11, after softer-than-expected US producer prices data boosted hopes for US interest rate cuts this year, while persistent geopolitical concerns added to the yellow metal's shine. Spot gold rose 0.3 per cent...
6 months ago