TAG: mcx gold

Gold price today: MCX Gold trades lacklustre; how to trade in bullion today?

Gold prices traded lacklustre in the domestic futures market in Friday's morning session, mirroring...

8 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 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 ago

Gold drifts lower on firmer dollar, Fed rate outlook. Should you buy?

Gold prices in domestic and international markets edged lower on Wednesday as traders assessed chances of the US Federal Reserve raising interest rates just once more in May before pausing. Markets are pricing an 86 per cent chance the Fed raises rates b...

6 months ago

Rising gold prices drive Indians into jewellery recycling; here's what experts say

Gold prices have been scaling new highs for the past four weeks across the globe, thanks to various factors including a weak macroeconomic environment, geopolitical risks and central banks buying the precious metal. In India, the yellow metal has been h...

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

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