TAG: mcx gold prices

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 shines bright over high demand amid Middle-East tensions, silver up 0.5%

Gold prices surged on Thursday, April 18, as persistent geopolitical tensions in the Middle East added to the yellow metal's appeal despite robust economic data from the US that raised prospects of fewer interest rate cuts. In the Middle East, Israel has...

5 months ago

Gold prices down $100 from record-high on uptick in US Treasury yields; Q1GDP lowers Fed rate cut hopes

Gold prices today: The yellow metal trimmed gains on Thursday, April 25, as US Treasury yields rose after gross domestic product (GDP) data showed signs of persistent core inflation, which in turn, lowered expectations of the Federal Reserve cutting inte...

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