TAG: us fed meeting
Oil prices drop on weaker US fuel demand, Gaza ceasefire report; Brent rebounds to $85/bbl
Oil prices declined on Thursday, March 21, pressured by weaker US gasoline demand data and reports of a United Nations draft resolution calling for a ceasefire in Gaza. This comes hours after the US Federal Reserve maintained its key interest rates at 5....
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 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 retraces from record high on US Fed's rate hike buzz. Buy or wait?
Gold rate today: On account of US Fed's rate hike buzz, gold price retraced more than ₹1,400 from its life-time high of ₹61,371 per 10 gm on Multi Commodity Exchange (MCX). Gold future contract for June 2023 on MCX finished at ₹59,945 levels on Friday. I...
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 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, 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 prices hit all-time high on strong US inflation figures, Fed rate cut buzz. Silver price also climbs a new peak
On account of strong US inflation figures and the US Fed rate cut buzz, the gold rate today climbed to a new peak in the domestic and international markets. Comex gold price today climbed to a new lifetime high of $2,412 per troy ounce while the spot gol...
6 months ago
Gold rate today: Iran-Israel war news fuels gold price rally despite rise in US dollar rate, treasury yield
Gold rate today: Despite the continuous rally in the US dollar rates and the US Treasury yield, gold prices finished higher for the fourth week in a row. The MCX gold rate registered over ₹1,000 per 10 gm on Friday and touched a fresh high of ₹73,461 per...
5 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 below ₹2500 from lifetime high. Should you buy on this dip?
Gold rate today on the Multi Commodity Exchange (MCX) witnessed some buying interest during early morning deals. MCX gold rate today (June 2024 expiry) opened upside at ₹71,212 per 10 gm and went on to touch an intraday high of ₹71,457 per 10 gm within a...
5 months ago
Gold prices rise for sixth week on rising Iran-Israel war fears. US Fed rate, US dollar price in focus
Gold rate today: Amid rising geo-political tension in the Middle East region on the rising fears of the Iran-Israel war, gold prices continue to scale high for the sixth week in a row. Interestingly, gold and silver prices have risen on the safe-haven de...
5 months ago
Gold rates today: Yellow metal pulls back over high interest rates by US Fed, silver trades flat
Gold prices retreated on Thursday, May 2, as focus returned to chances of US interest rates staying higher for longer, with traders also positioning for more economic data that could influence the US Federal Reserve's strategy. Spot gold fell 0.95 per c...
5 months ago