Gold rate today: Following the renewed fear of the US recession and rising tension in the Middle East, the gold price rebounded strongly from the four-month low last week. The gold futures contract on the Multi Commodity Exchange for October 2024 expiry finished at ₹69,792 per 10 gm mark. COMEX […]
Commodity market news
Gold rate today: Following the sluggish demand for physical gold in China, gold prices witnessed strong selling last week. COMEX gold lost around 4.50 percent last week, whereas, in India, the downside in the yellow metal price was deeper due to the price adjustment after the announcement of a customs […]
Gold rate today: Gold rate on MCX traded higher on Wednesday, recouping sharp losses in previous session, tracking gains in international bullion prices ahead of the release of key economic data in the US. MCX gold contracts for August delivery traded 0.42% higher at ₹68,801 per 10 grams, while MCX […]
Gold rate today: Following a crack in the US dollar rate and the US bond yield after a dip in the US inflation from 3.30 percent to 3.0 percent, gold prices worldwide witnessed strong buying interest last week. On a weekly basis, the precious yellow metal logged around a 2 […]
Commodity trading on Multi Commodity Exchange of India (MCX) will begin at 10 AM on Tuesday instead of usual 9 AM due to some technical issues. “The End-of -day processes for yesterday’s trade date have been delayed due to some technical issues and hence the special session will start at […]
Gold rate today: Because of rising optimism for the US Fed rate cut and weakness in the US dollar rates, gold price in the international market scaled to a six-week high at the $2,391 per ounce mark. In the domestic market, gold futures contract on the Multi Commodity Exchange (MCX) […]
Gold rate today witnessed selling pressure as investors await the release of the US inflation data on Friday. Gold futures contract on the Multi Commodity Exchange (MCX) for August 2024 expiry opened downside at ₹71,422 per 10 gm and intraday low of ₹71,402. However, the MCX gold rate witnessed some […]
Gold rate today: On account of hawkish US Fed on interest rate fueling US dollar rates, gold price today witnessed a sharp fall in the early morning session. Gold futures contract on the Multi Commodity Exchange (MCX) for August 2024 expiry opened with a downside gap at ₹71,475 per 10 […]
Gold rates today continue to remain under the sell-off heat as investors keenly anticipate the outcome of the highly influential US Fed meeting, which is commencing today. The gold futures contract on the Multi Commodity Exchange (MCX) for August 2024 expiry opened lower at ₹71,251 per 10 gm and touched […]
The minutes showed Fed officials are convinced it would take longer than previously expected to gain confidence that inflation was moving sustainably towards the Fed’s target of 2 per cent. Also Read: US Federal Reserve minutes show officials rally around higher-for-longer rates MCX Gold traded lacklustre in the morning on […]