Gold prices witnessed their best monthly performance since March on Wednesday, driven by geopolitical concerns and expectations of an interest rate cut in September, with attention turning to the U.S. Federal Reserve’s upcoming policy decision. As of 1341 GMT, spot gold rose 0.7% to $2,424.29 per ounce, marking a gain […]
gold and silver price
Gold prices dropped over 2% on Friday as the dollar strengthened and investors took profits following bullion’s record high earlier in the week, driven by increasing expectations of U.S. interest rate cuts in September. By 1422 GMT, spot gold had decreased 1.8% to $2,401.49 per ounce. Earlier, on Wednesday, gold […]
Gold prices surged over 1 per cent to a record high on Tuesday as investors turned to the safe-haven asset following comments from Federal Reserve officials that solidified expectations for a U.S. interest rate cut in September. By 11:01 a.m. ET (1501 GMT), spot gold increased by 1.3 per cent […]
Gold Prices Today: The yellow metal held above the key $2,400 per ounce pivot on Friday, July 12, and were headed for their third straight weekly gain, as investors grew confident that the US federal Reserve was on track to lower interest rates soon after the latest consumer price-based inflation […]
Gold prices climbed over 1 per cent on Thursday, rebounding from a more than two-week low reached in the previous session, as the dollar weakened and attention turned to key U.S. inflation data for insights into the Federal Reserve’s policy direction. As of 1804 GMT, spot gold had increased by […]
Gold prices surged over 1 per cent, reaching their highest level in two weeks, on T. This increase was fueled by recent U.S. economic data indicating a slowdown in the world’s largest economy, which heightened expectations of interest rate cuts by the Federal Reserve later this year. At 10:04 a.m. […]
The outcome of the 2024 Lok Sabha elections triggered a significant downturn in the Indian stock market, with the Nifty plummeting by 8.5% and the Sensex experiencing a nearly 6% decline. However, experts suggest a different scenario for gold. “The outcome of central elections typically doesn’t have directly influence commodities […]
Gold prices rose marginally on Thursday as both the dollar and Treasury yields declined following optimistic U.S. economic data, fueling expectations that the Federal Reserve will likely implement interest rate cuts later this year. At 10:30 a.m. ET (1430 GMT), spot gold rose by 0.4 per cent to $2,348.36 per […]
Gold prices seemed set for a second consecutive weekly gain on Friday, boosted by China’s stimulus measures and renewed optimism about U.S. interest rate cuts. Silver also surged past the $30 mark, reaching an 11-year high. By 1745 GMT, spot gold had increased by 1.5% to $2,412.83 per ounce, approaching […]
Gold rate on Multi Commodity Exchange (MCX) rose and Silver price jumped above 91,100 level tracking gains in international bullion prices amid interest rate cut hopes. MCX gold rate rose 0.05%, or by ₹39, to ₹73,750 per 10 grams on Friday. The yellow metal made a high of ₹73,782 and […]