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 price
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 […]
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 surged over 1 per cent on Thursday, surpassing the $2,400 per ounce mark, following data revealing a surprise decline in U.S. consumer prices last month. This development heightened expectations for interest rate cuts by the Federal Reserve. Spot gold climbed 1.5 per cent to $2,406.99 per ounce by […]
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 prices surged over 1% to reach a nearly two-week peak, buoyed by growing expectations of a Federal Reserve interest rate cut in September following indications from recent U.S. data showing a softening labor market, on Wednesday. Spot gold rose 1.4% to $2,362.32 per ounce by 10:09 a.m. ET (1409 […]
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 were set for their second consecutive weekly gain on Friday as demand increased due to expectations surrounding U.S. Federal Reserve interest rates. Meanwhile, palladium, used in auto-catalysts, surged over 8%. Spot gold was down 0.2% at $2,354.86 per ounce as of 09:31 a.m. ET (1331 GMT). Despite this […]
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. […]
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 […]