Gold prices dropped over 2% during a volatile session on Monday as investors sold off positions alongside a broader decline in equities. By 1139 GMT, spot gold had fallen 2% to $2,393.66 per ounce, while U.S. gold futures decreased by 1.4% to $2,434.10. Source link
Gold Rate Today
Gold rate today: Following uncertainty in the US economy after the US jobless claim data surged to a three-year high and rising tension in the Israel-Iran war-like situation, the gold price has witnessed strong buying since the early morning session. Gold price today on the Multi Commodity Exchange for the […]
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 […]
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 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 prices rose one per cent on Friday, July 26, supported by lower US Treasury yields amid growing optimism for an interest rate cut by the US Federal Reserve in September after official data showed US prices rose modestly in June. Spot gold was up about one per cent to […]
Gold dropped more than 1 per cent on Thursday, reaching its lowest point in two weeks, as investors adjusted their positions to concentrate on upcoming U.S. economic data that might provide further clues on when the Federal Reserve could cut interest rates. By 1302 GMT, spot gold had decreased by […]
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 […]
Indian stock market: The domestic equity market indices, Sensex and Nifty 50, are expected to open lower on Wednesday tracking weakness in global peers. Asian markets traded lower, while the US stock market ended in the red overnight as investors focused on Alphabet and Tesla Q2 results On Tuesday, the […]
Gold rate today witnessed enormous selling pressure after the Union Budget 2024. Gold price today on the Multi Commodity Exchange (MCX) opened with an upside gap at ₹72,838 per 10 gm. Still, the precious yellow metal came under massive selling pressure after Finance Minister Nirmala Sitharaman announced the reduction of […]