Gold prices declined on Tuesday, influenced by a rise in the dollar and Treasury yields as investors awaited U.S. inflation data later in the week. This data is crucial as it could offer insights into the Federal Reserve’s potential timing for interest rate adjustments this year. As of 10:17 a.m. […]
spot silver rate
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 slumped on Wednesday due to a stronger dollar, rising bond yields, and hawkish remarks from a Federal Reserve official, which dampened market sentiment ahead of the U.S. inflation data release. By 10:00 a.m. ET (1400 GMT), spot gold had decreased by 0.7 per cent to $2,345.62 per ounce, […]
By 1119 GMT, spot gold dipped by 0.3% to $2,344.20 per ounce, following a 0.7% uptick on Monday. The precious metal slipped below its 21-day moving average, currently at $2,348, yet remained poised for its fourth consecutive month of growth, boasting a 2.5 per cent increase in May. Notably, the […]
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 […]
At 1304 GMT, spot gold surged by 0.9% to $2,396.81 per ounce. Bullion prices have climbed by 1.5% this week, following a one-month high on Thursday. In the meantime, gold futures for June delivery in the U.S. concluded 0.4% lower, settling at 2385.50 per ounce. “Gold prices inched higher, hovering […]
Gold rate in India ended flat on Friday, while the international gold prices witnessed their best week in five led by weaker US jobs data this week that reinforced hopes for interest rate cut by the US Federal Reserve. On Friday, MCX gold price ended 0.01% lower at ₹72,722 per […]
Ahead of the auspicious Akshaya Tritiya, silver is shining bright among other precious metals in the commodity market and is likely to outperform gold in the longer period, according to domestic brokerage house Motilal Oswal Financial Services Limited. According to recent data, gold and silver have experienced notable year-to-date (YTD) […]
Gold prices surged by over 1%, buoyed by a weakening U.S. dollar following subdued U.S. jobs data, on Monday. This prompted speculation of potential interest rate cuts by the Federal Reserve in the coming months. Spot gold experienced a rise of 0.8%, reaching $2,320.95 per ounce by 1503 GMT. Additionally, […]