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Source: Live Mint Gold prices on MCX opened sharply lower on Thursday tracking weakness in international bullion prices that hit a two-month low amid a stronger US dollar. Silver prices also dropped by more than 1%. At 9:05 am, MCX gold rate traded lower by ₹609, or 0.82%, at ₹73,873 per 10 grams, while MCX…
Source: Live Mint With US election uncertainties behind us and the Fed cutting rates as anticipated, gold prices are experiencing profit-taking amid a lack of new catalysts. Domestic spot gold prices declined nearly 3 per cent for the week ended Friday, November 8. MCX Gold hit its record high of ₹79,775 per 10 grams on…
Source: Live Mint Gold prices in India extended decline on Thursday, mirroring global weakness in the yellow metal after Republican Donald Trump’s 2024 US election victory triggered a sharp correction. Analysts anticipate further short-term pressure on gold rates due to political and economic factors impacting the bullion’s safe-haven appeal. MCX gold prices have dropped over…
Source: Live Mint Gold prices on Wednesday, October 30, rose 0.41 per cent or ₹321 to ₹79,554 per 10 grams of the yellow metal as of 9:06 p.m. (IST), compared to its previous close at ₹79,233 per 10 grams, according to data collected from Multi Commodity Exchange of India (MCX) on Gold Futures contract of…
Source: Live Mint Gold and silver prices in India are currently trading near record highs amid the Diwali festive season. The MCX gold rate has surged close to ₹80,000 per 10 grams, while silver prices are approximately ₹99,000 per kilogram, after briefly crossing the ₹1,00,000 mark earlier this month. Gold has delivered a substantial return…
Source: Live Mint Gold rate today: The yellow metal is on an uptrend and has regularly climbed a new peak last week. During Friday’s deals, the MCX gold rate hit a new record high of ₹77,839 per 10 gm, whereas the spot gold price touched a new peak of $2,722 per troy ounce. According to…
Source: Live Mint Gold rate today: The release of the US CPI data significantly impacted gold prices, leading to a continued rally on Friday last week. The MCX gold rate closed higher at ₹76,307 per 10 gm, while the spot gold price surged over one per cent to $2,657.26 per ounce. The COMEX gold price…
Source: Live Mint Gold rate today: The yellow metal price in the domestic market appreciated despite profit-booking in spot gold prices. MCX gold rate finished 0.60% higher last week at ₹76,190 per 10 gm, whereas the spot gold price descended 0.40% and closed at $2,653 per troy on\unce. According to the commodity market experts, this…
Source: Live Mint Gold rate today: After an aggressive US Fed rate cut of 50 bps, gold price witnessed a sharp upside rally last week as the US dollar rates came under pressure after this US Fed meeting outcome. Spot gold price peaked at 2,625 per troy ounce before the market closed on Friday. On…
Source: Live Mint Gold rate today: Gold price rose in early trade in the domestic futures market Friday morning, tracking gains in international markets as investors digest the bumper 50 bps US Fed rate cut and expect the rate-reduction cycle to continue for the next two years. to co Read Full Article
