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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: Business Standard 2 min read Last Updated : Sep 30 2024 | 1:30 PM IST UBS on Gold: Zurich, Switzerland-based brokerage firm UBS has increased its gold price forecasts, anticipating higher investment demand, a decline in US real rates, a seasonal uptick in jewellery consumption, and continued central bank purchases. “We raise…
Source: Live Mint Gold price today: Gold rates rose in the domestic futures market Monday morning, with investors’ focus shifting to the US Fed Chair Jerome Powell’s comments and geopolitical developments in the Middle East. MCX Gold traded 0.30 per cent higher at ₹75,945 per 10 grams around 9:45 am. Gold prices have seen healthy…
Source: Live Mint Gold vs equity: In the wake of the U.S. Fed rate cut buzz, gold prices and equity markets have followed each other as the end of the high interest rate regime was expected to fuel these two assets by putting breaks on the rally in the U.S. dollar rates. In year-to-date (YTD)…
Source: Live Mint Gold prices went up by ₹400 per 10 grams on Thursday in Delhi. The prices rose due to sustained buying by jewellers and strong global markets trends, reported PTI. Gold rose to a lifetime of ₹78,250 per 10 grams. “Maintaining its record-breaking run for the second day, gold spurted by ₹400 to…
Source: Business Standard Gold, Gold Coin(Photo: Shutterstock) 4 min read Last Updated : Sep 25 2024 | 1:09 PM IST Gold – a fresh record high as the US Dollar weakens and US yields turn lower Performance Commodities surged on a sizable stimulus package announced by China’s Central Bank and the Chinese…
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: Business Standard 4 min read Last Updated : Sep 20 2024 | 10:20 AM IST Gold: Up in volatile trading as the Fed goes for outsized rate cuts Performance Spot gold swung wildly in the wake of the US Fed cutting rates by 50-bps at its FOMC meeting concluded on September…
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
Source: Live Mint Gold rate today: After three weeks of consolidation, gold prices moved decisively upwards last week and touched a new peak of $2,583 per ounce in the spot market. During Friday’s session, Comex’s gold price touched a new high of $2,611.60 per troy ounce. While climbing to this new peak, the yellow metal…
