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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 in India achieved remarkable growth for the last Samvat year, soaring nearly 32 per cent since last Diwali. This surge in gold rate was primarily driven by multiple factors, including rising geopolitical tensions, anticipation of interest rate cuts, a stable dollar index, signs of global economic slowdown, and robust demand…
Source: Live Mint Gold price today: MCX Gold rate declined in morning trade in the domestic futures market on Thursday, October 31, primarily due to profit booking at higher levels on the Occasion of Diwali 2024. MCX Gold for December 5 expiry traded 0.16 per cent lower at ₹79,612 per 10 grams around 9:35 am….
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 vs stock market: As Diwali 2024 is fast approaching, investors are busy finding investment options to maximise the return on their money. As Gold has remained a traditional investment option, it would be interesting to know that in the last year, gold prices have ascended from ₹60,282 per 10 gm to…
Source: Live Mint The yellow metal has also experienced a sharp rise in its price this year, but silver outpaced it and this lowered the gold-to-silver price ratio. On a year-to-date basis, gold climbed about 32% while silver surged about 42%. In comparison, stock market returns have been relatively muted, more so when the current…
Source: Live Mint Gold price today: Rates rise as US dollar, bond yields ease; experts share strategy for MCX Gold Read Full Article
Source: Live Mint Gold prices reached all-time highs on Wednesday, bucking the trend of a rising dollar, which put additional pressure on both the yen and the euro. Meanwhile, global stocks dipped as investors hesitated to make significant investments in light of the upcoming U.S. election. As of 0748 GMT, spot gold was trading at…
Source: Live Mint The price of gold increased by ₹350, reaching a new all-time high of ₹81,000 per 10 grams, while silver surged by ₹1,500, crossing the ₹1 lakh mark in the national capital on Tuesday, driven by rising demand, according to the All India Sarafa Association. Extending its gains for the fifth consecutive day,…
