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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 Precious metals continued their upward momentum in October, marking a third consecutive month of gains, with gold and silver rising 4.21% and 4.56%, respectively. This surge has been largely driven by heightened geo-political tensions, fueling ongoing demand for these safe-haven assets. The monthly returns could have been even higher if not for…
Source: Business Standard 4 min read Last Updated : Sep 06 2024 | 2:07 PM IST Slightly softer than expected US CPI data (April) buoyed precious metals with investors discounting increased probability of a Fed rate cut, helped the metal rally to a fresh cycle high of $29.84; however, the rally may be at…
