Gold Prices Today | Yellow metal glitters on US Fed rate cut momentum: MCX above ₹75K, bullion up 29% YTD

Gold Prices Today | Yellow metal glitters on US Fed rate cut momentum: MCX above ₹75K, bullion up 29% YTD

Gold prices soared to fresh record highs on Wednesday, September 25, as expectations for another big rate cut by the US Federal Reserve bolstered bullion’s bull rally, and a softer US dollar added to the metal’s appeal. Comments from US Fed chair Jerome Powell and US inflation data due later this week have come into … Read more

Gold rate today: Yellow metal prices steady amid geopolitical risks; higher US Treasury yields weigh

Gold rate today: Yellow metal prices steady amid geopolitical risks; higher US Treasury yields weigh

Gold prices were steady on Wednesday led by safe-haven demand amid the Middle East conflict partially offseting pressure from higher US Treasury yields. Spot gold price was at $2,383.29 per ounce, while US gold futures fell 0.3% to $2,399.60 per ounce. Spot silver rose 0.3% to $28.17 per ounce. MCX gold rate ended marginally lower … Read more