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 Prices Today: Yellow metal extends gains as investors await US inflation data, silver up 0.6%

Gold Prices Today: Yellow metal extends gains as investors await US inflation data, silver up 0.6%

Gold Prices Today: Gold prices extended gains on Wednesday, March 27, as investors awaited US inflation data that will throw further light on the US Federal Reserve’s policy path after the central bank kept interest rates unchanged for the fifth straight meeting this month. According to commodity market experts, gold prices have retraced from recent … Read more

Gold prices rise ahead of US inflation data, silver slips 0.3%

Gold prices rise ahead of US inflation data, silver slips 0.3%

Gold prices surged, supported by a decline in the U.S. dollar, as investors awaited upcoming data to assess inflation trends, crucial for understanding the Federal Reserve’s approach to interest rates, on Tuesday. At 09:58 a.m. EDT (1358 GMT), spot gold climbed 0.5% to $2,182.77 per ounce after spiking by as much as 1.3% earlier in … Read more