Gold rate today: Yellow metal remains elevated as easing US inflation fuels US Fed rate cut buzz

Gold rate today: Yellow metal remains elevated as easing US inflation fuels US Fed rate cut buzz

Gold rate today: The release of the US CPI data significantly impacted gold prices, leading to a continued rally on Friday last week. The MCX gold rate closed higher at ₹76,307 per 10 gm, while the spot gold price surged over one per cent to $2,657.26 per ounce. The COMEX gold price also saw a … Read more

Gold vs equity: Why yellow metal outshined Nifty 50 in YTD despite bull trend in stock market? Explained with 5 reasons

Gold vs equity: Why yellow metal outshined Nifty 50 in YTD despite bull trend in stock market? Explained with 5 reasons

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) time, gold prices … Read more

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

US Fed pivot in focus: Why are gold prices following US Treasury yield? — Explained

US Fed pivot in focus: Why are gold prices following US Treasury yield? — Explained

The US Federal Reserve’s supersized interest rate cut by 50 basis points (bps) or (½) half a percentage point has triggered a robust rally in several commodity baskets, particularly gold prices, lifting its demand optimism. The much-awaited US Fed pivot has resulted in the US dollar and US Treasury yield being inversely proportional to gold … Read more

Gold price climbs 26% in YTD. Should you book profit or wait for US Fed’s rate cut cycle?

Gold price climbs 26% in YTD. Should you book profit or wait for US Fed’s rate cut cycle?

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 price surged around … Read more

Gold, silver rates today in uptrend on US Fed rate cut buzz, weak US dollar. Which precious metal to buy?

Gold, silver rates today in uptrend on US Fed rate cut buzz, weak US dollar. Which precious metal to buy?

Gold, silver rate today: Gold and silver prices witnessed strong buying, which helped precious bullions to end higher after a gap of two weeks. Spot gold price finished at $2,507 per ounce after climbing to a new peak of $2,509.72 (3.13%). After ending above $2,500 per ounce, spot gold price registered a weekly gain of … Read more

Gold declines as expectations for rate cut fades following US CPI data; silver marginally down

Gold declines as expectations for rate cut fades following US CPI data; silver marginally down

Gold prices dropped in a volatile trading session on Wednesday after data revealed that U.S. consumer prices rebounded as anticipated in July. This dampened expectations for a significant rate cut by the Federal Reserve next month. Spot gold declined by 0.4% to $2,455.91 per ounce by 1338 GMT, while U.S. gold futures fell 0.5% to … Read more

Gold rate today at a four-month low. Should you buy as cooling US inflation fuels US Fed rate cut buzz?

Gold rate today at a four-month low. Should you buy as cooling US inflation fuels US Fed rate cut buzz?

Gold rate today: Following the sluggish demand for physical gold in China, gold prices witnessed strong selling last week. COMEX gold lost around 4.50 percent last week, whereas, in India, the downside in the yellow metal price was deeper due to the price adjustment after the announcement of a customs duty cut by 9 percent … Read more

Gold reaches all-time high on Fed rate cut expectations; silver marginally up

Gold reaches all-time high on Fed rate cut expectations; silver marginally up

Gold prices surged over 1 per cent to a record high on Tuesday as investors turned to the safe-haven asset following comments from Federal Reserve officials that solidified expectations for a U.S. interest rate cut in September. By 11:01 a.m. ET (1501 GMT), spot gold increased by 1.3 per cent to $2,452.29 per ounce, while … 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