Gold prices hit new record high, continue to gain for third week straight; silver surges by 1.4%

Gold prices hit new record high, continue to gain for third week straight; silver surges by 1.4%

Gold prices surged to achieve a fresh all-time high on Friday, propelled by various factors such as expectations of a U.S. interest rate cut, speculative purchasing, and central bank acquisitions, sustaining the ongoing upward momentum of bullion despite robust job growth in the United States during March. As of 10:57 a.m. EDT (1456 GMT), spot … 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