Gold prices reached all-time highs on Wednesday, bucking the trend of a rising dollar, which put additional pressure on both the yen and the euro. Meanwhile, global stocks dipped as investors hesitated to make significant investments in light of the upcoming U.S. election. As of 0748 GMT, spot gold was trading at $2,754.25 per ounce, … Read more
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 and Silver Prices Today: On Thursday, gold prices experienced a minor decline. The price of 24 carat gold is Rs.7685.3 per gram, decreasing by Rs.760.0. The price for 22 carat gold is Rs.7046.3 per gram, a drop of Rs.700.0. The price fluctuation for 24 carat gold over the past week has been 0.15%, while … Read more
Gold vs Oil: Commodity baskets, including gold, silver, and crude oil, among others, have swung by huge margins ever since the US Federal Reserve delivered its supersized interest rate cut by 50 basis points (bps). Monetary policy rates have varying effects on gold and crude oil prices due to the relative appeal of the commodities, … Read more
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 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 and Silver Prices Today: Gold prices observed a modest increase on Sunday. The cost of 24 carat gold is Rs.7610.3 per gm, reflecting an increase of Rs.810.0. The cost of 22 carat gold is Rs.6977.3 per gm, up by Rs.740.0. The price change in 24 carat gold over the past week has been 2.7%, … Read more
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 and Silver Prices Today: Gold prices experienced a marginal increase on Friday. The price of 24 carat gold is Rs.7352.8 per gm, which reflects an increase of Rs.165.0. The cost of 22 carat gold is Rs.6735.2 per gm, up by Rs.152.0. The price change in 24 carat gold over the past week has been … Read more
Gold prices experienced a modest increase on Thursday. The cost of 24 carat gold is Rs.7336.3 per gram, reflecting an increase of Rs.725.0. The price of 22 carat gold is Rs.6720.0 per gram, which is up by Rs.663.0. The price change in 24 carat gold over the past week has been 1.27%, while it has … Read more