Gold declines on strong US dollar, focus shifts to inflation data; silver down 2.3%

Gold declines on strong US dollar, focus shifts to inflation data; silver down 2.3%

Gold prices fell by approximately 1% on Wednesday, pressured by a stronger U.S. dollar as investors closely monitored key inflation data from the world’s largest economy for indications of the Federal Reserve’s potential interest rate cut in September. By 9:44 a.m. ET (1344 GMT), spot gold had declined 0.9% to $2,502.38 per ounce, after dropping … Read more

Gold and silver prices today on 25-08-2024: Check latest rates in your city

Gold and silver prices today on 21-08-2024: Check latest rates in your city

Gold and Silver Prices Today: Gold prices saw a slight decrease on Sunday. The cost of 24 carat gold is Rs.7246.6 per gm, down by Rs.244.0. The cost of 22 carat gold is Rs.6637.9 per gm, down by Rs.223.0. The price change in 24 carat gold in the last one week has been -1.2%, whereas … Read more

Gold and silver prices today on 24-08-2024: Check latest rates in your city

Gold and silver prices today on 21-08-2024: Check latest rates in your city

Gold And Silver Prices Today: Gold prices saw a slight decrease on Saturday. The cost of 24 carat gold is Rs.7271.0 per gm down by Rs.178.0. The cost of 22 carat gold is Rs.6660.2 per gm down by Rs.164.0. The price change in 24 carat gold in the last one week has been -1.36%, whereas … Read more

Gold and silver prices today on 21-08-2024: Check latest rates in your city

Gold and silver prices today on 21-08-2024: Check latest rates in your city

Gold And Silver Prices Today: Gold prices saw a slight decrease on Wednesday. The cost of 24 carat gold is Rs.7331.2 per gm, down by Rs.143.0. The cost of 22 carat gold is Rs.6715.4 per gm, down by Rs.130.0.The price change in 24 carat gold in the last one week has been 1.35%, whereas in … 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 and silver prices today on 16-06-2024: Check latest rates in your city

Gold and silver prices Today on 23-03-2024: Check latest rates in your city

Gold And Silver Prices Today: Gold prices saw a slight increase on Sunday.The cost of 24 carat gold is Rs.7416.6 per gm up by Rs.431.0.The cost of 22 carat gold is Rs.6793.6 per gm up by Rs.395.0.The price change in 24 carat gold in the last one week has been 0.17% .whereas in the last … Read more

Gold and silver prices today on 12-06-2024: Check latest rates in your city

Gold and silver prices Today on 23-03-2024: Check latest rates in your city

Gold And Silver Prices Today: Gold prices saw a slight decrease on Wednesday.The cost of 24 carat gold is Rs.7280.2 per gm down by Rs.225.0.The cost of 22 carat gold is Rs.6668.7 per gm down by Rs.205.0. The price change in 24 carat gold in the last one week has been 0.0% .whereas in the … Read more