Gold declines as dollar, yields strengthen following US retail sales data

Gold declines as dollar, yields strengthen following US retail sales data

Gold prices declined as the dollar strengthened and Treasury yields rose, driven by an unexpected increase in U.S. retail sales in March, on Monday. This development raised concerns that the Federal Reserve might postpone interest rate cuts for the year. Spot gold saw a 0.5 per cent decrease, reaching $2,332.97 per ounce as of 10:18 … Read more

Gold and silver prices Today on 07-04-2024: 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 Sunday.The cost of 24 carat gold is Rs.7141.9 per gm down by Rs.699.0.The cost of 22 carat gold is Rs.6542.0 per gm down by Rs.640.0. The price change in 24 carat gold in the last one week has been -3.79% .whereas in the … 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

Gold and silver prices Today on 23-03-2024: 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 Saturday.The cost of 24 carat gold is Rs.6739.5 per gm down by Rs.590.0.The cost of 22 carat gold is Rs.6173.4 per gm down by Rs.540.0. The price change in 24 carat gold in the last one week has been -1.45% .whereas in the … Read more