Gold prices in India maintained its shine during the financial year 2023-2024 driven by escalating geopolitical crises worldwide. Volatility in the yellow metal prices also remained high led by slowing growth in advanced economies and monetary tightening by global central banks amid high inflation. Gold has historically been viewed asRead More →
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, goldRead More →
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 asRead More →
Nifty vs Sensex vs gold: After giving zero return in first two months of the current year (CY) 2023, key benchmark indices of the Indian stock market — NSE Nifty and BSE Sensex — witnessed strong rally in last four months that helped both indices to touch record high onRead More →
Gold rate today: On account of bank crisis in US and Europe and fear of economic slowdown, gold prices delivered stellar return among all assets in first quarter of the current year (CY) 2023. On MCX, gold prices shot up from around ₹54,975 per 10 gm to ₹59,371 per 10Read More →
Gold rate today: On account of US dollar rates rebounding from 7-week lows and Dollar Index sustaining above the psychological 102 levels, profit booking triggered in the yellow metal on the weekend session. Gold future contract for April 2023 on Multi Commodity Exchange (MCX) ended at ₹59,310 per 10 gm,Read More →
Gold prices have been under pressure as major global central banks tightened monetary policy. Despite the downturn, gold prices have climbed over 2% YTD and 6.6% in the last year. Ahead of the US Fed’s FOMC meeting on March 21st and 22nd, 2023, gold futures on the Multi Commodity ExchangeRead More →
