Gold rate today, 16th April 2024: Despite disappointing US retail sales data and the US dollar climbing to the 5-month high, the Iran-Israel conflict continued its support to the gold price rally on Tuesday. Gold price today on the Multi Commodity Exchange (MCX), opened higher and went on to touchRead More →
Gold prices traded higher on Thursday, April 11, after softer-than-expected US producer prices data boosted hopes for US interest rate cuts this year, while persistent geopolitical concerns added to the yellow metal’s shine. Spot gold rose 0.3 per cent to $2,340.69 per ounce. Bullion prices had hit an all-time highRead More →
Gold and silver rates today: Despite the rise in the US dollar rates, gold and silver prices continue flirting with record highs throughout the week on US Fed rate cut buzz. Gold futures contract on the Multi Commodity Exchange (MCX) for June 2024 expiry climbed to a new peak ofRead More →
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 10:57Read More →
At 10:04 am EDT, spot gold was down 0.3 per cent at $2,291.88 per ounce, after hitting a record high of $2,304.09 earlier in the day. US gold futures declined 0.3 per cent to $2,308.30. Spot silver fell 1.2 per cent to $26.88 per ounce after hitting its highest sinceRead More →
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 rate today: Despite commitments in the US Fed meeting to maintain a high-interest rate regime, gold price finished more than 0.75 percent higher in the week gone by. Gold future contract on the Multi Commodity Exchange (MCX) for February 2024 expiry ended at ₹63,200 per 10 gm level, clockingRead More →
According to commodity market experts, gold rates today are weighed by strong US dollar that has climbed to six-month high during the same period. They said that market is expecting interest rate hike in the US Fed’s FOMC meeting scheduled next week and further volatility in the rpecious metal canRead More →
Gold rate today: Following mixed trend throughout the week as investors were waiting for the final outcome of Jackson Home meeting. However, the yellow metal continue to bounced back from the lower support levels and its crucial ₹58,000 per 10 gm levels on Multi Commodity Exchange (MCX) and $1,900 perRead More →
Gold rate today: Amid US dollar hitting three-week low and Reserve Bank of India (RBI) Monetary Policy Committee (MPC) meeting scheduled to begin from tomorrow, gold future contract for October 2023 expiry on Multi Commodity Exchange (MCX) opened higher at ₹59,550 per 10 gm and continue to remained sideway aroundRead More →
