Gold rate today witness strong buying interest due to rising uncertainty after Israel Palenstine conflict. Gold price today on Multi Commodity Exchange (MCX) for December 2023 expiry contract opened higher at ₹57,000 per 10 gm levels and went on to hit intraday high of ₹57,400 levels within few minutes ofRead More →
Gold prices saw a slight decrease on Saturday. The cost of 24 carat gold is Rs. 5868.0 per gm down by Rs. 270.0. The cost of 22 carat gold is Rs. 5380.0 per gm down by Rs. 250.0. The price change in 24 carat gold in the last one weekRead More →
Gold rate today: Despite risk prevailing in the global financial market, gold failed to emerge as ‘investors’ haven’ and nosedived to two month low. Spot gold price even breached its crucial support of $1,880 per ounce levels and ended at $1,848 levels on Friday. Gold future contract for October 2023Read More →
Gold rate today: On account of US dollar gaining against major global currencies after US Fed’s hawkish rate pause in the meeting held last week, gold prices have remained under pressure and it has been trading in $1,920 to $1,980 per ounce range. However, on Friday, the precious metal endedRead 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 prices traded lower in the morning session in the domestic futures market on Wednesday, mirroring the subdued trends observed in the global market as investors await US inflation data, expected later today, which could influence expectations around the interest rate trajectory in the US. “While the Fed is expectedRead 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 →
Asian markets traded lower on Thursday as investors awaited the inflation data in the US due later today. Concerns over deflation in China dented sentiment. Data showed China’s consumer prices dropped 0.3% in July from a year ago, while producer prices fell 4.4%. On the domestic side, investors will focusRead More →
China is set to release its trade balance on Tuesday and inflation data on Wednesday. In Japan, official data showed the country’s household spending fell 4.2% YoY in June, compared with 4% in May, remaining in negative territory for the fourth straight month. In the US, the latest consumer priceRead 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 →
