Gold prices moved in a lower range in Asian trade on Thursday. The strength of the dollar weighed on gold prices as US interest rates did not fall as expected in the medium to long term. The yellow metal took some gains after touching a peak ahead of Wednesday’s Fed decision. Spot gold rose 0.1%…
In sporadic transactions, gold prices in the nation’s capital on Wednesday were unchanged at Rs 74,350 per 10 grams, despite a decline in international markets. Nonetheless, the price of silver decreased by Rs 400 to Rs 87,800 per kilogram. It had closed Tuesday’s previous session at Rs 88,200 per kg. In the meantime, 10 grams…
The price of gold increased by Rs 1,100 to Rs 72,450 per 10 grammes in the nation’s capital on Friday due to rising domestic demand and signals from the international market. The price of precious metal per 10 grammes had ended at Rs 71,350 during the previous session. In addition, the cost of silver increased…
Gold prices fell more than 2 percent on Monday. Spot gold was down 2% at $2,393.66 an ounce. In contrast, US gold futures fell 1.4% to $2,434.10. Spot silver fell 5.7% to $26.92 an ounce, palladium fell 4.5 percent to $849.05, its lowest level since August 2018, and platinum fell 4.1 percent to $918.35. Other…
Gold prices saw robust selling last week in response to China’s weak demand for real gold. The COMEX gold market saw a 4.50 percent loss last week, while the yellow metal price in India saw a greater decline as a result of price adjustments following the news of a 9 percent reduction in customs duties…
As investors priced in a pause in interest rate increases by the Federal Reserve during its policy meeting this week, with a focus on the U.S. central bank’s rate outlook, gold prices nudged higher on Monday. The price of spot gold increased 0.2% to $1,928.19 per ounce. American gold futures increased 0.2% to $1,949.30. Ahead…
The price of gold is trading unchanged on Friday, while the price of silver is up 0.23%. Gold June futures were selling at Rs 61,469 per 10 grams on the Multi Commodity Exchange, down Rs 24 or 0.04%. On the MCX, silver May futures were trading at Rs 78,220 per kilogram, up Rs 182. Globally,…
On Wednesday, the price of gold is declining, while the price of silver is rising by 0.10%. Gold June futures were up Rs 101 or 0.17% on the Multi Commodity Exchange, trading at Rs 60,160 per 10 grams. Silver May futures were trading at Rs 74,334 per kg on the MCX, up Rs 71. As…
The commodities market experienced positive momentum the whole week, with the exception of gold, with most commodities posting weekly gains ranging from 1.5% to 3.0%. Due to traders locking in their profits during the recent advance, gold prices gave up all of their weekly gains and ended up slightly lower last week. As traders monitored…
The bullish trend in the bullion pack and crude oil persisted in the commodities market, while most base metal prices declined last week. The favorite asset class for investors at the moment is still yellow metal. Comex spot gold price soared to a brand-new 52-week high of $2032 per ounce, and for the week, the…
