Gold prices fell 0.2% to ₹96,704 per 10 grams after weaker-than-expected US inflation data. Core inflation was 2.8% in May, while headline inflation was 2.4%, lower than the expected 2.5%. This led many traders to book profits. However, the low inflation has increased expectations that the US Federal Reserve may cut interest rates in early…
Gold prices rose 2.17% to Rs 94,649 as the US dollar weakened and people became more optimistic about US-China trade talks. Gold prices in India rose to a premium for the first time in five months due to low prices and high demand during the festive season. Dealers, who previously offered big discounts of up…
When markets were once again rocked by panic after Donald Trump acknowledged that his global tariff blitz might have “a transition cost,” gold hit a new high. After reaching a record high of $3,218.07, gold is currently trading at about $3,207. The current price of gold in India is Rs 93,380. On Thursday, gold prices…
Due to continued concerns about the trade war and anticipation of a rate cut by the US Federal Reserve, safe-haven gold rose to a record high on Friday, trading near the crucial $3,000 threshold. At the Morning, the price of spot gold was steady at $2,990.54 an ounce. A record high of $2,993.80 was reached…
A strong US dollar and a cautious market approach ahead of key economic data and Federal Reserve talks pushed gold prices lower. Federal Reserve minutes expressed optimism about a strong labor market and easing inflation, Global demand for gold remained stable at 1,176.5 metric tons in Q3 2024, as robust investment activity offset declining jewelry…
