Gold prices fall over to a three-week low on Friday in the global markets and were heading for their first weekly decline in five, as a stronger dollar and prospects of more rate rises by the U.S. Federal Reserve dented its appeal. Gold contracts were trading 0.3% lower on the Multi-Commodity Exchange (MC-X) at Rs.51,451 per…
Gold prices struggled for momentum on August 10 in the international markets, as investors refrained from making big bets ahead of U.S. inflation data, which is expected to influence the pace of Federal Reserve rate hikes. Today morning the gold contracts were trading 0.24 percent lower on the Multi-Commodity Exchange (MCX) at Rs. 52,361 for 10 grams…
Gold prices traded in a tight range on Wednesday in international markets, pressured by a stronger dollar and Treasury yields as hawkish comments from U.S. Federal Reserve officials pulled the metal further away from last session’s one-month peak. But the yellow metal prices were steady on Thursday, supported by a pullback in the U.S. Treasury…
Gold produced a marginal gain last week as the dollar retreated from the high. However, silver continues to suffer and saw a marginal drop. On the Multi Commodity Exchange (MCX), gold futures advanced 1.1 percent to end the week at ₹50,644 (per 10 gram). But silver futures posted a loss of 0.8 percent as it…
Gold prices rose on Monday in international markets, helped by a slight pullback in the U.S. dollar and as investors dialled down bets of a 100 basis point interest rate hike by the Federal Reserve this month. Spot gold had advanced 0.4% to $1,713.49 per ounce after falling to its lowest in nearly a year…
Gold prices remain unchanged on Saturday. 10 grams of 24-carat gold is currently trading at Rs 51,110, whereas, 10 grams of 22-carat gold is trading at Rs 46,850. Silver prices also remain unchanged with one kg of silver metal trading at Rs 57,000. A variety of factors, including manufacturing charges, state taxes, and excise duty, have…
The gold price was up in Friday’s early trade, as the yellow metal’s price increased by Rs 230 from the previous day’s rate with 10 grams of 24-carat gold selling at Rs 51,990. Meanwhile, 10 grams of 22-carat gold, after a decrease of Rs 200, is trading at Rs 47,650. On the other handThe prices…
Commodity prices traded lower with most of the commodities in the non-agro segment ended lower during the week as stronger dollar and recession fears discouraged demand. Bullion prices declined on aggressive FED despite record inflation. Base metals traded weak on China lockdown and demand growth concerns. Crude oil prices declined by more than 9% as…
Gold price was down by Rs 1,050 on Wednesday and 10 gram of the yellow metal (24-carat) is trading at Rs 51,710. Meanwhile, 10 gram of 22-carat gold is trading at Rs 47,400 after a fall of Rs 960. Silver also witnessed a decline in its price at Rs 1,700, selling at Rs 59,800 per…
Gold prices down for a third straight session on Tuesday, as expectations of interest rate hikes in the United States and Europe edged the bullion’s demand. The opening price for gold was Rs 51,167 per 10 grams, down Rs 288 from Friday’s closing price of Rs 51,455, while the silver price was Rs 62,471 per…
