Gold prices have reached unprecedented levels worldwide, propelled by robust investor interest, acquisitions by central banks, and anticipations of reductions in interest rates. Gold continues to hover close to its historical highs, supported by strong global sentiment. In light of Read More …
The gold price commenced the day at Rs 1,34,027 per 10 grams on the MCX, reflecting a decrease of Rs 494 or 0.37%. With the metal maintaining its position above the significant Rs 1.34 lakh threshold and international indicators suggesting Read More …
Gold prices experienced a modest increase, closing up 0.21% at Rs 134,409, as market participants evaluated the postponed US jobs data and the shifting guidance from the Federal Reserve. Sentiment remained broadly supportive following remarks from New York Fed President Read More …
Gold prices concluded the trading session with an increase of 0.87%, reaching Rs 133,622, after momentarily achieving a new all-time high close to Rs 135,000, bolstered by anticipations of additional monetary easing in the United States. Sentiment has shown improvement Read More …
Gold showed strong performance during Friday’s intraday session, with February futures on the MCX trading higher at Rs 1,33,918 per 10 grams, reflecting an increase of over 1% or Rs 1,449. This upward movement follows a seven-and-a-half-week high, driven by Read More …
Gold price commenced the day on a positive note in early trading on Thursday, December 11, in the wake of the US Federal Reserve’s third consecutive interest rate reduction. The action was largely consistent with forecasts; however, the trajectory of Read More …
Gold prices experienced an uptick on the MCX during early trading on Wednesday, December 10, in anticipation of the US Federal Reserve’s policy announcement. MCX gold February futures experienced an increase of 0.20%, reaching Rs 1,30,369 per 10 grams around Read More …
In the early trading session on Tuesday, gold and silver prices exhibited strength, with gold futures on the Multi Commodity Exchange increasing by 0.10% to Rs 1,30,091 per 10 grams, while silver futures advanced by 0.53% to Rs 1,82,699 per Read More …
On Monday, gold prices commenced the trading session with a modest decline, as February futures were quoted at Rs 1,30,401 per 10 grams, reflecting a decrease of Rs 61 or 0.05% on the Multi Commodity Exchange. The price action indicates Read More …
Gold increased by 0.54% to Rs 130,462, bolstered by ongoing expectations of a rate cut from the Federal Reserve in December, as markets assign nearly a 90% likelihood to a 25-bps reduction. The recent release of softer economic data from Read More …
