Gold prices declined by 0.29% to close at Rs 141,850, as investors weighed the implications of easing U.S. inflation data against the backdrop of escalating geopolitical tensions in the Middle East. Softer-than-anticipated U.S. producer prices, coupled with subdued consumer inflation, Read More …
Gold prices experienced a significant increase, closing 1.39% higher at Rs 142,257, as weaker-than-anticipated U.S. inflation figures bolstered the belief that the Federal Reserve might pursue a less aggressive approach to monetary policy. In June, U.S. consumer inflation moderated to Read More …
Gold prices experienced a notable decline of 2.21%, concluding at Rs 140,309. This drop was influenced by rising geopolitical tensions in the Middle East, which in turn drove crude oil prices upward and reignited worries that inflationary pressures may prolong Read More …
Gold prices declined 1.25% to settle at Rs 143,478, influenced by rising crude oil prices and escalating U.S.-Iran tensions, which bolstered expectations that the Federal Reserve may sustain a restrictive monetary policy for an extended period. Minutes from the Fed’s Read More …
Gold prices experienced a decline, while silver saw an uptick on the MCX on Friday, buoyed by a weaker U.S. dollar. Despite this, both metals are poised for a weekly downturn, driven by apprehensions that rising U.S.-Iran tensions may fuel Read More …
Gold prices fell by 1.04%, concluding at Rs 145,392, influenced by a robust U.S. dollar and increasing anticipations that the Federal Reserve will maintain higher interest rates for an extended period. Investors continued to express concerns that inflation may prove Read More …
Gold prices commenced the day on a downward trajectory on the MCX on Tuesday, marking a continuation of losses for a second consecutive session. This decline comes as investors shift their focus towards the forthcoming minutes from the U.S. Read More …
Gold prices concluded the trading session with an increase of 1.11%, reaching Rs 147,378. This uptick was bolstered by disappointing US labour market data, which diminished the likelihood of an imminent interest rate increase by the Federal Reserve. In June, Read More …
Gold prices experienced an increase of 1.33%, closing at Rs 144,430. This rise was bolstered by a resurgence in safe-haven demand amid escalating geopolitical tensions between the US and Iran, alongside investor attention on remarks made by the newly appointed Read More …
Gold and silver prices remained relatively stable on the Multi Commodity Exchange on Monday, even as renewed tensions in the Middle East heightened concerns regarding the precarious nature of the Iran-US ceasefire. Meanwhile, expectations of additional interest rate increases by Read More …
