Gold prices experienced an increase of 1.44%, reaching Rs 1,29,504, propelled by growing optimism regarding a potential rate cut by the Federal Reserve in December. A series of dovish remarks from Federal Reserve officials, coupled with disappointing delayed economic indicators, Read More …
Gold prices commenced with a notable increase on Friday, as the MCX February futures rose to Rs 1,28,313 per 10 grams, reflecting a gain of Rs 646 or 0.51% from the prior close. The yellow metal is currently positioned close Read More …
Silver yesterday settled 3.17% higher at Rs 1,61,272, buoyed by soft U.S. economic data that reinforced expectations for a December Federal Reserve rate cut. Weaker retail sales, declining consumer confidence, and deteriorating labor market conditions—evidenced by ADP’s report indicating that Read More …
Gold prices experienced profit-taking from elevated levels amid market volatility, even with increasing expectations of Federal Reserve rate cuts in December and a decline in the dollar index. Gold February futures prices at MCX commenced trading with a decline of Read More …
Gold and prices commenced the day on a positive note on the MCX on Wednesday, continuing the upward trend observed this week. Gold February futures were priced at Rs 1,27,640 per 10 grams, reflecting an increase of Rs 645 or Read More …
On Tuesday, gold and silver prices commenced trading positively, with increases reaching as high as 1.2%, driven by expectations of a Federal Reserve rate cut in December. Gold December futures prices at MCX exhibited an increase of Rs 1,070, reflecting Read More …
Gold futures for December delivery decreased by Rs 1,481 or 1.19% to Rs 1,22,710 per 10 grams on the Multi-Commodity Exchange on Monday, November 24, as investors anticipate significant US economic data that may provide insight into the Federal Reserve’s Read More …
Gold prices commenced trading in negative territory on Friday, November 21, marking a continuation of gains for a second consecutive session as diminishing expectations for a US interest rate cut persistently weighed on sentiment for these precious metals. The most Read More …
Gold and silver prices experienced a slight decline on Thursday, November 20, as diminishing expectations for a US interest rate cut persisted in undermining sentiment for these precious metals. The most recent US Federal Reserve Minutes revealed a division among Read More …
Gold prices experienced a slight increase in early trading on Wednesday, November 19, breaking a two-day decline observed earlier this week, despite diminishing expectations for a US interest rate cut that continued to negatively impact sentiment towards these precious metals. Read More …