Gold prices rise Rs 110 to Rs 57,550; silver prices surge by Rs 100
Gold prices rose by Rs 110 during Wednesday’s early trade with ten grams of 24-carat gold trading at Rs 57,550, according to the GoodReturns website. Silver prices also surged by Rs 100 with 1 kg of silver selling at Rs 71,400. The price of ten grams of 22-carat […]
Gold prices rise by Rs 280 to Rs 57,440; silver prices unchanged
Gold prices rose by Rs 280 during Tuesday’s early trade with ten grams of 24 carat gold trading at Rs 57,440, according to the GoodReturns website. Silver prices remained unchanged during early trade with 1 kg of the precious metal trading at Rs 71,200. The price of ten grams of […]
Gold prices edge down as traders strap in for US Fed policy decision
By Kavya Guduru (Reuters) – Gold prices ticked lower on Wednesday as investors kept to the sidelines ahead of the U.S. Federal Reserve’s policy decision on its interest rate path due later in the day. Spot gold was 0.2% lower at $1,924.26 per ounce as of 0929 […]
Gold set for third monthly rise on softer dollar, US Fed slowdown bets
By Seher Dareen (Reuters) – Gold prices on Tuesday were on track for their third straight monthly gain, helped by an overall weaker dollar and expectations around slower rate hikes from the U.S. Federal Reserve. Spot gold pared most of its earlier losses on the day, and […]
Gold prices subdued as US economic data backs Fed’s interest rate stance
By Kavya Guduru (Reuters) – Gold edged lower on Friday as robust U.S. economic data was seen as fodder for the Federal Reserve to keep interest rates high for longer, but caution ahead of inflation data and the policy meeting next week put a floor under bullion prices. […]
Gold Prices: Gold hits all-time high of Rs 57,000, demand declines
Gold touched an all-time high of ₹57,000 per 10 gm on Tuesday, which is ₹800 more than in August 2020 when the rate had peaked at ₹56,200 per 10 gm during the covid pandemic. Jewellers said only those who have marriages in the family are buying gold now and the volume of gold jewellery consumption […]
Gold prices march higher on slower US Fed interest rate hike bets
By Arundhati Sarkar (Reuters) – Gold prices advanced on Tuesday as the dollar’s retreat amid expectations for a less-aggressive interest rate hike from the U.S. central bank made bullion a more attractive bet. Spot gold rose 0.3% to $1,936.62 per ounce by 1137 GMT. U.S. gold futures […]
Gold prices tick lower; growth concerns start weighing on white metals
By Arundhati Sarkar (Reuters) – Gold prices ticked lower on Monday as investors positioned for U.S. economic data this week that could influence the Federal Reserve’s future policy, with a softer dollar cushioning further losses in bullion. Spot gold inched 0.1% lower to $1,925.54 per ounce by […]
Gold, silver prices rise in early trade; yellow metal selling at Rs 52,350
Gold prices rose Rs 380 on Saturday, with 10 grams of the yellow metal (24-carat) trading at Rs 57,110. Silver prices rose Rs 200 from yesterday’s close to Rs 72,100 per kg. The price of 22-carat gold rose Rs 350 from yesterday’s close to Rs 52,350 per 10 […]
Gold prices ease as dollar ticks up, but set for fifth weekly rise
By Seher Dareen (Reuters) – Gold prices edged lower on Friday as the dollar firmed, although hopes of slower rate hikes from the U.S. Federal Reserve kept bullion on track for its fifth straight weekly gain. Spot gold fell 0.3% to $1,926.06 per ounce by 10:22 a.m. […]