Gold prices fall Rs 150 to Rs 51,350, silver falls to Rs 67,800 per kg
Gold prices fell Rs 160 in Tuesday’s early trade with ten grams of 24 carat gold trading at Rs 56,020, according to the GoodReturns website. Silver prices fell Rs 700, with 1 kg of silver selling at Rs 67,800. The price of ten grams of 22 carat gold […]
Gold gains as dollar rally cools, but rate-hike fears linger
(Reuters) – Gold prices ticked up on Monday on a pullback in the dollar, although worries around further interest rate hikes from the U.S. Federal Reserve kept bullion near a two-month low.FILE PHOTO: Ingots of 99.99 percent pure gold are placed in a workroom at Krastsvetmet precious metals plant in the Siberian city of Krasnoyarsk, […]
Gold’s Safe Haven Status Could Come Into Play in 2023
Q: What are the World Gold Council’s (WGC) expectations for gold prices in 2023? A: WGC provides investors with a very robust framework to think about gold in the macroeconomic context. We help investors understand how gold may react given certain microeconomic conditions. Our outlook, published at the beginning of December, focuses on three broad […]
The Best Investment I Have Ever Made Outside Gold & Silver
We’ve had quite a few requests to get an update on Mike’s favorite distributed ledger project, HBAR. So today, sit back and relax as you hear about some of the amazing things happening within the Hedera (HBAR) ecosystem. You may remember Mike first mentioning Hashgraph in Episode 8 of his series ‘Hidden Secrets of Money’. […]
PRECIOUS-Gold eases on worries over higher-for-longer rates
*Gold down 1% this week so far*U.S. Jan PCE data due at 1330 GMT*Fed rates seen peaking at 5.338% in July(Adds comments and details, updates prices)Feb 24 (Reuters) – Gold prices inched lower on Friday as investors fretted that a recent slate of stronger-than-expected economic data from the United States could make the Federal Reserve […]
GLOBAL MARKETS-Stocks limp toward biggest weekly fall of the year
*World shares in danger of biggest weekly fall of 2023*Dollar clings to 2-mth high; traders await U.S. PCE data*Nikkei rises as BOJ nominee says to maintain ultra-loose policy*Geopolitics in focus on first anniversary of Ukraine invasion*Graphic: World FX rates tmsnrt.rs/2egbfVh*LONDON, Feb 24 (Reuters) – World shares limped toward their biggest weekly fall of the year […]
Why the Great Gold & Silver Rush Will Take Your Breath Away
What will the next run in precious metals entail? How could it play out, according to the same metrics that can be used to measure what happened in the 1970s? Mike Maloney recently appeared on the Wealthion YouTube channel to discuss his new book, The Great Gold & Silver Rush of the 21st Century and […]
Gold prices unchanged, silver rises; yellow metal selling at Rs 56,730
Gold prices remained unchanged from yesterday’s close during Thursday’s early trade with ten grams of 24 carat gold trading at Rs 56,730, according to the GoodReturns website. Silver prices went up by Rs 300 to Rs 68,800 per kg. The price of ten grams of 22 carat gold also remained unchanged […]
WGC’s big game plan: Digitalisation of the entire global gold ecosystem
The digitalisation of the gold ecosystem and arriving at a standardised unit for gold in the digital space is one of the key agenda of the future of the World Gold Council (WGC). David Tait, WGC’s Chief Executive, elaborates on this agenda and shares its aim in an exclusive interview with businessline during his India […]
PRECIOUS-Gold tiptoes higher as investors focus on Fed minutes
*Fed minutes due at 1900 GMT*U.S. dollar index down 0.1%*U.S. 10-yr Treasury yields hit highest since November*Silver, platinum off one-week highs marked on Tuesday(Adds details, updates prices)Feb 22 (Reuters) – Gold prices rose marginally on Wednesday, as investors awaited minutes of the U.S. Federal Reserve’s latest policy meeting to assess prospects of further interest rate […]