Gold at over eight-month high on slower US Fed rate-hike prospects
By Seher Dareen(Reuters) – Gold prices scaled over an eight-month peak on Friday, holding above the key pivot of $1,900 per ounce, as cooling U.S. inflation raised hopes for slower interest rate hikes from the Federal Reserve.Spot gold rose 0.3 % to $1,902.64 per ounce by 9:33 a.m. ET (1433 […]
Gold prices rise, silver unchanged; yellow metal trading at Rs 55,960
The price of gold rose by Rs 210 on Friday, with 10 grams of the yellow metal (24-carat) trading at Rs 55,960. Silver prices, on the other hand, remained unchanged from yesterday’s close. The precious metal was selling at Rs 72,000 per kg. The price of 22-carat gold […]
Gold, silver prices rise in early trading; gold selling at Rs 50,350
The price of gold rose by Rs 330, with ten grams of the yellow metal (24-carat) trading at Rs 54,930. Silver prices, on the other hand, rose by Rs 1000 from yesterday’s close, and the precious metal is selling at Rs 71,300 per kg. The price of 22-carat […]
Oil falls but poised for biggest weekly gain since early Oct on China hopes
Oil fell on Friday as the market assessed the aftermath of interest rates hikes at central banks, but was poised for the biggest weekly gains in 10 weeks amid supply disruption concerns and hopes for a recovery of demand in China. Brent crude futures fell $1.80, or 2.2%, […]