Gold prices returned above $3,300 per troy ounce as investors capitalised on reduced prices. (AI image) Gold rate today: MCX Gold June futures contracts increased by Rs 208 or 0.22%, starting at Rs 96,120/10 grams on Friday following a decline from peak levels earlier in the week. Silver May futures contracts started flat at Rs…
Gold prices returned above $3,300 per troy ounce as investors capitalised on reduced prices. (AI image) Gold rate today: MCX Gold June futures contracts increased by Rs 208 or 0.22%, starting at Rs 96,120/10 grams on Friday following a decline from peak levels earlier in the week. Silver May futures contracts started flat at Rs…
Gold had crossed the Rs 1 lakh mark this week. (AI image) Gold rate today: Gold June futures at MCX experienced profit booking on Wednesday after reaching a record high of Rs 99,358, opening lower by Rs 1,883 or 1.45% at Rs 95,457/10 grams. Market participants secured profits at elevated gold prices. Gold had crossed…
Gold blazed past the $3,200 mark on Friday, as a faltering dollar and an escalating U.S.-China trade war stirred recession fears, sending investors flocking to the safety of the yellow metal. Spot gold was up nearly 2% at $3,235.89 an ounce at 2:32 p.m. ET (1832 GMT), after hitting a record high of $3,245.28 earlier…
Market analysts linked the decrease in gold prices to unfavourable global market conditions. (AI image) Gold prices declined on Monday, reaching their lowest point in over three weeks, as part of a broader market downturn. Investors sold gold holdings to offset losses in other investments, driven by concerns of a potential global recession due to…
Anuj Gupta of HDFC securities attributed the record-high gold prices to persistent optimism over U.S. interest rate cuts. (AI image) Gold rate today: Gold October futures contracts at MCX reached a new all-time high of Rs 76,000 per 10 grams on Wednesday. Over the past week, gold prices have risen by Rs 2,900 per 10…
Gold rate today: Gold prices reached a new all-time high on Thursday, influenced by global commodity prices. US Fed Chair Jerome Powell‘s statement, indicating that recent job numbers and higher-than-expected inflation wouldn’t change the central bank’s monetary strategy much, boosted investor confidence in gold, sparking increased buying activity.According to ET, June Gold futures on MCX…
