Gold price outlook: The current circumstances appear to be ideal for gold, and overlooking its appeal could be a costly mistake for investors seeking to safeguard their wealth.Central banks in emerging markets are accumulating gold reserves as tensions persist in West Asia, enhancing the metal’s status as a reliable store of value. Additionally, the near…
Gold has been a cherished asset for Indian households, consistently delivering impressive returns compared to other investment options. Even as gold prices touch new highs this year, one wonders when the yellow metal will hit levels of Rs 1 lakh, or even Rs 2 lakh? What does historical data on the movement of gold suggest…
Gold rate today: Gold prices have dropped by Rs 2,900 over 10 days. The current price is Rs 71,065 per 10 grams, down from a record high of Rs 73,958. This decline has happened because investors have become less worried about geopolitical tensions in the Middle East.As per an ET report by Nishtha Awasthi, MCX…
Gold rate today: Gold prices on the Multi Commodity Exchange (MCX) experienced an uptick, climbing by Rs 102 or 0.14% to reach Rs 72,785 per 10 grams. Similarly, silver prices saw an increase, with MCX May silver contracts rising by Rs 112 or 0.13% to Rs 83,385 per kilogram. These price movements occurred on Friday…
Gold rate today: Gold prices surged in today’s trading session, surpassing the Rs 72,000 per 10 grams mark, while silver reached Rs 84,000 per kilogram for the first time ever. These milestones were achieved despite a stronger dollar index, which rose above 105, marking a 1% increase over the past five trading days.According to ET,…
Gold rate today: Gold prices reached a new all-time high of Rs 71,150 per 10 grams on the MCX on Tuesday, following international price trends. By 10 AM, June gold futures were trading at Rs 71,130, up by Rs 218 or 0.31% from Monday’s close.According to ET, simultaneously, the May silver contract experienced a slight…
Gold rate today: Gold and silver prices reached all-time highs on Monday’s opening trade. Gold contracts on MCX surged to Rs 71,080 per 10 grams, a jump of Rs 440 or 0.62%. Meanwhile, silver futures hit a new peak of Rs 82,064, trading at Rs 81,939, up by Rs 1,076 or 1.33%, by 10:10 AM.According…
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…
Gold prices surged by Rs 1,070 to hit an all-time high of Rs 68,420 per 10 grams in the national capital on Monday amid a rally in the precious metal in global markets, according to HDFC Securities. The precious metal had closed at Rs 67,350 per 10 grams in the previous trade. Silver prices also…
