Representative image With the ongoing festive season and Diwali around the corner, the prices of gold may be set to touch Rs 80,000/10 gram, believe analysts as the yellow metal has maintained its upward trajectory for the third consecutive year. With Diwali just three weeks away, we are entering a major festival season in India….
Spot gold tested a new lifetime high last week due to a combination of factors that have converged to propel the demand for the yellow metal. Multiple catalysts like US rate cut speculation, China’s economic stimulus, and renewed geopolitical tensions attributed to the rise in prices. Prices on the London spot market surged near to…
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…
Continuing to glitter in 2024 as well, gold price is likely to touch Rs 70,000 per 10 grams in the domestic market on the back of a stable rupee, geopolitical uncertainties and slowing global economic growth, according to experts. Currently, the yellow metal price is hovering at Rs 63,060 per 10 grams on the commodity…
