In the international market, gold futures for December delivery climbed more than 2 per cent to hit a lifetime high of $4,096.06 per ounce on Monday. | Photo Credit: iStockphoto Gold prices on Monday surged by ₹2,613 to hit a fresh peak of ₹1,23,977 per 10 grams in the domestic futures trade, buoyed by renewed…
Gold price today, October 11 | Photo Credit: RAO GN Gold prices in India have seen an upward trend today, October 11, with a notable increase across all major cities. The price of both 22-carat and 24-carat gold has risen compared to yesterday’s rates. This report provides a detailed, city-by-city breakdown of today’s gold prices….
Gold prices are expected to remain volatile in the coming week as traders weigh domestic festive demand and physical market premiums to key macroeconomic data release and political developments in the US, analysts said. Investors will also closely monitor commentaries by Federal Reserve officials, including Chair Jerome Powell, on Tuesday, which will provide more cues…
Silver reached $51.235 an ounce on Thursday — the highest in more than four decades — before paring gains. Gold retreated further below $4,000 an ounce on signs a breakneck rally that took it to a record high may have been overdone, while silver rose to near the highest since 1980. Bullion traded near $3,963…
FILE PHOTO: An employee displays silver bars at the GSA Austria ( Money Service Austria ) company’s headquarters in Vienna July 22, 2013. REUTERS/Leonhard Foeger/File Photo | Photo Credit: Leonhard Foeger A shortage of silver, which soared to a record $51.30 an ounce on Thursday, across the world has pushed up the premium for the…
Gold price today, October 10: Gold rates drop in Delhi, Mumbai, Chennai, Kolkata, Ahmedabad and Bengaluru | Photo Credit: Reuters Gold prices in India have seen a downward trend today, October 10, with a notable decrease across all major cities. The price of both 22-carat and 24-carat gold have dropped compared to yesterday’s rates. This…
Investors should view any sharp correction in gold prices as an opportunity to accumulate, according to the latest report by Jefferies. The report highlighted that gold has witnessed a remarkable rally, rising 53.9 per cent year to date, following a 27.2 per cent gain last year. Meanwhile, the unhedged gold-mining index has also surged, up…
http://www.gunaymutlu.com/iStock/financial-images-360.jpg | Photo Credit: brightstars Gold prices climbed ₹527 to ₹1,21,020 per 10 grams in the domestic futures trade on Friday as speculators created fresh positions following a firm trend in the international markets. On the Multi Commodity Exchange (MCX), the yellow metal futures for December delivery appreciated by ₹527, or 0.44 per cent, to…
Indians will celebrate Dhanteras and Diwali this month, festivals during which buying gold is considered auspicious and which are the busiest bullion-buying days in the country. | Photo Credit: ARUN SHARMA Physical gold demand in India held firm this week despite a record-breaking price rally, as jewellers and investors snapped up bullion ahead of key…
Gold is now soaring together with stocks and bitcoin, as investors bet heavily on US rate cuts and concern grows about the dollar’s role as the world’s top reserve currency | Photo Credit: REUTERS/ARKO DATTA Highlights Gold is ‘hedge everything’ trade for investors Thrives when investors fret over inflation, economic slowdown Spillover from stocks to…
