Gold prices swung between gains and losses on Wednesday, as concerns around inflation and higher interest rates rose after fresh US strikes on Iran lifted oil and the dollar ahead of the release of the Federal Reserve’s June meeting minutes. Spot gold rose 0.5% to $4,125.59 per ounce by 0305 GMT, after dropping to its…
Silver premiums over official domestic prices surged to $6.5 per ounce this week, or more than 10% above benchmark prices, compared with discounts of as much as $5.5 an ounce in May, dealers said. | Photo Credit: istock.com India’s restrictions on silver imports have created shortages in the world’s biggest market for the precious metal,…
Gold prices fell in the overseas trade as investors remained cautious ahead of the release of the US Federal Reserve’s June meeting minutes. Gold futures slumped by ₹2,308 to ₹1.43 lakh per 10 grams on Wednesday, tracking losses in global markets as a rally in crude oil rates dented the appeal of the precious metal…
US gold futures for August delivery shed 1.97% to $4,074.80/oz. Gold prices fell more than 1 per cent on Wednesday after US President Donald Trump said an interim peace deal with Iran was “over”, sending oil prices higher and stoking fears of inflation and higher US interest rates. Spot gold fell 1.02 per cent to…
Globally, gold futures rose by 0.42 per cent to $4,123.61 per ounce in New York. | Photo Credit: istock.com Gold prices on Wednesday dropped by ₹481 to ₹1,44,911 per 10 grams in futures trade amid a fall in spot demand. On the Multi Commodity Exchange, yellow metal contracts for August delivery traded lower by ₹481,…
Silver prices on Wednesday fell by ₹1,062 to ₹2,29,795 per kilogram in futures trade as participants reduced their bets. On the Multi Commodity Exchange, silver contracts for September delivery declined by ₹1,062, or 0.46 per cent, to ₹2,29,795 per kg in a business turnover of 846 lots. Analysts said a sell-off by participants mainly weighed…
Gold prices on Tuesday dropped by ₹1,417 to ₹1,45,500 per 10 grams in futures trade amid a fall in spot demand. On the Multi Commodity Exchange, yellow metal contracts for August delivery traded lower by ₹1,417, or 0.96 per cent, at ₹1,45,500 per 10 grams in a business turnover of 848 lots. Analysts attributed the…
Silver prices on Tuesday fell by ₹3,648 to ₹2,32,451 per kilogram in futures trade as participants reduced their bets. On the Multi Commodity Exchange, silver contracts for September delivery declined by ₹3,648, or 1.55 per cent, to ₹2,32,451 per kg in a business turnover of 1,587 lots. Analysts said a sell-off by participants mainly weighed…
Gold prices up in India | Photo Credit: K K Mustafah Gold prices in India fell today across all cities. The price for 8 grams of 24-carat gold also decreased in all cities compared to yesterday. Below is a detailed breakdown of gold prices in key cities. Gold rates in India: Gold prices in India…
Gold prices retreated from two-week highs on Monday, pressured by a firmer U.S. dollar, though losses were limited as signs of a cooling U.S. labour market eased expectations of a Federal Reserve rate hike. Spot gold was down 0.3% at $4,163.64 per ounce by 2:45 p.m ET (1845 GMT) after hitting its highest since June…
