Gold prices hit new record high, continue to gain for third week straight; silver surges by 1.4%

Gold prices hit new record high, continue to gain for third week straight; silver surges by 1.4%

Gold prices surged to achieve a fresh all-time high on Friday, propelled by various factors such as expectations of a U.S. interest rate cut, speculative purchasing, and central bank acquisitions, sustaining the ongoing upward momentum of bullion despite robust job growth in the United States during March. As of 10:57 a.m. EDT (1456 GMT), spot … Read more

Gold Prices Today: Yellow metal extends gains as investors await US inflation data, silver up 0.6%

Gold Prices Today: Yellow metal extends gains as investors await US inflation data, silver up 0.6%

Gold Prices Today: Gold prices extended gains on Wednesday, March 27, as investors awaited US inflation data that will throw further light on the US Federal Reserve’s policy path after the central bank kept interest rates unchanged for the fifth straight meeting this month. According to commodity market experts, gold prices have retraced from recent … Read more

Gold and silver prices Today on 23-03-2024: Check latest rates in your city

Gold and silver prices Today on 23-03-2024: Check latest rates in your city

Gold And Silver Prices Today: Gold prices saw a slight decrease on Saturday.The cost of 24 carat gold is Rs.6739.5 per gm down by Rs.590.0.The cost of 22 carat gold is Rs.6173.4 per gm down by Rs.540.0. The price change in 24 carat gold in the last one week has been -1.45% .whereas in the … Read more

Gold rate today hits new peak of ₹66,778 after US Fed meeting. Should you buy in current gold price rally?

Gold rate today: On account of three US Fed rate cut buzz in 2024, gold price extended its Wednesday evening rally on Thursday morning deals. Gold futures contract on the Multi Commodity Exchange (MCX) for the April 2024 expiry opened higher at ₹66,100 per 10 gm and went on touch an intraday high of ₹66,778 … Read more

‘Gold price may touch $2300 level by end of September 2024’

'Gold price may touch $2300 level by end of September 2024'

Amid correction in the bullion metal prices, after hotter-than-expected US inflation and PPI print, the stock market and decentralized digital currency market have also fallen under the bears’ grip. Anuj Gupta, Head — Commodity & Currency at HDFC Securities talks to Asit Manohar of Mint and unveils triggers that may lend support to the falling … Read more