mcx gold – Mr Jatt

Gold price today: MCX Gold trades lacklustre; why are gold prices falling? Will it remain under pressure in short term?

May 24, 2024 by djsaavn_jvd36z

The minutes showed Fed officials are convinced it would take longer than previously expected to gain confidence that inflation was moving sustainably towards the Fed’s target of 2 per cent. Also Read: US Federal Reserve minutes show officials rally around higher-for-longer rates MCX Gold traded lacklustre in the morning on Friday, May 24, tracking weak … Read more

Gold’s future hinges on Fed rate cuts and dollar weakening, says Emkay report

May 21, 2024 by djsaavn_jvd36z

Gold will be able to sustain at higher levels only if the US Federal Reserve cuts rates and the US dollar starts declining against currency majors, said brokerage house Emkay in a recent note. “Gold prices moved up from the $2,050 base, where it was hovering around for a long time, to a new range … Read more

Gold rate today: Yellow metal prices steady amid geopolitical risks; higher US Treasury yields weigh

April 17, 2024 by djsaavn_jvd36z

Gold prices were steady on Wednesday led by safe-haven demand amid the Middle East conflict partially offseting pressure from higher US Treasury yields. Spot gold price was at $2,383.29 per ounce, while US gold futures fell 0.3% to $2,399.60 per ounce. Spot silver rose 0.3% to $28.17 per ounce. MCX gold rate ended marginally lower … Read more

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

March 28, 2024 by djsaavn_jvd36z

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