Domestic gold futures experienced a minor dip on Wednesday (August 14). Investors are eyeing key US inflation figures that could influence interest rates in the coming months. Around noon on the Multi Commodity Exchange (MCX), gold futures were down by ₹110 at ₹70,589 per 10 grams. Despite the drop, gold prices are well-supported. “Gold remains
Gold Gold remains stuck in a 4 month sideways channel which makes trade identification difficult. With the release of the inflation number, anything could happen today. We are holding the 1 month upper trend line which joins the July & August peaks at 2473/75, with a high for the day exactly here yesterday. Gold is
Investing.com– Gold prices fell slightly in Asian trade on Wednesday, but remained in sight of a record high as traders positioned for signs of easing consumer inflation after a soft reading on producer inflation. The dollar came close to eight-month lows after a soft inflation reading on Tuesday, benefiting most metal prices. But further gains
Gold price trades with modest losses for the second straight day amid a positive risk tone. Geopolitical risks, bets for bigger Fed rate cuts and subdued USD demand to lend support. Traders might also prefer to wait for the release of the crucial US consumer inflation data. Gold price (XAU/USD) attracts fresh sellers following an
Stephen J. Goodman, the former director of Lion & Gold Corp. (OTCMKTS:LCGMF), has sold a significant portion of his holdings in the company. On two separate occasions, Goodman disposed of a total of 1,277,000 common shares at a uniform price of $0.052 per share, amounting to an aggregate sale value of over $66,404. The transactions
Gold price posts modest gains around $2,465 in Wednesday’s early Asian session. The escalating tensions in the Middle East increase safe-haven demand, benefiting Gold. The US July Consumer Price Index report will be the highlight on Wednesday. Gold price (XAU/USD) trades with mild gains near $2,465 during the early Asian session on Wednesday. The upside of the yellow
In the Second Quarter 2024 Results Conference Call, i-80 Gold Corp (ticker: IAU) reported a net loss of $36.8 million. Despite the loss, the company emphasized ongoing investments in exploration and pre-development, with $5.1 million spent in the quarter and a total of $7.9 million in 2024. Production figures for the quarter included 1,636 ounces
Right before Sha’Carri Richardson crossed the finish line in the women’s 4X100 relay at the 2024 Olympic Games in Paris, she gazed over to her right to make sure she was in first place. She was. With Richardson running the final leg, Team USA won the gold medal for the third time in the last
Making these strategic moves could benefit you as the price of gold continues its upward trajectory. Getty Images/iStockphoto The price of gold has been on a remarkable upward trajectory in recent months, shattering numerous price records and attracting the attention of investors across the globe. The trend started early in the year, with gold hitting
Amber Rutter says she is owed an apology from shooting’s international governing body after she missed out on an Olympic gold medal in Paris. Rutter had to settle for silver in the women’s skeet final on 4 August after she was judged to have missed a shot in the sudden-death shootout, even though television replays appeared to