Gold prices steadied on Wednesday (May 28) as global investors bought the dip after a sharp fall, but gains were capped by easing trade tensions between the US and EU. The market is now keenly awaiting the upcoming US Core Personal Consumption Expenditures (PCE) inflation data, a key gauge for future Federal Reserve rate decisions.
Gold is heading for its strongest weekly gain in over a month, buoyed by mounting concerns about the US fiscal outlook. Investors are turning to the metal as a hedge, following the passage of a massive tax and spending bill in the US House and signs of soft demand in bond auctions. These developments have
Gold prices on Thursday (May 15) hit their lowest level in over five weeks, as easing geopolitical tensions and a shift toward riskier assets weakened the appeal of the safe-haven metal. The focus now shifts to upcoming US economic data, which could further influence the Federal Reserve’s monetary policy outlook. As of 0303 GMT, spot
Gold prices slipped on Monday, May 12, as optimism surrounding the US-China trade talks eased market fears, pushing investors away from safe-haven assets like gold toward riskier investments. Spot gold fell 1.4% to $3,277.68 per ounce, while US gold futures lost 1.9%, trading at $3,281.40 per ounce. In India, the price of gold stands at
Gold prices held firm on Friday (April 25), poised for a third consecutive weekly gain, as investors maintained a bullish stance amid global economic and geopolitical uncertainties. Spot gold was steady at $3,348 an ounce at 0250 GMT. US gold futures rose 0.3% to $3,359 an ounce. The metal hit a record high of $3,500.05
Gold prices jumped sharply on Thursday, April 24, rebounding over 1% after hitting a one-week low in the previous session. The surge was driven by bargain buying and renewed geopolitical concerns. Spot gold rose 1.5% to $3,335.39 an ounce early in the day. US gold futures mirrored the gains, trading at $3,344 an ounce. In
Gold has been on an absolute tear in 2025, making all-time highs on 20 occasions this year. While there have been brief corrections, they have been small and short-lived. Gold has traded in a range of $40 per ounce on quieter days to $120 an ounce on volatile days, especially since the introduction of reciprocal
Gold prices surged to a fresh all-time high of $3,128.06 per ounce, marking the third consecutive session of record gains. The precious metal’s rally comes as mounting uncertainty over U.S. tariff policies rattles global markets, driving traders toward safe-haven assets. The latest boost was triggered by U.S. President Donald Trump’s announcement late Sunday, declaring that
Gold prices surged to an all-time high on Monday (March 31), surpassing $3,100 per ounce. Investors flocked to the safe-haven asset as fears of a global trade war escalated. Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now Fund Category Expense Ratio Axis Nifty 50 Index Fund +32.80% Invest Now Equity: Large Cap 0.12%
Gold prices edged lower on Monday (March 24) as a stronger US dollar made the metal more expensive for overseas buyers. However, the outlook remains bullish due to geopolitical tensions, economic uncertainties, and expectations of US interest rate cuts. Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now Fund Category Expense Ratio Axis Nifty