Gold prices dipped on Friday, March 21, as the US dollar strengthened. However, the Federal Reserve’s rate cut signals and rising safe-haven demand amid geopolitical and economic uncertainties kept bullion on track for a third straight weekly gain. Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now Fund Category Expense Ratio Axis Nifty 50
Gold prices surged to an all-time high in India and globally on Thursday (March 20), driven by expectations of US interest rate cuts and rising geopolitical tensions. 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% Axis Nifty
Gold prices edged higher on Monday (March 3) as a weaker dollar and escalating geopolitical tensions increased demand for the precious metal. The delay in a Ukraine-Russia peace deal and uncertainty around US tariff policies further fueled safe-haven buying. Spot gold climbed 0.3% to $2,866.76 per ounce by 0303 GMT. Meanwhile, US gold futures rose
Gold prices held steady near all-time highs on Tuesday (February 25), supported by safe-haven demand amid global economic uncertainties. In international markets, spot gold traded at $2,950.39 per ounce, just $6 shy of its all-time high of $2,956.15 per ounce. Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now Fund Category Expense Ratio Axis
Gold prices edged lower on Monday (February 24) as investors booked profits following last week’s record highs. Market participants are now awaiting key US inflation data to gauge the Federal Reserve’s next move on interest rates. Index Fund Corner Sponsored Scheme Name 1-Year Return Invest Now Fund Category Expense Ratio Axis Nifty 50 Index Fund
Gold has long been considered a store of wealth, and the gold price often makes its biggest gains during turbulent times as investors look for cover in this safe-haven asset. The 21st century has so far been heavily marked by episodes of economic and sociopolitical upheaval. Uncertainty has pushed the precious metal to record highs
Gold reached yet another record high at the end of last week, crossing US$2,500 per ounce for the first time. The yellow metal stayed above that key level until experiencing a pullback on Thursday (August 22), but breached US$2,500 again on Friday (August 23) morning. Gold is seeing support from quickly increasing confidence that the
In a Friday (August 23) speech at the Jackson Hole Economic Symposium, US Federal Reserve Chair Jerome Powell indicated that adjustments to the central bank’s benchmark rate are on the way. “The time has come for policy to adjust. The direction of travel is clear, and the timing and pace of rate cuts will depend
Gold prices hovered near a record high on Thursday, fueled by anticipation of a potential interest rate cut by the Federal Reserve in September. This follows recent developments that have bolstered expectations of monetary easing. During the Federal Reserve’s July 30-31 meeting, several officials considered the possibility of cutting interest rates, though the central bank
Peter Grandich of Peter Grandich & Co. shared his updated thoughts on the resource sector now that the year is more than halfway through, honing in on gold’s price drivers and path forward in 2024 and beyond. Notably, he sees much higher price levels for the yellow metal in the years to come. “I was