Both gold and silver prices recorded a dip on the Multi Commodity Exchange (MCX) on Wednesday, August 28, 2024. Gold futures, maturing on October 4, 2024, stood at Rs 71,900 per 10 grams on the MCX, after recording a dip of Rs 222 or 0.31 per cent. The previous close was recorded at Rs 72,122.
Gold Rate Today Live Updates: Gold prices traded higher on Friday as investors awaited US Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole Symposium for more cues on the scale of interest rate cut in September policy. MCX gold rate opened above ₹71,400 per 10 grams level, while Silver prices rose above ₹84,030
Gold prices dropped over 1% on Thursday, weighed down by a strengthening dollar and rising Treasury yields, as traders awaited Federal Reserve Chair Jerome Powell’s speech for further insights on potential rate cuts. As of 12:14 p.m. ET (1614 GMT), spot gold fell 1.2% to $2,483 per ounce, following a record high of $2,531.60 on
Gold prices dropped in a volatile trading session on Wednesday after data revealed that U.S. consumer prices rebounded as anticipated in July. This dampened expectations for a significant rate cut by the Federal Reserve next month. Spot gold declined by 0.4% to $2,455.91 per ounce by 1338 GMT, while U.S. gold futures fell 0.5% to
Gold rate today: Despite the renewed fear of the US recession, geopolitical tension in the Middle East, and the escalating US-China trade war, gold prices remained sideways throughout the week. On the Multi Commodity Exchange (MCX), the gold rate finished at ₹69,850 per 10 gm, logging a ₹58 per 10 gm rise against the previous
Gold and Silver rate today (Aug 5, 2024): Domestic precious metal futures on Monday edged higher amid weak US employment data that sent bond yields and the dollar tumbling. At the last count, MCX gold futures (Oct 4) were up Rs 403 or 0.58 per cent at Rs 70,192 per 10 gm. Meanwhile, MCX Silver futures (Sept 5) were up 0.74 per cent or Rs 607 at Rs