Gold prices dropped on Friday (June 20) and were on track for their first weekly decline in three weeks. This development came as stronger dollar and reduced expectations of US interest rate cuts outweighed safe-haven demand from escalating geopolitical tensions. Spot gold fell 0.5% to $3,355.49 an ounce, down 2.2% for the week. US gold
Gold prices in India have soared to record levels, surpassing ₹1 lakh per 10 grams with a 28% rise in just one year. This surge is driven by escalating geopolitical tensions in the Middle East, inflation worries, and central bank purchases but these very factors also make this a risky time to buy. Search trends,
Gold prices in India slipped on Monday (June 9), mirroring a global decline driven by easing fears around US-China trade tensions and strong US economic data. In India, 24-karat gold was priced at ₹97,690 per 10 grams, while 22-karat gold stood at ₹89,550. The price of 18-karat gold was ₹73,270 an ounce, according to GoodReturns
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 prices surged on Monday (May 19), recovering sharply after last week’s steep decline. On the Multi Commodity Exchange (MCX), gold for June delivery jumped ₹918 or 0.99% to ₹93,260 per 10 grams. The uptrend was driven by fresh buying and firm spot demand. Globally, gold futures rose 0.80% to $3,229.30 per ounce on COMEX,
Gold prices fell on Friday, May 16, and are set for their worst weekly performance since November 2024. The precious metal lost its shine as the US dollar strengthened and global trade tensions eased. Spot gold dropped 0.8% to $3,213.56 per ounce as of 0429 GMT. For the week, it is down 3.3%. US gold
Gold prices have witnessed a sharp correction recently, dropping from a record high of ₹1,01,530 per 10 gm on April 22 to ₹96,530 by May 3—a decline of ₹5,000, or approximately 5%, in the past 10 days. On Wednesday, gold prices were hovering around ₹99,840 per 10 gm in Ahmedabad. On the Multi Commodity Exchange
Gold prices have experienced a rise globally on May 2, 2025, after hitting a two-week low the previous day. Investors are buying gold, seeking a safe haven amidst ongoing market uncertainties. This price increase comes just ahead of the US non-farm payrolls report, which is expected to provide further clues about the Federal Reserve’s policy
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