December 22, 2024
Gold Investing

Gold prices rise amid US Fed rate cut speculation: What should investors do

Gold prices surged by ₹331 to ₹72,108 per 10 grams in Monday’s trading session as fresh positions were built by speculators amid strong demand in the spot market. On the Multi Commodity Exchange (MCX), October gold contracts saw a 0.46% rise. This reflects growing interest in the precious metal, with a turnover of 16,860 lots.

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Gold Investing

Gold prices fall in India ahead of US inflation data announcement: Should you buy now

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

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Gold Investing

Gold prices hold steady amid economic uncertainty: Should you invest now

Gold prices remained stable on Monday, August 5, as profit-taking balanced against expectations of a US Federal Reserve rate cut. Concerns about a potential US recession also influenced market sentiment. Spot gold held at $2,443.44 per ounce as of 0335 GMT, after an earlier 1% drop. US gold futures rose 0.7% to $2,485.80, according to

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