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
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
Gold prices have been on the rise recently, and many investors are wondering if now is the right time to invest in the precious metal. On Tuesday, the October futures contracts for gold on the Multi Commodity Exchange (MCX) opened flat at Rs 70,679 per 10 grams, marking a slight decrease of 0.08% or Rs
The price of gold was trading at $2,443.74 per ounce as of 9 a.m. Eastern time today. That’s a +0.54% change from yesterday and an over +21.95% from a year ago. Gold price per ounce % Change Price of gold yesterday $2,430.44 +0.54% Price of gold 1 month ago $2,401.33 +1.74% Price of gold 1
(Bloomberg) — Barrick Gold Corp., the world’s No. 2 bullion producer, is looking for investment opportunities in Canada as prices for the precious metal push higher. Most Read from Bloomberg Chief Executive Officer Mark Bristow said he’s cautious about embarking on major deals but is keeping an eye out for opportunities in the company’s home
By Kavya Balaraman and Anjana Anil (Reuters) – Gold prices gained on Wednesday, as investors awaited a key U.S. inflation data later this week, which could provide more clues on the Federal Reserve’s policy path. Spot gold was up 0.5% at $2,189.89 per ounce as of 1:50 p.m. EDT (1750 GMT). U.S. gold futures settled
The price of gold was trading at $2,429.45 per ounce as of 9 a.m. Eastern time today. That’s a +0.81% change from the same time yesterday and a +27.05% change from a year ago. Gold price per ounce % Change Price of gold yesterday $2,409.90 +0.81% Price of gold 1 month ago $2,363.92 +2.77% Price
The price of gold was trading at $2,405.51 per ounce as of 9 a.m. Eastern time today. That’s a +0.2% change from the same time yesterday and a +25.64% increase from one year ago. Gold price per ounce % Change Price of gold yesterday $2,400.77 +0.2% Price of gold 1 month ago $2,374.91 +1.29% Price
The price of gold was trading at $2,402.93 per ounce as of 9 a.m. Eastern time today. That’s a +0.3% change from yesterday and an over +19.89% from a year ago. Gold price per ounce % Change Price of gold yesterday $2,395.77 +0.3% Price of gold 1 month ago $2,385.27 +0.73% Price of gold 1
Sovereign Gold Bond (SGB) investors, especially the ones whose investment matured on August 5, were disappointed with the Budget 2024 proposal on customs duty. Just after the government announced a customs duty cut on gold from 15% to 6%, the price of gold fell. The decline in the price of gold following the budget announcement