Last Updated:May 02, 2025, 17:41 IST Gold prices are expected to rise amid uncertainties around ongoing trade discussions, providing fresh upside momentum, according to experts. Though the gold price on Friday is lower by around Rs 7,000 than its peak price of over Rs 1 lakh, it is higher than the rate recorded in the
Gold prices surged to a fresh all-time high of $3,128.06 per ounce, marking the third consecutive session of record gains. The precious metal’s rally comes as mounting uncertainty over U.S. tariff policies rattles global markets, driving traders toward safe-haven assets. The latest boost was triggered by U.S. President Donald Trump’s announcement late Sunday, declaring that
Even as stock markets struggle to eke out gains, the asset that has delivered big returns is Gold. Not surprisingly, the buzz is all about gold. In all this excitement, Gold’s close cousin, Silver, is not getting much press. But the fact is that Silver is not falling behind in the race to become one
Gold Rates Today: India is the second-largest gold consumer across the globe, after China. Majority of the demand for gold in India is catered through imports, however, some of it is also catered via locally recycled bullion. Domestic gold prices are determined by multiple factors such as taxes, dollar yields, value of the US dollar,
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 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 And Silver Prices Today: Gold prices experienced a slight increase on Sunday. The cost of 24 carat gold is Rs.7236.9 per gm, up by Rs.635.0. The cost of 22 carat gold is Rs.6629.0 per gm, up by Rs.582.0.The price change in 24 carat gold in the last one week has been -1.31%, whereas in
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 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