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