Gold prices hovered close to a two-week high on Tuesday, May 27, supported by a softer dollar and concerns over the US fiscal outlook. The market showed limited movement as investors awaited key US economic data later this week for clarity on the Federal Reserve’s interest rate path. Global trends Spot gold was little changed
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 vs Gold ETFs: Gold prices have been skyrocketing since the start of 2025. The precious metal has risen over 11.35 per cent so far this year. After rising for over two weeks straight, gold prices are finally hitting the downward rally on Wednesday. On March 5, the MCX gold rate opened lower at ₹85,931
Gold Rate Today Live Updates: Gold prices traded higher on Friday as investors awaited US Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole Symposium for more cues on the scale of interest rate cut in September policy. MCX gold rate opened above ₹71,400 per 10 grams level, while Silver prices rose above ₹84,030