[ad_1] Gold prices have been trending upwards again, even after the government’s decision on July 23 to cut Customs duties on gold, silver, and platinum. The initial drop following the announcement was short-lived, as various factors have driven prices back up. On Friday (August 2), gold futures on the Multi Commodity Exchange (MCX) saw a […]
Gold shines bright amid US Fed speculations and global crisis: Time to cash in? – CNBC TV18
[ad_1] Global gold prices reached a two-week high on Thursday, August 1, as US Federal Reserve Chair Jerome Powell hinted at the possibility of cutting interest rates as early as September. This development has influenced gold’s trajectory in domestic markets too. As of 0650 GMT, spot gold was trading at $2,445.39 per ounce, having earlier […]
Gold premiums rise to decade-high in India: What’s next for the yellow metal – CNBC TV18
[ad_1] Gold prices in India are available at a premium of ₹3,000 per 10 grams over international prices, the highest in a decade. On Monday (July 29), gold prices in India were close to ₹70,000 per 10 grams. The premium is the extra cost above the international gold price that buyers in India have to […]
Gold prices below ₹70,000 per 10 grams, silver near ₹84,000 per kg: Should you consider buying now – CNBC TV18
[ad_1] The price of 24-carat gold slipped by ₹10 in early trade on Friday (July 26), with ten grams selling at ₹69,810, according to the GoodReturns website. Silver also dropped by ₹100 to sell at ₹84,400 per kilogram. This downward trend in gold and silver prices has raised questions about whether now is the right […]
Gold prices witness dip in India on Budget day – CNBC TV18
[ad_1] Gold prices in India experienced a slight dip on the Multi Commodity Exchange (MCX) on Tuesday, July 23, 2024. Gold futures set to mature on August 5, 2024, were trading at ₹72,621 per 10 grams, reflecting a decline of ₹97 or 0.13% from the previous close of ₹72,718. In the global market, gold prices […]
Gold prices increase amid US political changes — What to expect next – CNBC TV18
[ad_1] Gold prices firmed on Monday (July 22) as the dollar eased following US President Joe Biden’s announcement to withdraw from the 2024 presidential race. Investors turned to bullion as a safe haven amidst an uncertain political and market outlook. Global gold prices rise Spot gold saw a 0.2% increase, reaching $2,405.40 per ounce as […]