[ad_1] Gold prices on Tuesday (August 27) marginally declined to ₹72,037 per 10 grams in futures on the Multi Commodity Exchange (MCX). The dip in prices follows weak global cues, with gold contracts for October delivery trading in a business turnover of 16,936 lots. Globally, gold prices fell by 0.20% to $2,550 per ounce in […]
Premature withdrawal window for these SGBs to open soon: Should you make early redemptions – CNBC TV18
[ad_1] The Reserve Bank of India (RBI) has announced the premature redemption calendar for Sovereign Gold Bonds (SGBs) from October 2024 to March 2025. With no new SGB tranches expected soon, investors must consider whether to redeem their bonds early. Here’s a comprehensive look at the current situation and expert opinions RBI’s redemption calendar According […]
Gold prices rise amid US Fed rate cut speculation: What should investors do – CNBC TV18
[ad_1] Gold prices surged by ₹331 to ₹72,108 per 10 grams in Monday’s trading session as fresh positions were built by speculators amid strong demand in the spot market. On the Multi Commodity Exchange (MCX), October gold contracts saw a 0.46% rise. This reflects growing interest in the precious metal, with a turnover of 16,860 […]
Gold prices dip below ₹74,000 per 10 grams in India: Should you buy now? – CNBC TV18
[ad_1] Gold prices declined by ₹350 to ₹73,800 per 10 grams in the national capital on Friday (August 23), according to the All India Sarafa Association. This drop follows the previous session’s trading price of ₹74,150 per 10 grams for gold of 99.9% purity. The recent decline in gold prices is attributed to rising US […]
Should you invest in gold amid recent price fluctuations – CNBC TV18
[ad_1] Gold prices have cooled from recent record highs as investors anticipate the Federal Reserve’s next move. On Wednesday (August 21), spot gold traded slightly higher at $2,517.08 per ounce, following an all-time peak of $2,531.60 on Tuesday. US gold futures also saw a modest increase, rising 0.2% to $2,554.90, according to news agency Reuters. […]
Gold prices near all-time high on Fed rate-cut optimism: Should you buy, sell or hold – CNBC TV18
[ad_1] Gold prices dipped slightly on Monday (August 19). It was seen hovering near the key $2,500 mark, as traders booked profits after the metal surged to an all-time high on Friday (August 16). The recent rally was driven by expectations of a US Federal Reserve interest rate cut in September. As of 0317 GMT, […]
Gold prices surge amid weak dollar and rising US Fed rate cut expectations: Should you buy – CNBC TV18
[ad_1] Gold prices in India increased on Saturday (August 17). The surge comes amid a weakened US dollar and growing expectations of an interest rate cut by the Federal Reserve in its September meeting. Additionally, escalating tensions in the Middle East have supported demand for the precious metal. The price of 24-carat gold prices climbed […]
Demand for gold loans soars in India amid rising gold prices – CNBC TV18
[ad_1] Gold loan companies are benefiting from the recent surge in gold prices as a growing number of Indians are opting for gold loans. According to a CRISIL Ratings report, the demand for gold loans in June rose by 20% compared to May 2024. The report indicates that growth trends are visible, with June seeing […]
Why sovereign gold bonds are gaining popularity despite no new issues – CNBC TV18
[ad_1] Sovereign Gold Bonds (SGBs) are trading at a premium over their reference price on exchanges, driven by their tax advantages and attractive coupon rates. With speculation about fewer or no new issuances in the future, listed SGBs have gained even more popularity among investors. By August 14, 2024, the closing prices of the top […]
Gold prices steady amid US rate cut speculation: What investors should know – CNBC TV18
[ad_1] Gold prices held steady on Friday (August 16), with a weekly gain driven by optimism over a potential US interest rate cut. Traders are closely watching Federal Reserve Chairman Jerome Powell’s speech next week for clues on the size of the cut. Spot gold remained nearly unchanged at $2,457.14 per ounce by 0747 GMT […]