[ad_1] Domestic gold futures experienced a minor dip on Wednesday (August 14). Investors are eyeing key US inflation figures that could influence interest rates in the coming months. Around noon on the Multi Commodity Exchange (MCX), gold futures were down by ₹110 at ₹70,589 per 10 grams. Despite the drop, gold prices are well-supported. “Gold […]
Gold prices near ₹70,000 per 10 grams in India: Will rates increase further – CNBC TV18
[ad_1] Gold prices were trading flat on Tuesday, August 13. On the Multi Commodity Exchange (MCX), 24 karat gold was available at ₹70,059 per 10 grams Despite the slight dip, gold has seen a gain of ₹800 per 10 grams in the last two days. Deveya Gaglani, Research Analyst – Commodities at Axis Securities, highlighted […]
Gold prices remain volatile amid global developments: What’s next for the yellow metal – CNBC TV18
[ad_1] Gold prices in India experienced another volatile day. The 24-carat gold fell by ₹440 on Wednesday, August 7. The price now stands at ₹69,270 per 10 grams. Globally too, gold prices edged lower. The strengthening of the US dollar and Treasury yields contributed to this decline. As of 0310 GMT, spot gold slipped 0.2% […]
Gold prices decline amid weak global cues: Should you buy now – CNBC TV18
[ad_1] Gold prices declined on Tuesday (August 6) by ₹98 to ₹69,211 per 10 grams in futures trade. Analysts attribute the drop in gold prices to weaker global indicators. In New York, gold prices remained flat at ₹2,444.50 per ounce. Broader financial market selling and a worsened risk-off sentiment are contributing to the current decline. […]
SGB Series I 2016-17 matures today: What you need to do to get 144% returns – CNBC TV18
[ad_1] The Reserve Bank of India (RBI) has announced the redemption price for the Sovereign Gold Bond (SGB) Series I of 2016-17, which matures on Monday, August 5, 2024. Investors can look forward to substantial returns from this investment, thanks to both the rise in gold prices and the interest payments over the bond’s tenure. […]
Gold prices hold steady amid economic uncertainty: Should you invest now – CNBC TV18
[ad_1] Gold prices remained stable on Monday, August 5, as profit-taking balanced against expectations of a US Federal Reserve rate cut. Concerns about a potential US recession also influenced market sentiment. Spot gold held at $2,443.44 per ounce as of 0335 GMT, after an earlier 1% drop. US gold futures rose 0.7% to $2,485.80, according […]
Why gold prices are rising despite recent Customs duty cut announcements – CNBC TV18
[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 […]
What makes gold ETFs a better investment than physical gold – CNBC TV18
[ad_1] In recent years, the investment landscape in India has evolved, with a shift towards financial assets. According to the Economic Survey 2024, around 20% of Indian households now invest their savings in financial markets. Despite this trend, traditional assets like physical gold continue to play a significant role in many portfolios. Chintan Haria, Principal […]
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 […]
Japanese stocks weigh on Asian indices; Yen extends gains – CNBC TV18
[ad_1] Japanese stocks dragged down Asian equities following gains on Wall Street as the Federal Reserve signaled it will soon cut interest rates. A gauge for equities in the region fell Thursday. Japanese shares declined on yen strength, slipping over 3% – led by real estate stocks. Equities in Australia and South Korea edged higher […]