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global gold prices

Commodities Update: Gold futures slip on low demand

Commodities Update: Gold futures slip on low demand

Thu, Jun 27, 2024

On the Multi Commodity Exchange, gold contracts for August delivery traded lower Rs 97 or 0.14 per cent at Rs 70,992 per 10 grams in a business turnover of 14,419 lots.

Gold rate today, March 23: Yellow metal futures top Rs 59,000 as Fed rate hike sends US shares tumbling

Gold rate today, March 23: Yellow metal futures top Rs 59,000 as Fed rate hike sends US shares tumbling

Thu, Mar 23, 2023

Gold rate today: On Multi Commodity Exchange (MCX), as of 9:20 am, Gold April futures quoted at Rs 59,225 per 10 grams, flat by Rs 469 or 0.8 per cent.

Could Federal Reserve rate action jolt gold price today? Here's what experts suggest

Could Federal Reserve rate action jolt gold price today? Here's what experts suggest

Wed, Mar 22, 2023

The rally in gold — with the international benchmark rate up almost seven per cent so far in 2023 — has been backed by turmoil in banking shares thanks to fresh problems at Credit Suisse, the sudden collapse of Silicon Valley Bank (SVB) and weakness in the rupee against the US dollar.

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Gold prices hit over six-year peak as US-China trade war jitters spark safe-haven rush

Gold prices hit over six-year peak as US-China trade war jitters spark safe-haven rush

Wed, Aug 07, 2019

The world`s two-largest economies are locked in a bitter trade tussle that rapidly escalated late last week when U.S. President Donald Trump said he would impose additional tariffs on Chinese goods.

Gold prices slip to two-week low as US Fed dashes hopes of more rate cuts

Gold prices slip to two-week low as US Fed dashes hopes of more rate cuts

Thu, Aug 01, 2019

Gold Prices: In the wake of Powell`s comments, the dollar rose 0.3% to a two-year high on Thursday, making gold more expensive for holders of other currencies.

Gold rebounds as dollar dips ahead of US jobs data report

Gold rebounds as dollar dips ahead of US jobs data report

Fri, Mar 08, 2019

The dollar index was down 0.3 percent, having hit a near three-month peak in the previous session after the ECB postponed an interest rate hike until 2020, making gold cheaper for holders of other currencies.

Gold extends losses on weak global cues, muted demand

Gold extends losses on weak global cues, muted demand

Sat, Jan 12, 2019

Globally, gold ended lower at USD 1,287.80 an ounce and silver rose to USD 15.67 an ounce in New York.

Gold prices rise by Rs 170, silver inches up

Gold prices rise by Rs 170, silver inches up

Thu, Dec 06, 2018

Gold prices Thursday rose by Rs 170 to close at Rs 32,120 per 10 gram at the bullion market in the national capital on increase in demand from local jewellers amid firm trend in the overseas market.

Gold prices hit near 12-week high as falling markets burnish appeal

Gold prices hit near 12-week high as falling markets burnish appeal

Mon, Oct 15, 2018

U.S. gold futures were up 0.8 percent at $1,231.80 an ounce. "There is a huge change in sentiment when it comes to the yellow metal because it is playing the role of a safe-haven asset here. We see fund flows from the equity markets going into gold," Think Markets UK chief markets analyst Naeem Aslam said.

Gold prices edge up, but still set for longest monthly losing streak since 2013

Gold prices edge up, but still set for longest monthly losing streak since 2013

Fri, Aug 31, 2018

Analysts and traders said gold would closely track moves in the dollar, in which the metal is priced, especially with investors bracing for the next round of the U.S.-China trade conflict.

Gold inches lower as dollar holds firm on US tax bill hopes

Gold inches lower as dollar holds firm on US tax bill hopes

Mon, Dec 18, 2017

Gold prices edged lower on Monday, pressured by firmer equities and a buoyant dollar after a bill to overhaul the tax system in the United States moved a step closer to ratification. Spot gold was down about 0.1 percent at $1,254.40 an ounce at 0346 GMT.

Gold prices hit six-week low on rate hike expectations

Gold prices hit six-week low on rate hike expectations

Fri, May 05, 2017

Spot gold was down 0.8 percent at $1,227.94 an ounce by 3:02 p.m. EDT (1902 GMT) after touching $1,225.20, the lowest since March 17, and extending losses below the 50- and 200-day moving averages. Support was seen around $1,221, the 100-day moving average.

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