Gold Price Today: After Rs 7,800/10 gram fall in 3 sessions, yellow metal prices reboundDomestic gold prices recovered on Friday gaining by over Rs 500 per 10 gram in intraday trade, taking cues from international prices. The p...
26 Jul, 2024, 06.06 PM IST
Hawkish Fed, other bearish factors hurting goldThe ten-year US yields at 4.38% were up 2.28% on the day and were up around 4% on the week. The two-year yields were up 0.20% on the week a...
29 Jun, 2024, 02.56 PM IST
US inflation cools in May; consumer spending rises moderatelyART HOGAN from B RILEY WEALTH notes the stable 2.6% core PCE, potentially leading to Fed rate cuts. The overall economic indicators suggest...
28 Jun, 2024, 07.08 PM IST
Gold prices today: Gold opens at Rs 72,203 per 10 grams; silver up by Rs 5,100 in last 3 daysGold steadied on MCX with June futures opening at Rs 72,203 per 10 grams, while silver rose to Rs 95,670/kg. Commodities stabilize amidst g...
29 May, 2024, 10.28 AM IST
Gold ends its five week winning streak as inflation concerns resurfaceThe ten-year US yields at 4.67% were around 1% lower Friday; however, yields were up nearly 1% to finish the week higher, whereas the 2-yea...
27 Apr, 2024, 11.35 AM IST
Gold ekes out gains in a tumultuous weekThe metal fell to close around 0.80% lower on Friday as the US dollar rallied. The 10-year US yields at 4.21% were down over 2% on the week...
23 Mar, 2024, 01.11 PM IST
Disappointing US data, dovish Fedspeak lift Gold's appealSpot gold rallied sharply Friday on disappointing US ISM manufacturing data (February) that showed that manufacturing orders, production, a...
03 Mar, 2024, 11.42 AM IST
Gold outlook remains bearish despite a positive weekly closeFriday's gains in gold were driven mainly by a dip in the US yields, especially long-term yields, which in turn were driven by month-end re...
24 Feb, 2024, 12.24 PM IST
Gold requires geopolitical triggers to remain afloatAs the US carried out its fifth airstrike against Houthi targets in Yemen on Thursday, the Iran-backed rebel group quickly launched two ant...
21 Jan, 2024, 11.14 AM IST
Holiday-shortened next week to see gold finishing 2023 on a high noteGoing into the final week of 2023 and watching the start of 2024, most of the markets are likely to observe thin volume due to the holiday-...
23 Dec, 2023, 01.15 PM IST
Oversold gold may slide further on elevated yields, firmer dollarHigh US yields and a strong Dollar continue to act as headwinds against the metal as investors see the US Federal Reserve sticking to its h...
30 Sep, 2023, 11.05 AM IST
Gold weakness likely to persist; Support seen at $1930/$1900Gold prices closed the week with a loss of 1.60% at $1945.74, with the US dollar index recording a weekly gain of about 1% to reach 104.23,...
28 May, 2023, 11.45 AM IST
Crucial week for Gold; Yellow metal is likely to face stiff resistance near $2050Gold ended the week with a nearly 0.35% gain at $1,989.65, failing to close above $2,000 throughout the week. Concerns about rising inflati...
01 May, 2023, 11.34 AM IST
Where is gold headed in the coming weeks? Bears could push it towards $1,780Gold is drawing some support from geopolitical concerns as the US-China verbal wrangling continues unabated. US Treasury Secretary Ms. Yell...
25 Feb, 2023, 04.19 PM IST
Rupee sidesteps fall in Asian peers on likely RBI interventionIn contrast to the rupee's performance, it was another challenging week for most of the major Asian currencies. The offshore Chinese yuan, ...
24 Feb, 2023, 04.58 PM IST
Gold likely to consolidate ahead of the US FOMC decisionThe US Dollar Index continues to defend the crucial support around 101.25. Better than expected US data combined with the somewhat elevated...
29 Jan, 2023, 10.08 AM IST
Here's what investors are freaked out about for 2015The responses below from a separate poll question showed that investors are specifically concerned about deflation risks stemming out of th...
11 Dec, 2014, 05.58 PM IST