Gold fell for a fourth straight session on Tuesday, weighed down by a firm dollar and diminished prospects of a U.S. interest rate cut next month. FUNDAMENTALS * Spot gold was down 0.1% at $4,038.43 per ounce, as of 0104 GMT. U.S. gold futures for December delivery fell 0.9% to $4,037.50 per ounce. * The…
Gold and silver prices fell in early trade on Monday, November 17, as investors booked profits following a sharp global rally this year and hawkish comments from the U.S. Federal Reserve officials, which tempered expectations of a December rate cut. On the Multi Commodity Exchange (MCX), gold futures for December delivery slipped by Rs 420…
Gold prices dropped 3% on Friday on a broader market sell-off, sparked by hawkish remarks from U.S. Federal Reserve officials, dimming hopes for a December interest rate cut. Spot gold fell 1.9% to $4,092.72 per ounce, as of 02:33 p.m. ET (1933 GMT), after falling over 3% earlier in the session. However, bullion is up…
Gold and silver prices have started moving northwards after a fortnight. The yellow metal, which went down to Rs 1.18 lakh per 10 gm on October 28, has gone up by Rs 4,000 per 10 gm to touch Rs 1.22 lakh per 10 gm on Monday. Silver too followed gold and appreciated to Rs 1.50…
Gold prices rose on Friday as the dollar softened and uncertainty around the U.S. government shutdown added to safe-haven demand, while Wall Street indexes were set for sharp weekly declines. Spot gold was up 0.7% at $4,005.21 per ounce, as of 3:15 p.m. ET (2015 GMT). U.S. gold futures for December delivery gained 0.5% to…
On the festive occasion of Dhanteras, gold and silver prices in India saw a modest decline, offering some relief to buyers across the country. The price of 24-karat gold in India today stands at Rs 13,086 per gram, translating to Rs 1,30,860 for 10 grams, as per data from Goodreturns. Silver prices followed a similar…