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  • Gold Prices Today: Russia-Ukraine war to keep yellow metal volatile, resistance at Rs 52,100-52,750

    Gold Prices Today: Russia-Ukraine war to keep yellow metal volatile, resistance at Rs 52,100-52,7500

    Gold prices rose in the international markets on February 25 steadying after a volatile session as investors reassessed the situation surrounding Russia’s invasion of Ukraine and fresh sanctions against Moscow from the West. At the Multi-Commodity Exchange (MCX), gold contracts fell 1.01 percent to Rs 51,022 for 10 grams at 9.46am and silver was down

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  • Gold Prices Surge As U.S. Bank Woes Taper Rate Hike Expectations

    Gold Prices Surge As U.S. Bank Woes Taper Rate Hike Expectations0

    Gold prices hit a one-month high on Monday, recovering sharply from recent losses as markets bet that a burgeoning banking crisis in the U.S. will push the Federal Reserve into softening its hawkish rhetoric in the coming days. The dollar fell sharply against a basket of currencies, while an inversion in the yield curve lessened

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  • Gold Prices Mixed, Copper Sinks On Weak China GDP Target

    Gold Prices Mixed, Copper Sinks On Weak China GDP Target0

    Gold prices were mixed on Monday amid some uncertainty over U.S. monetary policy, while copper prices retreated sharply as major importer China set a weaker-than-expected GDP target for 2023, undermining expectations of a strong recovery in demand. Bullion prices were aided by a drop in the dollar last week, breaking a five-week losing spree as

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  • Gold Prices Hover Above 2023 Lows As Fed Uncertainty Persists

    Gold Prices Hover Above 2023 Lows As Fed Uncertainty Persists0

    Gold prices kept to a tight range on Tuesday after recovering slightly from their weakest level this year, as concerns over rising interest rates and anticipation of key U.S. economic readings this week kept traders largely on the sidelines. The yellow metal marked four consecutive weeks of losses as hotter-than-expected U.S. inflation and signs of

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  • Gold Prices Dip Amid Rate Hike Uncertainty, Copper Retreats

    Gold Prices Dip Amid Rate Hike Uncertainty, Copper Retreats0

    Gold prices fell slightly on Monday amid uncertainty over whether the Federal Reserve will hold interest rates steady later this month, while concerns over weakening economic growth pulled copper prices down. The yellow metal fell on Friday after U.S. nonfarm payrolls data read much stronger than expected for May, which posited a hawkish outlook for

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  • Gold Prices Creep Higher as USD Retreats, Hawkish Fed Caps Gains

    Gold Prices Creep Higher as USD Retreats, Hawkish Fed Caps Gains0

    • Gold
    • October 19, 2022

    Gold prices rose slightly on Wednesday, extending mild gains into a third session as pressure from the dollar abated, although hawkish signals from Federal Reserve officials prevented further gains Spot gold rose 0.1% to $1,653.49 an ounce, while gold futures rose 0.2% to $1,658.90 an ounce by 19:20 ET (23:20 GMT). Both instruments spent a

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