[ad_1] Gold prices in India maintained its shine during the financial year 2023-2024 driven by escalating geopolitical crises worldwide. Volatility in the yellow metal prices also remained high led by slowing growth in advanced economies and monetary tightening by global central banks amid high inflation. Gold has historically been viewed as a safe-haven asset as investors tend to flock to it during times of economic uncertainty or geopolitical instability.…
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[ad_1] Gold prices continued to surge on Thursday, poised to achieve their most substantial monthly increase in over a year. This surge was fueled by robust safe-haven demand, anticipation of U.S. interest rate cuts, and increased central bank purchases. As of 10:20 a.m. EDT (1420 GMT), spot gold rose by 0.5% to reach $2,204.99 per ounce. This performance puts it on track for its most impressive month since November…
Read More »[ad_1] Gold Prices Today: Gold prices extended gains on Wednesday, March 27, as investors awaited US inflation data that will throw further light on the US Federal Reserve’s policy path after the central bank kept interest rates unchanged for the fifth straight meeting this month. Spot Gold Prices At 9:53 am EDT (1353 GMT), spot gold was up 0.6 per cent at $2,191.88 per ounce, while US gold futures…
Read More »[ad_1] Gold prices strengthened on Monday as investors anticipated significant economic data releases and awaited comments from Federal Reserve officials later in the week, seeking additional insights into the potential timing of interest rate adjustments hinted at by the U.S. central bank. At 1306 GMT, spot gold saw a 0.5% increase, reaching $2,175.21 per ounce, while silver also experienced a 0.5% uptick to $24.78. U.S. gold futures rose by…
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