Gold prices

[ad_1] Gold prices in India continued to sparkle throughout the fiscal year 2023-2024, propelled by escalating geopolitical tensions globally. The yellow metal exhibited significant volatility, primarily influenced by decelerating growth in advanced economies and the monetary tightening policies pursued by global central banks in response to elevated inflation levels. During FY24, the price of MCX gold surged over 12%, climbing from approximately ₹59,400 per 10 grams at the year’s…

[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.…

[ad_1] The 30-share BSE Sensex ended higher by 526.01 points or 0.73 per cent at 72,996.31 level while the Nifty 50 closed at 22,123.65 level, up 118.95 points or 0.54 per cent. Analysts said that the recent upward revision in India’s GDP growth forecast by both Moody’s and S&P Global rating agencies uplifted the sentiments. Inflows amounting to ₹50,000 crore by domestic institutional investors (DIIs) in March added to…

[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…

[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…

[ad_1] Before Market Opens: Indian markets are likely to open ona positive note on Friday following gains in Asian peers after Wall Street hit record closing highs on rate-cut optimism. Meanwhile, Gift Nifty was trading 15 points higher, indicating a positive start for benchmark Nifty. Let’s take a look at some key cues before the market opens today: View Full Image Wall Street (REUTERS) Wall Street’s three major stock…