The prices of gold and silver were on a tear for the fifth straight session today as investors continued to pile into safe-haven assets amid risks stemming from US blockade of Venezuelan crude oil shipments. Gold and silver bars are stacked in the safe deposit boxes room of the Pro Aurum gold house in Munich, […]
Gold prices rose to an all-time high for the 50th time this year, asinvestors weighed escalating geopolitical tensions and the prospects for more US rate cuts. Silver also advanced to a record. Gold is on track for its best annual performance since 1979. (AFP) Bullion pushed beyond $4,480 an ounce for the first time, after […]
Prices of gold and silver rose to an all-time high today, tracking global cues stemming from growing expectations of more interest-rate cuts by the US Federal Reserve and strong safe-haven demand. Silver has surged 138% year-to-date, vastly outperforming gold, underpinned by robust investment inflows and persistent supply constraints. (Unsplash) What’s the gold, silver rate today […]
Silver prices in India surged to an all-time high on Wednesday, supported by a global rally, amid signs of tighter supplies and expectations of future interest-rate cuts by the US Federal Reserve. Silver has outperformed gold this year with around 80% return. (Unsplash) On the Multi Commodity Exchange, the silver rate surged by ₹4.14% to […]
Gold prices rose for a third day after the US Federal Reserve delivered a widely expected interest-rate cut on Wednesday, while silver climbed to a record high. A dovish Fed is positive for precious metals, such as silver and gold, which typically benefit from low rates as they don’t pay interest. (Unsplash) Bullion advanced as […]
Gold rebounded as investors sought safety following a slump in global stocks due to concerns around elevated valuations. Gold is about 50% higher year-to-date, with prices touching a record last month before retracing some gains. (AFP) Spot gold prices rose toward $4,000 an ounce, after falling almost 2% in the previous session as the dollar […]
The prices of gold and silver rose in India today amid a softer US dollar and healthy spot demand, even as bullion fell below $4,000 an ounce in the global market. The US dollar’s weakness is supporting gold prices, which has seen significant profit-booking of late. (AFP) As of 10:00 am on Monday (3 November […]
Gold staged a partial recovery following a run of losses as traders weighed conflicting views from the US Federal Reserve on chances of more rate cuts. Higher interest-rates tend to pose a headwind for non-yielding gold. (AFP) Gold prices rose as much as 0.9% to trade near $3,967 an ounce after falling almost 5% over […]
Gold steadied after a three-day selloff, with buyers buying the dip ahead of an expected interest-rate cut by the US Federal Reserve. Even after the pullback, the gold rate still up about 50% this year. (Bloomberg) Gold prices held near $3,950 an ounce, after losing more than 4% over the prior three sessions. Spot gold […]
Gold and silver prices in India fell, even as globally they edged higher, as safe-haven demand for the precious metals dipped due to progress on a US-China trade deal and the likelihood of an end to US government shutdown in the coming days. A Fed rate cut seems priced in. Gold has pulled back decisively […]
