Gold and silver prices returned to a rally on Diwali day after a break over the Dhanteras weekend, according to data from the Multi Commodity Index. Gold and silver prices have rallied in India on festive demand and strong global cues around Trump’s tariff war. (Bloomberg) MCX Gold price rose as much as 0.97% to […]
The gold price rose to a record as heightened US-China frictions and bets that the US Federal Reserve will press on with monetary easing through the end of the year supported demand. Gold price has risen about 5% so far this week and touched a peak above $4,227 an ounce amid a “US-China trade war” […]
Gold prices rose to a fresh record to just shy of the $4,200-per-ounce levels on Wednesday, after Jerome Powell hinted at more US Fed rate cuts and amid US-China trade war. The safe-haven gold has gained 59% year-to-date, driven by multiple factors. (Reuters) Spot gold was up 0.9% at $4,178.15 per ounce, as of 0448 […]