Gold rose to a record high near $5,000 an ounce, as geopolitical risk and threats to the Federal Reserve’s independence added support to a rally fueled by a retreat from currencies and bonds.
Commodity News
Commodity News – Real-time Accurate MCX Commodity Market News and forecast for today. Best commodity market online tips through whatsapp and telegram by Neal Bhai.
Gold Price Drops 1% After Profit Booking, Global Risk Concerns Cool Down
Gold prices dropped by more than 1% in the international market as investors decided to book profits after recent gains. The fall also came as geopolitical-tensions showed signs of easing, reducing demand for safe-haven assets like gold.
Gold Price Today Slips as Profit-Taking, Lower Geopolitical Tensions Hit Demand
Jan 15 (Reuters) – Gold slipped on Thursday as investors booked profits after the yellow metal hit a record in the previous session, while an apparent softer tone from U.S. President Donald Trump on the Federal Reserve chair and Iran also dampened safe-haven demand.
Blistering Metals Rally: Gold, Silver & Copper Hit Record Highs
(Bloomberg) — Metals extended their dramatic start to the year — with gold, silver, copper and tin all hitting record highs — as investors bet on a boost from more US rate cuts and a revival in sentiment across Chinese financial markets.
Gold Hits Lifetime High in India, Silver Jumps 4% to Record ₹2.78 Lakh/kg
Gold and silver prices are shining bright in the Indian bullion market. Gold touched a lifetime high, while silver prices jumped nearly 4% to hit a fresh all-time record of ₹2.78 lakh per kilogram.