Gold price today: Gold rates moved higher in the domestic futures market in the morning session on Monday, December 30, amid a fresh escalation of tensions in the Middle East, while the stable dollar and US bond yields also influenced sentiment. MCX Gold for February 5 expiry traded 0.24 per cent higher at ₹76,731 per 10 grams around 9:55 AM.
Gold Price Today
Jerome Powell-led FOMC meeting begins today
The US Federal Reserve began its deliberations for the latest monetary policy decisions today, December 17, and will announce its new benchmark interest rate decision on Wednesday, December 18. The US central bank will conduct its two-day Federal Open Market Committee (FOMC) meeting amid analysts’ expectations of another quarter-point rate cut for the second straight time.
Gold Tips Today [18-12-2024]: Bullion prices fall this week so far
Gold Tips Today: gold and silver remains under pressure as gold February futures contracts at MCX extended losses on Wednesday, opening flat at Rs 76,852 per 10 gram, which is down by 0.02% or Rs 19 while silver March futures contracts were trading at Rs 90,700/kg, down by 0.19% or Rs 175.
Gold and silver prices fall over 1% in Mumbai, Delhi, Chennai, Kolkata: Here are latest prices in other cities
Gold and silver prices have fallen more than a per cent compared to a week back as no new triggers around the globe. However, investors are waiting for the FOMC meeting, plus the Bank of England is likely to keep the interest rate unchanged.
Gold Rate today: Yellow metal trades flat ahead of US Fed meeting
Gold rate today: Before the beginning of the US Fed meeting, gold prices opened flat on Tuesday. Gold futures contract on MCX for February 2024 expiry opened upside at ₹77,090 per 10 gm and touched an intraday high of ₹77,199 per 10 gm within a few minutes of the Opening Bell.
The Phase of Change in Gold Prices Continues
Gold Silver Rates 20 November 2024: If there is a wedding or any function in the family and you are thinking of buying gold or silver, then first know the latest price of November 20. Today, on Wednesday, there has been a change in the prices of gold and silver again.
Gold prices hit one-month low amid strong US dollar; check latest prices in your city
Gold prices fell for the third day in a row, declining by ₹1,470 per 10 grams in early trade on Wednesday, November 13, due to a stronger US dollar in global markets. The American currency traded near three-month high levels ahead of the key inflation data which could give cues about possible rate cuts by the US Federal Reserve.
Gold price today: Yellow metal declines after Fed cuts rates by 25 bps
Gold price today: Gold rates declined in the domestic futures market Friday morning on profit booking at higher levels after the US Fed cut rates by 25 bps on expected lines.
Gold rate today jumps on safe-haven demand, Israel-Iran war in focus
Gold Rate Today: Amid rising tension in the Israel-Iran war, gold prices today witnessed some value buying in the early morning deals. In the early morning session on Friday, the yellow metal remains a safe haven for investors amid rising tension in the Middle East due to the Iran-Israel war. On the Multi Commodity Exchange (MCX), the gold futures contract for December 2024 expiry opened with an upside gap at ₹76,302 per 10 gm and touched an intraday high of ₹76,444 mark within a few minutes of the commodity market opening.
Gold 13% YTD returns comparable with Sensex. Should you buy as valuation worries weigh on equities?
Gold dropped 6% on July 23 after Finance Minister Nirmala Sitharaman reduced the customs duty on gold and silver to 6%. Although prices have partially recovered, they remain 2% below the levels seen a day prior. Meanwhile, international gold prices have increased by 4%. Despite this, gold prices have risen by approximately 13% in 2024, compared to a 14% gain in the Sensex.