Gold Price today: Amid US Fed rate cut buzz, MCX gold rate continued to trade sideways but managed to sustain above ₹79,000 per 10 gm mark. Gold futures contract for February 2025 expiry on Multi Commodity Exchange opened downside at ₹79,150 per 10 gm and touched an intraday low of ₹79,022. However, the precious yellow metal soon bounced back and came around ₹79,080 per 10 gm, around ₹700, away from the lifetime high of ₹79,775 per 10 gm.
Gold Rate Today
Gold rate today: MCX gold rate hits YTD high on renewed US Fed rate cut buzz
Gold rate today: Following the US Fed rate cut buzz on soft US core inflation data, MCX gold rate registered gains during early morning deals on Thursday. Gold futures contract on Multi Commodity Exchange (MCX)m for February 2025 expiry opened flat at ₹78,700 per 10 gm.
Gold Rate Today: Experts’ Strategy for MCX Gold
Gold price today: Gold rates rose during the morning session of trade in the domestic futures market on Tuesday, January 7, amid a decline in the US dollar, driven by expectations of softer tariffs under the incoming Donald Trump administration. MCX Gold for February 5 expiry traded 0.15 per cent up at ₹77,305 per 10 grams around 03:41 PM.
What is the forecast for gold in 2025?
Gold prices in India are shaped more by global trading trends than by local demand and supply, with markets like London OTC and COMEX playing a key role.
Gold price today: Experts reveal strategy for bullion
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.
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.
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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.
Silver Rates outlook: Will the precious white metal outshine Silver prices in 2025?
Silver Rates outlook: Silver prices continue to rally, establishing themselves as a compelling investment option due to silver’s unique dual role as both a precious metal and a critical industrial resource.
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.