(Gold Silver Reports) Gold and Silver prices today: Positive global cues and easing expectations of aggressive rate hikes by the US Federal Reserve boosted precious metals, with gold and silver prices on the MCX jumping up to 2% on Friday, 3 July, morning.
Interest Rates
Fed Shifts Gears: Will the Rally in Gold and Silver Stall?
Fed interest rate decision: Gold and silver have delivered strong gains over the past several months, supported by economic uncertainty, inflation concerns, and expectations of interest rate cuts. However, the latest signals from the US Federal Reserve have left investors wondering whether the rally in precious metals can continue.
Jerome Powell बने Fed के कार्यवाहक चेयरमैन, Kevin Warsh जल्द संभालेंगे कमान
Jerome Powell बने Fed के कार्यवाहक चेयरमैन, Kevin Warsh जल्द लेंगे शपथ: अमेरिका के केंद्रीय बैंक Federal Reserve में बड़ा बदलाव देखने को मिला है। शुक्रवार को Jerome Powell का आधिकारिक कार्यकाल खत्म हो गया, लेकिन नए चेयरमैन के शपथ लेने तक उन्हें कार्यवाहक चेयरमैन बनाया गया है।
Dollar Hits 2-Month High as Fed Rate Hike Bets Push US Currency Up
Dollar largest weekly rise: The dollar firmed on Friday and was set for its largest weekly gain in more than two months, as rising energy prices and prolonged disruptions to shipping stoked inflationary pressures, boosting bets on a Federal Reserve rate hike this year.
Gold Price Today: Struggles Near $4,600 as Ceasefire Talks Limit Gains
Gold Price Today: Gold prices are finding it difficult to gain strong momentum even after a small bounce from the $4,600 level. For the second day in a row, gold is trading under pressure as the market heads into the European session.