Silver trades static while yellow metal retreats due to the US Federal Reserve’s high interest…
As for domestic prices, gold futures decreased 0.16 percent to ₹70,615 per gram on the multicommodity exchange (MCX).
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Gold slightly revives as attention diverts to the Fed’s decision
Gold became more affordable for holders of other currencies as the dollar depreciated 0.2% following its peak of almost six months, and the yield on the benchmark 10-year U.S. bond also decreased.
Gold prices rose, while silver has surpassed a two-year high at fourth successive session
The increase in value of gold can be ascribed to several factors, such as the intensifying tensions in the Middle East, the expectation of interest rate reductions in the United States, and ongoing inflation.
Gold prices soars ahead of economic data, silver advances by 0.5%
At 1306 GMT, spot gold increased by 0.5% to $2,175.21 an ounce, and silver increased by 0.5% to $24.78. U.S. gold futures increased to $2,177.00, up 0.8%.
Gold rates spike at ₹65,000 per 10 grams, reaches a record high in New Delhi
Due to strong worldwide trends, gold prices saw a notable spike on Tuesday, increasing by ₹800 to hit a new record high of ₹65,000 per 10 grams in the nation's capital, as reported by HDFC Securities.