Gold prices breached the $5,000 mark for the first time even as Indian commodity markets remained closed on Monday (January 26) for Republic Day, hitting an intraday high of $5,091.5 per ounce in international markets.The yellow metal rose 2.2%, or $111 an ounce, in early trading as renewed safe-haven demand pushed gold past a key […]
Gold prices fell by almost 1% on Wednesday and withdrew from a record that was previously scaled up in the session, while market participants dissected comments from the Federal Reserve chairman Jerome Powell. Spot gold decreased 0.9% at $ 3,658.25 per ounce, from 15.11 hours EDT (1911 GMT), after a record high of $ 3,707.40. […]