Latest Updates Around The World
File photo (Image credit: AP) US stocks are trading largely flat on Wednesday as investors await earnings results from electric carmaker Tesla, while gold prices continue their slide from record highs.The S&P 500 fell 0.1% in early trading, falling just short of its all-time high earlier this month, according to news agency AP. The Dow […]
Gold prices continued their decline on Wednesday, retreating further after a record rally earlier this week as traders cashed in on gains and sentiment improved after signs of thawing US-China relations. Spot gold fell 0.4% to $4,109.19 an ounce, following Tuesday’s steep 5% decline, the sharpest one-day drop since August 2020. The reversal came after […]
Gold prices fell slowly on Tuesday as investors booked profits after the precious metal hit a new high in the previous session on hopes of further interest rate cuts by the US Federal Reserve and strong demand for safe havens. Spot gold fell 0.3 percent to $4,340.99 an ounce as of 0456 GMT, after hitting […]
Gold prices rose slightly on Monday, recovering after a sharp fall last week from record highs above $4,300 an ounce following US President Donald Trump’s comments that eased US-China trade tensions and pushed investors into riskier assets. RAW MATERIALS * Spot gold rose 0.4% to $4,263.59 an ounce as of 02:03 GMT, after losing about […]
Gold prices took a breather on Saturday and Sunday after hitting record highs ahead of Diwali, while jewelery stores across India witnessed a festive rush on Dhantera purchases. In the national capital, 24-carat gold fell by Rs 2,400 to Rs 1,32,400 per 10 gram on Saturday, according to the All India Sarafa Association, after hitting […]
On the festive occasion of Dhanteras, gold and silver prices in India witnessed a modest decline, providing some relief to buyers across the country. The price of 24-carat gold in India today stands at Rs 13,086 per gram, which translates to Rs 1,30,860 for 10 grams, according to Goodreturns data. Silver prices followed a similar […]
What’s happening in the raw materials world? Will the gold price rise next? To find out, ET Markets spoke to Anand Rathi’s Naveen Mathur, who explains what’s driving the currency and bullion markets amid global uncertainty and rate tensions. He also analyzes the recent movements in the dollar and rupee and highlights the key support […]
Silver hit a multi-decade high as a historic short squeeze in London amplified a powerful rally this year, while gold rose to a record, helped by broad investor enthusiasm for precious metals. Spot silver climbed as much as 3% to almost $52 an ounce – higher than last week’s intraday high – while gold surpassed […]
SINGAPORE: The US dollar recovered from a sell-off in early trade on Monday as investors hoped Washington could temper the latest escalation of the trade war with Beijing, while political developments in France and Japan undermined the euro and yen. The dollar index, which measures the greenback’s strength against a basket of six currencies, rose […]
Mumbai: Retail investors are rushing into sovereign gold bonds (SGBs) – a popular government-issued debt instrument denominated in gold – in the secondary market, pushing prices far above gold’s record levels. Last week, individuals paid premiums of up to 32% above the metal’s spot price amid the sharp rise in prices, sparking the buying frenzy. […]
