Gold prices fell as much as 12% or Rs 20,514 in a single day on January 30, marking the worst one-day rout since March 2013 when prices on the MCX had fallen 9%.The drop came after US President Donald Trump announced Kevin Warsh as his choice for the next chairman of the Federal Reserve. The […]
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 […]