Latest Updates Around The World
Gold and silver prices rose marginally in early trading on Wednesday, November 19, breaking their two-day losing streak this week, even as fading hopes for a US interest rate cut continued to dampen sentiment for the precious metals. Attention now turns to the delayed US jobs figures due tomorrow. The lack of new data for […]
Gold and silver prices fell in early trading on Tuesday, November 18, amid waning expectations for a US interest rate cut as investors await the release of delayed US economic reports this week. The lack of US data over the past six weeks, coupled with hawkish comments from several Fed officials, has dampened hopes for […]
Gold prices fell 3% on Friday following a broader market sell-off fueled by hawkish comments from US Federal Reserve officials, dampening hopes for a rate cut in December. Spot gold fell 1.9% to $4,092.72 an ounce as of 2:33 PM ET (1933 GMT), after falling more than 3% earlier in the session. However, precious metals […]
After a four-hour delay in the start of trading on the MCX, gold and silver futures opened lower on Tuesday, extending their losses for the second straight session, tracking weakness in global markets and reducing demand for safe havens. On the Multi-Commodity Exchange (MCX), gold futures traded at Rs 1,18,864 per 10 gram in December, […]
Gold and silver prices in India took a breather this week after a prolonged rally, with analysts expecting consolidation in domestic markets next week amid upcoming global central bank meetings and trade developments.On the Multi Commodity Exchange (MCX), gold futures for December delivery fell by Rs 3,557, or 2.80 percent, while silver futures crashed by […]
The brilliance of silver ETFs is quickly fading. After a thrilling rally that sent domestic silver prices to record highs, the white metal’s shine has dulled. Silver ETFs have fallen nearly 19% since their October 15 peak as premiums relative to international prices evaporated. When markets reopen on Thursday evening after the Diwali break, investors […]
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 […]
Images of people queuing at gold dealers around the world have become common again, and Canada is no exception. Back in September 2023, Global News reported a “gold rush” at Costco, with one-ounce gold bars selling out within hours of being listed online. But before you give in to the fear of missing out, it […]
London: Silver fell more than 6% in the biggest drop in six months as the broad precious metals group retreated from a furious rally this week. The pullback came as concerns about US credit quality eased and trade frictions between China and the US hit demand for gold and silver at ports. President Donald Trump’s […]
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 […]
