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Gold and silver prices retreated in Friday’s futures trade after robust US employment data reduced expectations of a December interest rate cut by the Federal Reserve. A stronger dollar also weighed on bullion, pulling both metals lower in domestic and global markets.On the Multi Commodity Exchange (MCX), gold futures for December delivery slipped Rs 355,…
The Enforcement Directorate conducted extensive searches at over 40 locations in Jharkhand and West Bengal as part of a money laundering probe into coal mafia operations. The investigation targets alleged coal theft, pilferage, and illegal mining, with significant financial losses to the government suspected. RANCHI/KOLKATA: The Enforcement Directorate launched extensive searches across more than 40…
Parveen Hooda (PTI Photo) GREATER NOIDA: Girl power drove India’s success story at the World Boxing Cup (WBC) Finals here. Seven women boxers — including reigning world champions Minakshi Hooda and Jaismine Lamboria and seasoned Nikhat Zareen — led the country’s gold medal charge at the season-ending tournament, finishing on the top podium with commanding…
A sustained move below ₹1,22,200 may trigger extended selling pressure in the upcoming session. (AI image) Gold price prediction today: Gold prices are showing an intraday weakening bias, and traders should look to sell on rise, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities. Here is his strategy for gold investors:Gold…
Gold and silver exchange traded funds have had a rough month. After a dazzling rally, gold ETFs are down by over 6% on average, while silver ETFs have slid nearly 9%. Investors are left wondering whether to jump ship or stay invested.Market experts, however, urge calm and a long-term view. Systematic Investment Plans (SIPs) in…
Gold and silver prices declined in Thursday’s futures trade as investors pared positions after the US Federal Reserve’s latest meeting minutes signalled continued caution over interest rate cuts.On the Multi Commodity Exchange (MCX), gold futures for December delivery slipped by Rs 511, or 0.42%, to Rs 1,22,540 per 10 grams in a turnover of 10,456…
The US Citizenship and Immigration Services (USCIS) has taken a key preliminary step toward the launch of the ‘Gold Card’ permanent-residence program, an initiative which could allow foreign nationals to gain lawful permanent residence in the US via a large government donation.Under the plan—a component of the broader immigration agenda of the Trump administration—the USCIS…
Showing incredible determination, Olympic champion Arshad Nadeem triumphed at the Islamic Solidarity Games, claiming gold even as he recovers from calf surgery that took place in July. His throw of 83.05m, while below his typical exceptional standards, still highlights his grit after a challenging stint that saw him finish 10th at the World Championships. Olympic…
The broader outlook remains constructive, traders should stay vigilant and responsive to global macro developments. (AI image) Gold and silver price prediction today: Gold prices may move towards Rs 1,27,000 levels in the near term, though investors should watch out for a stop loss level of Rs 1,22,000, says says Abhilash Koikkara, Head – Forex…
Gold prices recovered in Wednesday’s futures trade after three straight sessions of losses, as traders engaged in value buying ahead of the release of the US Federal Reserve’s meeting minutes.On the Multi Commodity Exchange (MCX), December gold futures rose by Rs 674, or 0.55%, to Rs 1,23,314 per 10 grams in 10,726 lots. The February…
