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Why are gold prices falling? Top factors breaking gold’s winning streak – what should investors do?

Gold-backed ETFs experienced their most substantial single-day tonnage withdrawal in five months, indicating that institutional investors are reducing their positions. (AI image) Why are gold prices falling? After a record-breaking run, gold prices seem to be taking a breather with a significant 3% drop this week in the international markets. The yellow metal is set…

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Gold & silver price prediction today: Will gold & silver rates continue to fall? Here’s what investors should know

Gold price prediction: The short-term sentiment appears slightly bearish as prices have breached key support levels, suggesting the possibility of further downside movement. (AI image) Gold and silver price prediction today: Gold and silver prices are exhibiting weakness following correction and profit booking, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group….

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US stocks today: Wall Street holds near record highs as investors await Tesla earnings; Gold slips again

File photo (Picture credit: AP) US stocks are trading largely flat on Wednesday as investors await earnings results from electric carmaker Tesla, while gold prices extended their decline from record highs.According to news agency AP, the S&P 500 slipped 0.1% in early trading, staying just below its all-time high set earlier this month. The Dow…

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Gold and silver rate outlook: Where are prices headed after Diwali rally fizzles? Here’s what experts say

Gold and silver prices are undergoing correction after witnessing a sharp rally over the past year and investors are wondering where the precious metals will head now.Experts say that the pullback is temporary, and the overall outlook for gold and silver remains strong.Rajesh Rokde, chairman of the All India Gem and Jewellery Domestic Council, told…

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Gold rate today: Yellow metal rebounds from previous day’s record dip; global prices at $4,146

Gold prices edged higher on Wednesday as a weaker dollar and bargain hunting lifted demand following a sharp fall in the previous session. Investors are now watching US inflation data closely for hints on the Federal Reserve’s next move on interest rates.Spot gold rose 0.6% to $4,146.47 per ounce at 0636 GMT, recovering some ground…

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Gold slides 5%, silver 7%

MUMBAI: Tracking slides in global prices of gold and silver, two precious metals witnessed correction in domestic market during Tuesday’s Muhurat trading session on MCX. A similar trend was observed in the spot market, although trading was thin on Diwali day, market players said.Global investors are looking for a ‘risk-on’ rally, meaning investors are again…

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Guruvayur temple audit: Ivory, gold, silver & devotee offerings vulnerable amid poor recordkeeping | Thiruvananthapuram News

THIRUVANANTHAPURAM: Successive audits of the Guruvayur Devaswom have revealed how vulnerable the Sri Krishna temple’s valuables — from gold and silver to ivory and manjadikuru (red lucky seeds) — are to misuse and poor recordkeeping. The findings, spread across the 2019-20 and 2020-21 audit reports by the state audit department, show that despite the temple’s…

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