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Gold rate today: Gold prices on Tuesday climbed Rs 500 to touch a record Rs 1.20 lakh per 10 grams in the national capital as a weaker dollar and expectations of further rate cuts by the US Federal Reserve supported bullion demand.According to the All India Sarafa Association, the yellow metal had surged Rs 1,500…
US President Donald Trump, with a business approach, raised H-1B application fees to an eye-watering $100,000 to protect Americans’ jobs — but did it backfire? According to a report from Reuters, industry insiders warn that Trump’s move may boomerang as many US companies are pushing to shift high-value work to India, where global capability centres…
The United States maintains a unique system where gold is held directly by the government rather than the central bank. (AI image) Gold prices have been reaching new lifetime highs and the value of gold reserves with countries is surging as well! The US Treasury’s gold reserves have crossed $1 trillion in value, marking a…
Gold and silver hit record highs on Tuesday as investors sought safe-haven assets amid concerns over a potential US government shutdown and expectations of further interest rate cuts by the Federal Reserve. The US government shutdown risk intensified after talks between President Donald Trump and congressional leaders failed to reach an agreement on short-term funding….
Currently, major driver of gold prices is huge ETF inflow amid rising expectations of further Fed rate cuts. (AI image) Gold price prediction today: Gold is likely to trade with a positive bias in the near term. However, resistance is seen at $4000 (Rs 121,000, says Praveen Singh, Senior Fundamental Research Analyst- Currencies and Commodities…
MUMBAI: Gold and silver prices continued to record new all-time highs in the domestic market on Monday. It was backed by rallies in international prices on the likelihood of a US govt shutdown, trade-related jitters, and the continuing weakness of the rupee against major currencies.In the local spot market silver hovered around the Rs 1.5…
Gold rate today: Gold prices in India touched a fresh all-time high of Rs 1,19,500 per 10 grams on Monday in the national capital, driven by strong global trends and safe-haven buying amid geopolitical and economic uncertainty, according to the All India Sarafa Association.The 99.9% purity metal surged Rs 1,500 from Rs 1,18,000 per 10…
UAE gold hits all-time highs for consecutive days, driven by investor fears and upcoming festival demand Gold prices in the United Arab Emirates have surged to unprecedented levels, with 22-karat gold reaching AED 422.75 per gram and 24-karat gold climbing to AED 456.75 per gram. This marks a significant increase from the previous all-time highs…
Gold and silver prices on Monday surged to lifetime highs in the domestic futures market, following a strong rally in international markets. Investors were encouraged by expectations of US Federal Reserve rate cuts and a weaker dollar, which boosted demand for precious metals.On the Multi Commodity Exchange (MCX), gold futures for October delivery jumped Rs…
Gold and Silver do not look out of breath despite hitting fresh peaks continuously. (AI image) Gold price prediction today: Gold and silver prices are expected to continue their upward momentum in the near term, and investors of gold may want to adopt the ‘buy on dips’ strategy, says Manav Modi, Senior Analyst, Commodity Research…
