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A strong rally in domestic gold prices could continue to push up imports, which could weigh on India’s current account balance on a long run unless offset by strong exports elsewhere. (AI image) Gold price prediction: Gold prices may correct but the downside would be limited, and the bull run is expected to continue, says…
Representative image credits: AP Asian stocks dropped Wednesday following losses on Wall Street, as Federal Reserve chair Jerome Powell offered little clarity on future interest rates and US economic data fueled concerns about slowing growth.MSCI’s broadest index of Asia-Pacific shares outside Japan slid 0.4% in mid-morning trade. The S&P 500 fell 0.6% in the previous…
After more than three decades of ruling the hearts with his film performances, Shah Rukh Khan, on Tuesday, was honoured with the 71st National Award for ‘Best Actor in a Lead Role’ for ‘Jawan. After the big ceremony, Shah Rukh Khan, who was ecstatically seen flaunting his medal, had the sweetest message to love, share…
Gold rate today: Gold prices surged Rs 2,700 to hit a fresh peak of Rs 1,18,900 per 10 grams in the national capital on Tuesday, propelled by sustained global demand for the safe-haven asset and a sharp fall in the rupee following the US H-1B visa fee hike.According to the All India Sarafa Association, 99.9…
Gold and silver prices continued their record-breaking rally on Tuesday, with gold futures reaching an all-time high of Rs 1,12,750 per 10 grams and silver futures hitting a lifetime high of Rs 1,34,016 per kilogram on the Multi Commodity Exchange (MCX).The surge was driven by expectations of further US Federal Reserve interest rate cuts, safe-haven…
Representative image credits: AP Asian share markets looked set to extend recent gains on Tuesday, driven by strong investor optimism around artificial intelligence (AI) and tech stocks, while bets on further US interest rate cuts pushed gold to fresh record levels.Wall Street had reached another record after Nvidia announced it would invest up to $100…
Gold price outlook: The yellow metal may rise to $3800/$3850 in the coming months. Long-term target is $4000. (AI image) Gold price prediction today: Gold rates are likely to maintain their long-term positive bias, with dips and corrections serving as buying opportunity for investors, says Praveen Singh, Senior Fundamental Research Analyst- Currencies and Commodities at…
MUMBAI/ HYDERABAD: Prices of gold and silver scaled fresh all-time highs in India on Monday, as chances of lower interest rates in the US in the next few months – that in turn would mean weaker dollar – increased over the weekend. In addition, elevated geopolitical tension and tariff-induced global trade jitters supported the rally…
Gold rate today: Bullion markets in Delhi saw a sharp surge on Monday, with gold climbing Rs 2,200 to a new high of Rs 1,16,200 per 10 grams as investors reacted to strong global cues and awaited US Federal Reserve commentary. On Friday, the precious metal of 99.9 per cent purity had closed at Rs…
Gold continues to benefit from its status as a safe haven, driven by persistent geopolitical uncertainties. (AI image) Gold rate today: Prices of Gold futures surged to unprecedented levels, reaching Rs 1.11 lakh per 10 grams with an increase of Rs 799 in domestic futures trading on Monday. This upward movement aligned with global trends…
