Gold Prices Rise Amid Global Uncertainty; Silver Slips Marginally
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7 Articles
The precious metal exceeds US$ 4,600 and accumulates an increase of 15% in a month.
Gold prices rise, silver drops on profit booking as focus shifts to US inflation data, US Fed Chair Kevin Warsh's speech
MCX gold October futures were 0.42% up at ₹1,63,120 per 10 grams, while MCX silver September contracts were 0.58% down at ₹2,45,171 per kg around 9:35 AM.
Gold prices are skyrocketing. After a rally in the past few days, the precious metal touched a five-month high on Monday. The prices are rising as investors shift their investments to the safe haven of gold amid rising demand for the precious metal in the international market and escalating tensions between the US and Iran.
Gold Rate Today: US Gold Surges Past $4,650 as Bullion Near 3-Month High Amid US-Iran Tensions; Domestic Prices Hits ₹1.64 Lakh/10g — Check Latest 24K, 22K & 18K Gold Rates
Gold nears $4,650 as U.S. fiscal worries, Treasury bond purchases, weaker-dollar concerns and renewed investor demand lift bullion to a three-month high. The post Gold Rate Today: US Gold Surges Past $4,650 as Bullion Near 3-Month High Amid US-Iran Tensions; Domestic Prices Hits ₹1.64 Lakh/10g — Check Latest 24K, 22K & 18K Gold Rates appeared first on The Sunday Guardian.
Gold traded on Monday at peaks of more than three months, as the dollar’s weakness boosted its appeal, while investors await US inflation data and federal reserve president Kevin Warsh’s statements this week to get clues on the way to interest rates.
Gold Prices Rise Amid Global Uncertainty; Silver Slips Marginally
Gold prices edged higher in the domestic bullion market on Monday, August 24, while silver prices witnessed a marginal decline. Gold also gained in the international market, reaching its highest level in more than three months. Investors are closely monitoring global developments, including tensions between the US and Iran, as well as upcoming US inflation data, which could influence market sentiment and bullion prices. The post Gold Prices Rise…
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