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India Gold price today: Gold gains, according to MCX data

Gold prices rose in India on Friday, according to data from Indias Multi Commodity Exchange (MCX). Gold price stood at 72,116 Indian Rupees (INR) per 10 grams, up INR 205 compared with the INR 71,911 it cost on Thursday. As for futures cont...

Gold price shines amid fears of fresh escalation in Middle E

Gold price exhibits strength as geopolitical tensions keep safe-have demand firm. The US Dollar corrects amid fears that inflation will remain stubborn in other developed nations. Fed Mester is confident about policy normalisation but cauti...

Gold price drops as traders pare Fed rate cut prospects

Gold price faces pressure while investors see the Fed keeping interest rates at current levels until the third quarter of this year. US core inflation has come in higher than expected for three months in a row. Increasing geopolitical tensi...

Gold retreats as US CPI data diminishes Fed rate cut hopes

Gold drops as US inflation data complicates Fed rate cut intentions. Investors rethink Feds monetary approach amid persistent inflation as they now expect two rate cuts in 2024. US real yields rise above 2%, challenging Gold post-CPI releas...

Gold Price Forecast: XAU/USD reaches to all-time highs near

Gold price appreciates on market bias towards rate cuts possibility by major central banks in 2024. Investors expect three rate cuts from the US Federal Reserve (Fed) in the coming months. Investors await the US PCE report to gain additiona...

Gold price falls further towards $2,160 on firm US Dollar

Gold price fails to hold all-time highs around $2,220 as the US Dollar strengthens. The US Dollar capitalizes on the strong US economic outlook. The Feds rate-cut campaign could be less aggressive compared with other central banks in develo...