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Stay updated with the latest commodity market news today. Get insights on gold prices, silver trends, and more with in-depth analysis from Newsblare.

Gold price in India today trades at low price as US dollar strengthens
Commodity

Gold price in India today trades at low price as US dollar strengthens

Gold price in India Today: The yellow metal was trading marginally lower as the US dollar remained strong. Analysts said that the strengthening dollar is also due to anticipation that the Federal Reserve will not cut rates anytime soon, which has continued to put pressure on the gold prices. “The momentum of the US currency

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MCX Gold Prices in India Touch New High After US CPI Data Release
Commodity

MCX Gold Prices in India Touch New High After US CPI Data Release

The MCX gold prices in India surged on Friday due to the release of US Consumer Price Index data. The surprise rally in gold prices was principally started by the dampening of US inflation fears, thus raising speculations of a possible 25-basis-point cut in interest rate in the ensuing US Federal Reserve meeting. It leaped

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Today's gold prices in India touch all-time high due to high demand
Commodity

Today’s gold prices in India touch all-time high due to high demand

Today’s gold prices in India touched an all-time high at ₹75,804 per 10 grams as a gain of ₹507 was noted in firm market conditions due to good demand. “It’s a combination of speculators opening fresh positions and the market being in the festive season,” a dealer at Religare Commodities said. Futures on the Multi

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Festive season loads: Gold prices in India significantly increases
Commodity

Festive season loads: Gold prices in India significantly increases

The gold price in India today has soared sharply, shooting all the hopes the Indian bullion industry had of a gold rush festive season. That happens even though the import duty came down sharply just two months ago and had raised the industry’s optimism. Prithviraj Kothari, president of the India Bullion and Jewellers Association, said

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Gold price in India today dips further, silver price soars
Commodity

Gold price in India today dips further, silver price soars

Gold price today in India marked an uneven movement in the market on October 9, 2024. At the same time, here, gold futures expiring on December 5, 2024, traded at Rs 75,143 per 10 grams after slipping a mere Rs 18 or 0.02 percent from the previous close. The silver futures that expire on December

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Gold price in India affected by geopolitical tension between Israel and Iran
Commodity

Gold price in India affected by geopolitical tension between Israel and Iran

The gold price in India slipped by Rs 369 on Tuesday, taking today’s gold price to Rs 75,676 per 10 grams at futures trade. This was due to weak global cues taking a toll on the India gold price. On the Multi Commodity Exchange (MCX), December delivery contracts slipped by 0.49%, with around 1,800 lots

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Gold prices in India today see a massive decline
Commodity

Gold prices in India today see a massive decline

Gold prices in India today incurred a decline. Gold 24-carat now stood at ₹7783.3 per gram after it fell by ₹10.0. Similarly, 22-carat gold has recorded a rate of ₹7136.3 grams and also saw a fall of ₹10.0. The rise of gold values has been falling – the last week has seen a decline of

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Big news: Gold prices on MCX today are all-time high - What's the reason?
Commodity

Big news: Gold prices on MCX today are all-time high – What’s the reason?

Gold prices today shot up to all-time highs of ₹76,000 on safe-haven investment as the yellow metal had seen interest rate cuts in China, while geopolitical tensions also weighed in on a dovish US dollar. Gold prices on MCX today, traded 0.20% higher at ₹75,150 per 10 grams. Silver slipped 0.18% to ₹92,230 per kg.

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gold rate today India
Commodity

Gold Rate Today: Yellow Metal Trades Higher on Safe-Haven Demand

Gold prices in India rose on Wednesday and this increase follows gains in international gold prices. The rise in gold rate today comes ahead of the US Federal Reserve’s interest rate decision and growing tensions in the Middle East. On the Multi Commodity Exchange (MCX) the gold rate today went up by ₹300 or 0.43%

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Gold price drop wipe off ₹10.7 Lakh Crore
Commodity

Shocking Gold Price Drop Wipe Off ₹10.7 Lakh Crore in One Day!

The power of words often surpasses that of actions. Finance Minister Nirmala Sitharaman proved it with a single announcement. She cut the customs duty on gold in the Union Budget 2024. This led to a sharp fall in gold prices, Over ₹10.7 lakh crore wipe off in one day. This event marked one of the

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