Gold prices rally ahead of Akshaya Tritiya. What investors should know?
The Economic Times » Commodities
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7h ago
The precious metal has surged approximately 20%, hitting a record high of $2,431 per ounce in the international market on April 12 and exceeding Rs 74,000 in the Indian market due to strong purchases by central banks and demand from retail investors amid growing geopolitical tensions ..read more
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Kalyan Jewellers, Sky Gold, 2 more jewellery stocks turn multibagger since last Akshaya Tritiya
The Economic Times » Commodities
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7h ago
As India marks Akshaya Tritiya today, it's worth noting that the Sensex has surged by 12,750 points, moving from 59,655 on April 21, 2023, to 72,404 on May 9, 2024 ..read more
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Gold Price Today: Yellow metal tops Rs 72,000/10 grams on Akshaya Tritiya; silver near Rs 85,000/kg
The Economic Times » Commodities
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7h ago
Gold prices surged on Akshaya Tritiya, breaking the Rs 72,000 mark, while silver also saw gains. US data hinting at Fed rate cuts bolstered the precious metals market ..read more
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Gold set for weekly gain on US rate-cut hopes
The Economic Times » Commodities
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10h ago
Financial markets expect the Fed to start its easing cycle in September. Lower interest rates reduce the opportunity cost of holding gold ..read more
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Oil prices up on stronger Chinese data, Middle East conflict
The Economic Times » Commodities
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10h ago
In the previous session, oil prices edged up to a one-week high on data of rising crude oil imports in China in April and as investors saw the cooling U.S. job market as an indication of possible interest rate cuts ..read more
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Gold falls Rs 50; silver nosedives Rs 1,500
The Economic Times » Commodities
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22h ago
Extending the losses for the second straight session, gold and silver prices slumped in the national capital on Thursday in line with weak trends in the global markets. According to HDFC Securities, gold prices declined Rs 50 to Rs 72,250 per 10 grams in Delhi. It had settled at Rs 72,300 per 10 grams in the previous session ..read more
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Gold delivers 16% gains from last Akshaya Tritiya. What is the outlook for next year?
The Economic Times » Commodities
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1d ago
The cost of 10 grams of gold currently deviates by approximately Rs 3000 or 4% from its peak value. Gold enthusiasts can seize the chance to purchase the precious metal on the auspicious occasion of Akshaya Tritiya, slated for May 10, Friday ..read more
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Gold Price Today: Yellow metal opens near Rs 71,000/10 grams; silver above Rs 83,000/kg
The Economic Times » Commodities
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1d ago
Gold and silver prices held steady as investors turned their focus to upcoming US economic data, seeking clues about the Federal Reserve's potential interest rate adjustments. The dollar index strengthened following hawkish remarks, exerting downward pressure on gold and silver prices ..read more
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Gold prices flat with focus on US economic data
The Economic Times » Commodities
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1d ago
Gold prices were flat on Thursday, as investors turned their focus to U.S. economic data that could offer additional insights into the timing of the Federal Reserve's potential interest rate cuts ..read more
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Oil rises on U.S. crude storage draw, Fed rate cut hopes
The Economic Times » Commodities
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1d ago
Brent crude futures for July rose 23 cents to $83.81 a barrel by 0033 GMT. U.S. West Texas Intermediate crude for June was up 29 cents to $79.28 per barrel ..read more
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