Global gold rates today at 2-year lows. Should you buy now?

Global gold rates today at 2-year lows.  Should you buy now?

Gold rates today in the spot market have hit a 2-year low of $1,661, breaching its strong support of $1,685 per ounce. Gold price today on Multi Commodity Exchange (MCX) is also down by ₹92 per 10 gm in early morning deals to ₹49,220 levels. According to commodity experts, yellow metal is under pressure after … Read more

Bank of England to OPEC meeting: Top 5 triggers for gold price in the near term

Bank of England to OPEC meeting: Top 5 triggers for gold price in the near term

Gold price shot up by nearly 2.39 per cent in the week gone by, while carrying forward the positive momentum of the previous week driven by a ‘mildly hawkish’ stance of the US Fed on interest rate hike. as expected, the US central bank raised the interest rate by 75 bps for the second month … Read more

Gold Price Today: Weaker Rupee to hold yellow metal slide domestically, amid strengthening Dollar; analyst suggests strategy

Gold Price Today: Weaker Rupee to hold yellow metal slide domestically, amid strengthening Dollar;  analyst suggests strategy

Gold Price Today: Expert Anuj Gupta recommends a buy strategy for MCX August Gold Futures for the intraday traders at Rs 50500 with a stop loss of Rs 50250 and price target of Rs 50900.

Gold Price Today: MCX Gold up by Rs 243, MCX Silver dearer by Rs 660; bullion outlook positive, says analyst, recommends Buy

Gold Price Today: MCX Gold up by Rs 243, MCX Silver dearer by Rs 660;  bullion outlook positive, says analyst, recommends Buy

Gold Price Today: Gold prices extended gains for the fifth straight session on Tuesday, hovering around their two weeks highs it hit on Monday, a Motilal Oswal report said. The yellow metal will take cues from the preliminary manufacturing and services PMI data and US Federal Reserve Governor Jerome Powell, the report note.