Gold prices on the Milti Commodity Exchange (MCX) slipped in early trade on Thursday after a stronger US dollar and the Federal Reserve’s October meeting minutes cooled expectations for a December rate cut. MCX December gold futures were trading around ₹1,22,768 per 10 grams in morning trade, while silver futures…
Tag: #SafeHaven
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Gold Prices Rebound Above $3,980 Amid Safe-Haven Demand
Gold prices recovered on Friday, bouncing back from earlier losses as investors sought the precious metal for its safe-haven appeal. Spot gold rose 0.3% to $3,987.65 per ounce, while December futures climbed 0.7% to $4,003.30/oz by 07:59 ET (11:59 GMT). The yellow metal remains on track for its eighth consecutive…
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Gold Holds Below Record Highs Ahead of Fed Rate Cut Decision
New Delhi, Sept 15: Gold prices steadied below record highs on Monday as global investors waited for the US Federal Reserve’s key interest rate decision later this week. The precious metal hovered around $3,645 per ounce, consolidating gains made after last week’s all-time peak of nearly $3,675. Fed’s Policy Decision…