Gold prices dipped on Friday following a near-record peak in the previous session, buoyed by a strengthening dollar. However, they remain poised for a weekly increase after the US Federal Reserve’s announcement that it anticipates three rate cuts in 2024. Spot gold was down by 0.7 per cent at $2,166.20 per ounce, as of 1026 …
Gold prices surged to a new peak, soaring to ₹65,298 per 10 grams on the MCX, indicating a notable increase of over ₹2,700 within the initial week of March last week on Thursday. This remarkable uptrend in the value of the precious metal is primarily attributed to the anticipation of an interest rate cut by …
The Reserve Bank of India (RBI) announced the Sovereign Gold Bond (SGB) Scheme Series III for the fiscal year 2023-2024, which is scheduled to open on December 18 and will close on December 22. This release is prompted by the noteworthy surge in gold prices, surpassing a 10 percent increase in 2023, and defying expectations …
The Reserve Bank of India (RBI) announced the Sovereign Gold Bond (SGB) Scheme Series III for the fiscal year 2023-2024, which is scheduled to open on December 18 and will close on December 22. This release is prompted by the noteworthy surge in gold prices, surpassing a 10 percent increase in 2023, and defying expectations …