Gold prices rise Rs 700/10 gram; silver gains Rs 1,500/kg ahead of US Fed meet. Key levels to track today
33 Articles
33 Articles
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Gold prices declined slightly in early Asian dealings today by Tuesday due to the rise in the dollar. Gold in instant transactions fell 0.1% to $4013.70 per ounce by 0045 GMT, American futures for gold dropped 0.3% to $4027.10. For other precious metals, silver in instant transactions rose 0.1% to $53.97 per ounce, while platinum stabilized at $1527.81, and the country fell by 0.7% to $1042.43.
Future gold contracts closed high, reversing last week's losses and returning to the $4000 mark per ounce mark, with investors waiting for the Federal Reserve (Fed) monetary policy decision and with the fall in oil prices helping to reduce the pressure on inflation prospects. At Comex, New York Mercantile Exchange (Nymex) metal division, the gold with delivery scheduled for October closed high by 0.77%, at $4,024.4 per ounce-troy, after falling …
The Economic Times
Times of IndiaGold prices rise Rs 700/10 gram; silver gains Rs 1,500/kg ahead of US Fed meet. Key levels to track today
Gold and silver prices rose on the MCX as easing oil prices tempered inflation concerns ahead of the US Federal Reserves October 27-28 meeting. Investors will track the Feds rate decision, geopolitical developments and the dollars movement. Analysts expect volatility, with key support and resistance levels outlined for both precious metals.
Gold price falls 0.3 percent to $4,003.59 as dollar firms ahead of Fed decision
Gold prices edged lower on Tuesday as a firmer U.S. dollar weighed on bullion, with investors awaiting the Federal Reserve’s policy decision for further clues on the outlook for interest rates. Spot gold fell 0.3 percent to $4,003.59 per ounce by 05:30 GMT, while U.S. gold futures for December delivery declined 0.5 percent to $4,016.10, […]
Gold fell on Tuesday as investors maintained a cautious stance ahead of the US Federal Reserve's (Fed) interest rate decision this week.
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