Estimated read time 13 min read
Stock Market News

Gold heads for weekly loss, drops over 2% on strong US jobs report, China data; silver sheds 6%

Gold prices are headed for another weekly loss after a stronger-than-expected US jobs report doused expectations for US interest rate cuts this year, adding to [Read more about this post…]

Estimated read time 13 min read
Stock Market News

Lok Sabha elections 2024: How gold prices will be impacted — experts weigh in

The outcome of the 2024 Lok Sabha elections triggered a significant downturn in the Indian stock market, with the Nifty plummeting by 8.5% and the [Read more about this post…]

Estimated read time 12 min read
Stock Market News

Gold rises as dollar, bond yields decline after US data; silver drops 1.3%

Gold prices rose marginally on Thursday as both the dollar and Treasury yields declined following optimistic U.S. economic data, fueling expectations that the Federal Reserve [Read more about this post…]

Estimated read time 12 min read
Stock Market News

Gold price declines on profit booking as rate cut bets ease; silver trades flat

By 1119 GMT, spot gold dipped by 0.3% to $2,344.20 per ounce, following a 0.7% uptick on Monday. The precious metal slipped below its 21-day [Read more about this post…]

Estimated read time 11 min read
Stock Market News

Gold shines for second week in row on US interest rate cuts; silver reaches 11-year high

Gold prices seemed set for a second consecutive weekly gain on Friday, boosted by China’s stimulus measures and renewed optimism about U.S. interest rate cuts. [Read more about this post…]

Estimated read time 15 min read
Stock Market News

Gold price gains for second consecutive week, silver surges to 11-year peak

At 1304 GMT, spot gold surged by 0.9% to $2,396.81 per ounce. Bullion prices have climbed by 1.5% this week, following a one-month high on [Read more about this post…]

Estimated read time 12 min read
Stock Market News

Gold hits two-week high on US rate cut speculation; silver surges marginally

Gold prices surged on Friday, marking their most substantial weekly gain since early April, driven by pessimism surrounding the weak U.S. employment data, which bolstered [Read more about this post…]

Estimated read time 27 min read
Stock Market News

Gold rebounds over Fed rate cut bets: 5 key reasons behind yellow metal’s appeal in 2024; Time to buy?

Initial claims for state unemployment benefits increased 22,000 to a seasonally adjusted 231,000 for the week ended May 4, the US Labor Department reported on [Read more about this post…]

Estimated read time 11 min read
Stock Market News

Gold prices rise due to weakened dollar and soft US jobs data, silver jumps 2.4%

Gold prices surged by over 1%, buoyed by a weakening U.S. dollar following subdued U.S. jobs data, on Monday. This prompted speculation of potential interest [Read more about this post…]

Estimated read time 9 min read
Stock Market News

Gold slips to one-month low despite weak US jobs data; silver declines 1.3%

Despite weaker-than-anticipated U.S. jobs data, gold plummeted to its lowest point in a month on Friday, continuing a correction phase following last month’s impressive surge.  [Read more about this post…]