And now we’re in a situation where we’ll have to see whether or not the currency markets could give a hand. After all, the US dollar starts falling, it is possible gold gets a bit eventually, but there’s so much going on right now at the same time that it’s ... Read More
Gold price is down over 1% to near $3,320 as the Israel-Iran ceasefire diminishes safe-haven demand.Fed Bowman supports interest rate cut in July amid growing labor market risks.The US Dollar sumps on Israel-Iran ceasefire and Fed Bowman’s dovish commentary.Gold price (XAU/USD) plummets to near $3,320 during the European trading session ... Read More
Gold price extends the previous day’s slide amid the Israel-Iran ceasefire announcement.July Fed rate cut bets weigh heavily on the USD, supporting the non-yielding commodity.The XAU/USD bears seem reluctant to commit ahead of speeches from FOMC members.Gold price (XAU/USD) maintains its heavily offered tone through the first half of the ... Read More
The ceasefire, reportedly brokered through U.S. and Qatari channels, followed missile exchanges in recent days and now appears to be holding. With no further immediate military escalation, investors rotated into risk-on assets, pulling capital away from non-yielding safe havens like gold and silver. Simultaneously, attention has shifted to U.S. monetary ... Read More
Gold price today: Gold encounters resistance near $3,400 in international markets. (AI image) Gold rate today: Following Iran and Israel's official ceasefire declaration by US President Donald Trump, MCX Gold August futures dropped by Rs 3,000, approximately 3%, reaching a low of Rs 96,422/10 grams during early trading, according to ... Read More
After Iran and Israel officially announced a ceasefire, Gold August futures contracts at MCX slipped by Rs 3,000 or nearly 3% to hit their low of Rs 96,422/10 grams in early trade, while the silver July futures contracts also fell by Rs 760 or 0.6% to their day’s low of ... Read More
Gold prices fell in Pakistan on Tuesday, according to data compiled by FXStreet. The price for Gold stood at 30,190.15 Pakistani Rupees (PKR) per gram, down compared with the PKR 30,366.45 it cost on Monday. The price for Gold decreased to PKR 352,132.00 per tola from PKR 354,188.30 per tola ... Read More
Gold prices fell in India on Tuesday, according to data compiled by FXStreet. The price for Gold stood at 9,278.06 Indian Rupees (INR) per gram, down compared with the INR 9,333.67 it cost on Monday. The price for Gold decreased to INR 108,217.50 per tola from INR 108,866.10 per tola ... Read More
Gold price bounces-off nine-day lows near $3,335 early Tuesday on reviving July Fed rate cut talks.US Dollar corrects sharply from the monthly top on a Iran-Israel ceasefire and dovish Fed expectations.Gold price looks to Fed Powell’s testimony as the 50-day SMA is tested; the daily RSI teases the midline.Gold price ... Read More
XAU/USD Current price: $3,378.94United States involvement in the Middle East crisis fuels demand for Gold.S&P Global released upbeat preliminary estimates of the US June PMIs.XAU/USD nears $3,400 but loses its near-term bullish momentum. Spot Gold trades around $3,900, nearing its early peak at $3,397.33 in the mid-American session. The bright ... Read More