Today’s price action puts gold in a good position to challenge the recent record high of 2,686. It broke out of the flag pattern yesterday but closed weak, down for the day and in the lower half ...
During the day, the yellow metal had bounced Rs 542 or 0.68 per cent to hit a record high of Rs 79,775 per 10 grams. "Gold remains buoyant on festive demand in India, with added momentum from ...
He added, "While the higher gold price dampened demand in the majority of consumer markets, the import duty cut in India kept jewellery and bar and coin demand remarkably high in a record-breaking ...
Total global gold demand increased five per cent year-on-year to 1,313 tonnes, a record for the third quarter, the World Gold Council said on Wednesday. The council’s Q3 2024 Gold Demand Trends ...
Gold prices climbed to a fresh record high on Wednesday, after a report from the World Gold Council showed that total gold demand, including over-the-counter investments, climbed by 5% year over ...
Indian buyers of gold brushed off record high prices and made purchases for the Dhanteras and Diwali festivals starting on Tuesday, hoping bullion would continue to rally and deliver promising ...
Gold's record rally has also been propped up by expectations of more Fed rate cuts. Lower rates reduce the opportunity cost of holding zero-yield bullion. Traders are betting a quarter-point rate ...
Global gold demand increased 5% year-on-year (YoY) to 1,313t (tonnes) in the third quarter (Q3), with total demand exceeding $100 billion for the first time on record, supported by strong investment ...
(Bloomberg) -- Gold rose to a record Wednesday on haven demand before the US election, and held a narrow gain after jobs and GDP data showed the ongoing resilience of the US economy. Bullion ...
Investors’ “fear of missing out” on gold’s rally has sparked record demand for the precious metal, even as high prices push central banks to scale back their purchases. We apologize, but this video ...
Near-record high gold prices, driven by global economic uncertainties and the coming US election, are weighing down purchases of the precious metal during India’s most auspicious buying season ...
Gold prices surge past $2750 per ounce on record inflows into gold funds. Gold ETFs saw a massive $3 billion investment last week, the second-largest increase ever. Year-to-date gains for gold are ...