Gold And Silver Prices Today: Gold prices experienced a slight increase on Tuesday. The cost of 24 carat gold is Rs.7633.3 per gm, reflecting an increase of Rs.240.0. The cost of 22 carat gold is Rs.6998.3 per gm, up by Rs.220.0.
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Gold Rallies to record high on US rate-cut optimism
Gold prices soared to an all-time high on Friday as the dollar weakened amid prospects of a U.S. interest rate cut next week, while palladium has gained 15% so far this week.
Gold Edges Higher Amid Softer U.S. Dollar and CPI Expectations
Understanding the Relationship Between Gold Prices and the U.S. Dollar
The relationship between gold prices and the U.S. dollar is one characterized by an inverse correlation. Traditionally, when the dollar weakens, gold tends to rise in value, and this dynamic can be attributed to several interrelated factors. A weaker U.S. dollar enhances the purchasing power of foreign buyers, enabling them to acquire more gold for the same amount of their local currency. Consequently, this increased demand can lead to higher gold prices on the global market.
विशेषज्ञों को उम्मीद है कि 2025 में सोने की कीमतें और बढ़ेंगी; क्या यह अगले साल 3,000 डॉलर के स्तर को छू सकती है?
विशेषज्ञों का अनुमान है कि अमेरिकी ब्याज दरों में कटौती, मुद्रास्फीति और भू-राजनीतिक तनाव जैसे कारकों के कारण 2025 में सोने की कीमतें 3,000 डॉलर तक पहुंच सकती हैं। केंद्रीय बैंक की खरीदारी और मजबूत ईटीएफ प्रवाह भी मांग को बढ़ा रहे हैं, वर्तमान में हाजिर कीमतें 2,500 डॉलर के आसपास हैं।
Gold 13% YTD returns comparable with Sensex. Should you buy as valuation worries weigh on equities?
Gold dropped 6% on July 23 after Finance Minister Nirmala Sitharaman reduced the customs duty on gold and silver to 6%. Although prices have partially recovered, they remain 2% below the levels seen a day prior. Meanwhile, international gold prices have increased by 4%. Despite this, gold prices have risen by approximately 13% in 2024, compared to a 14% gain in the Sensex.
अमेरिका में रोजगार के कमजोर आंकड़ों और ब्याज दरों में कटौती की उम्मीद के चलते सोने के भाव में तेजी
यू.एस. में रोजगार के कमज़ोर आंकड़ों के बाद सोने के वायदे (Gold futures) 0.4% बढ़कर 2,535.70 डॉलर प्रति ट्रॉय औंस हो गए। बुधवार को दबाव में रहने के बाद कीमती धातु में उछाल आया, क्योंकि कमजोर अमेरिकी रोजगार के अवसरों और श्रम कारोबार सर्वेक्षण के आंकड़ों ने सितंबर में फेडरल रिजर्व की ब्याज दर में बड़ी कटौती की उम्मीदों को बढ़ावा दिया
Brent Crude Oil Falls to 8-Month Low
Brent crude futures fell to below the $75.9 per barrel mark on Tuesday, the lowest since mid-December 2023, as expectations of muted demand magnified the impact of relatively ample supply. A batch of new data from China exacerbated concerns that economic growth from one of the world’s largest oil consumers is unlikely to bounce back this year, with key gauges of domestic factory demand dropping more than expected in August.