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.
Gold Outlook
Spot Gold Holds Above $2,490
Spot Gold held steady above $2,490 per ounce on Wednesday, after retreating in previous sessions, as investors assessed new economic data and its impact on the Federal Reserve’s interest rate outlook.
फेड ब्याज दर में कटौती: निकट भविष्य में सोने की कीमतों पर इसका क्या असर होगा? विशेषज्ञ इस पर विचार कर रहे हैं
रिपोर्टों के अनुसार, 2017 से प्रत्येक सितम्बर माह में सोने में गिरावट देखी गई है, इस माह में औसतन 3.2 प्रतिशत की गिरावट आई है – जिससे यह वर्ष का सबसे खराब प्रदर्शन करने वाला महीना बन गया है, जो मासिक औसत 1 प्रतिशत की वृद्धि से काफी कम है।
Gold Silver Outlook For Today, 04 August 2023: Strong US Jobs Data May Resume Fall in Gold and Silver
Gold Silver Outlook For Today, 04 August 2023: Another down week in the making for gold and silver price, as it is on track to book the worst week in six on Friday. However, the extended pullback in the United States Dollar (USD) combined with retreating US Treasury bond yields are helping put a floor under Gold price in the lead-up to the US Nonfarm Payrolls (NFP) showdown.
Gold Forecast: Traders await US inflation data, Fed rate hike decision
Gold Forecast, Gold Rate For Today, Gold Price Report: Gold rate was flat on Tuesday as traders await rate hike announcements from central banks across the globe, while silver rate was up 0.56%.
Gold Forecast: अगले सप्ताह महत्वपूर्ण आंकड़ों से पहले सोने में लाभ बुक करे और गिरावट पर खरीदारी करे
MCX Gold Forecast and Bullion Report by Neal Bhai: किसी भी लंबी स्थिति को बुक करने के लिए मौजूदा समय में सावधानी बरतने की आवश्यकता है और किसी भी लंबी स्थिति को शुरू करने के लिए 53300-53000 तक मूल्य के सही होने की प्रतीक्षा करें।
Aggressive Monetary Policy Continues to Hamper Gold
Gold Forecast, Gold Outlook, Gold price Today: The current macroeconomic landscape is way different now as global central banks reverse prior stimulatory policies in an attempt to calm surging inflation. Higher interest rates reduce gold’s allure as interest bearing investments and other alternatives start to become attractive once more.
Gold Outlook: Gold prices fall ahead of US Fed meeting
Silver and Gold prices, Gold Price Today, Gold Price Outlook, Today Gold Silver Price: Gold prices in India were trading weak on Tuesday, as globally yellow metal hovered near a four-week low.
MCX Gold Silver Full Target Hit, All Paid Member’s Enjoy
MCX Gold Silver Full Target Hit, All Paid Member’s Enjoy. The gold pair fluctuated in a relatively tight range last week and struggled to make a decisive move in either direction.
Gold Silver Tips Today Rocking, Gold Silver Pani Pani | Cover Your Losses With Neal Bhai
Gold Silver Tips Today Rocking, Gold Silver Pani Pani: Commodity prices traded mixed on Tuesday, after a weak trading session in the previous day.