Gold Jackpot Tips: Gold Hit 1000 Points 60200 To 59325. On Monday’s trade in the Multi Commodity Exchange (MCX) gold prices rose by Rs 1000 to Rs 60,455 per 10 gram in futures trade as investors opened new positions in response to strong spot demand.
Gold Soars to $1,978 After Fed Raises Rates as Expected
Spot gold jumped to $1,978 during Fed Chair Powell’s press conference and then pulled back. A decline in US yields and broad-based Dollar weakness is offering support to the yellow metal, which is up more than 1% on the day. …