Page 2 - Multi Commodity Exchange News Today

Traders will also take more cues from the first reading of US GDP for the first quarter on Thursday and the Personal Consumption Expenditures (PCE) price index data

Gold and silver prices rebounded sharply on Monday after three sessions of decline. Gold rose by Rs 220 to Rs 72,820 per 10 grams, driven by strong overseas trends and Middle East tensions. Silver increased by Rs 1,050 to Rs 92,850 per kg. Spot gold at Comex traded at USD 2,344 per ounce, supported by a softer US dollar. Despite US and UK market closures, volatility remains high due to upcoming inflation data from Germany, the Eurozone, and the US. On the Multi Commodity Exchange, gold futures r...

Prior to this, Jayaram had a long stint with Kotak group for about 26 years, where he played a key role in establishing and growing multiple business verticals.

Gold Rate Today: Check gold prices in different cities on May 24, 2024 in Rs/10 grams

Gold Rate Today: Check gold prices in different cities on May 23, 2024 in Rs/10 grams

Crude oil futures drop as US Federal Reserve signals willingness to tighten policy amid inflation concerns.

Crude oil futures drop as US inventories rise, impacting market demand and prices, with focus on Fed meeting minutes.

Crude oil futures drop as market reacts to geopolitical events in West Asia, impacting oil prices and market sentiment.

The gold prices on Tuesday, May 21, 2024 took a significant dip. Futures for June delivery on the Multi Commodity Exchange (MCX) fell by Rs 458 to Rs 73,909 per 10 grams largely due to speculators selling off their holdings. This decrease was partly because the US dollar strengthened, marking gold more expensive for buyers using other currencies.

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