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From the beginning of 2024, gold has been on a strong footing having risen by 6 per cent as against the broader equity market says Naveen KR, smallcase Manager & Senior Director, Windmill Capital.The slew of elections lined up in this ...
(This story has not been edited by THE WEEK and is auto-generated from a PTI
Gold prices surged by Rs 850 to reach a new peak of Rs 70,050 per 10 grams on Thursday on strong global cues, according to HDFC Securities. This is the second straight session that precious metal prices have hit all-time high levels. In the previous trade, the precious metal had settled at Rs
GBP/USD falls to 1.2540, pressured by strong US data and a resilient dollar, signaling potential long-term downtrend and rate cut impacts.
The US Dollar's strength can also influence gold prices, with a stronger dollar typically leading to a drop in gold prices and vice versa.