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Top News In கமீஸ் கணக்கிடப்பட்டது நெருக்கமான Today - Breaking & Trending Today

gold price today: Gold price slips by Rs 57, silver declines by Rs 270

In the international market, gold was quoting lower at $1,738 per ounce and silver was flat at $25.08 per ounce. ....

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gold price today: Gold gains Rs 112; silver jumps Rs 126

In the international market, gold was trading marginally lower at $1,711 per ounce and silver was flat at $25.78 per ounce. ....

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'Silver Lining' for Gold Price as Record-Fast Bond Spike Spooks Repo Market

Wednesday, 3/10/2021 14:43
GOLD PRICES steadied around 1-week highs in London trade Wednesday, rising above $1720 per ounce even as global stock markets extended their bull run but government bond prices fell yet again, driving longer-term interest rates higher before reversing course as New York opened.

The sell-off in sovereign bonds is being driven by speculative betting that the price fall will continue, says the
Wall Street Journal, calling the borrowing and short-selling of 10-year US Treasury bonds
a crowded trade .

Now rallying almost $45 from last Friday s 9-month low in Dollar terms, the gold price rebounded less steeply against Euros and Sterling on Wednesday, reaching €1444 and £1235 per ounce as the US currency retreated from its recent 4-month highs on the FX market. ....

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GOLD OUTLOOK: Gold prices may bounce back towards Rs 50,000 in the medium term

Gold prices may continue to remain subdued for some more time, as the dollar is expected to be on the stronger side. ....

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