Gold prices traded lower in futures markets on Friday, tracking weak global cues and softer spot demand.Data from the Multi Commodity Exchange (MCX) showed that the June contract fell by Rs 1,363, or 0.89%, to Rs 1,52,071 per 10 grams, with a business turnover of 2,219 lots. Analysts attributed the decline to subdued global trends….
Gold remains in a broad consolidation phase following the recent correction from highs. (AI image) Gold price prediction today: Gold prices will likely be range-bound in the coming days, says Divya Mandaliya, Commodity Research Analyst, Anand Rathi Share and Stock Brokers Limited.Gold’s price action over the past week highlights a market increasingly driven by liquidity…
Gold prices climbed to a near three-week high on Wednesday as markets reassessed near-term risks after US President Donald Trump agreed ​to suspend bombing and attacks on Iran for two weeks, easing ​fears of energy-driven inflation. Spot gold was up 2.3 per cent at $4,812.49 per ounce, as of ‌0215 GMT. Earlier in…
Precious metals are likely to remain in a corrective phase in the coming week, with investors expected to closely track developments in the Middle East and a packed calendar of global economic data for fresh cues.Analysts cited by news agency PTI said that speeches by US Federal Reserve Chair Jerome Powell on Monday, along with…