Gold prices rise to a six-week high amid increased expectations of a US Fed rate cut. Focus on the US dollar rate

Gold prices rise to a six-week high amid increased expectations of a US Fed rate cut. Focus on the US dollar rate

Gold rate today: Because of increased expectations for a US Fed rate cut and weakening in US dollar rates, gold prices in the international market reached a six-week high of $2,391 per ounce. The gold futures contract on the Multi Commodity Exchange (MCX) for August 2024 has recaptured the psychological ₹73,000 mark, with a weekly…

Read More
Gold Rates Today

Gold Rates Today

Gold Rates Today: Gold, one of the most costly and valuable metals, is valued highly in India and is currently regarded as one of the best investment opportunities. Not limited to jewels alone. Coins and artwork made of gold, however, are also valuable. People in India still regularly invest in gold despite the ongoing increase…

Read More
GOLD RATE IN INDIA

GOLD RATE IN INDIA

Understanding the distinction between 24-carat and 22-carat gold is essential before learning about Indian gold pricing. While 22-carat gold has traces of alloyed metals like silver or copper and is only 91.67 percent pure gold, 24-carat gold is a 100 percent pure version of gold with no traces of any other metal. – GOLD RATE…

Read More
INDIAN CITIES' GOLD PRICES

Gold Prices in India

Several factors influence gold rates in India, including worldwide market swings, the strength of the USD, import costs, interest rates on bank fixed deposits, economic stability, seasonal prices, inflation, and demand-supply, among others. City Name 1 Gram 8 Grams 1 Gram Agra ₹ 5,620 ₹ 44,960 ₹ 5,901 ₹ 47,208 Ahmadabad ₹ 5,629 ₹ 45,032…

Read More