Gold price in India: Rates on December 4 – FXStreet
Gold prices rose in India on Wednesday, according to data compiled by FXStreet. Gold price rose to INR 7,206.19 per gram compared to INR 7,193.10 on Tuesday. Gold price rose to Rs 84,050.36 per tola from Rs 83,898.89 a day earlier. unit measurement Gold price in INR 1 gram 7,206.19 10 grams 72,060.30 tiger 84,050.36 […]
Gold prices steady as S.Korea turmoil spurs some haven demand; Powell awaited – Investing.com
Investing.com — Gold prices edged higher in Asian trade on Wednesday as political turmoil in South Korea spurred some safe-haven demand, but hopes for further clues on U.S. interest rates kept traders on the sidelines. Ta. The yellow metal received some relief this week as concerns about the collapse of the ceasefire between Israel and […]
Gold price consolidates in a range around $2,640 area – FXStreet
Gold prices have no clear direction and are influenced by a combination of forces. Non-dovish Fed bets are supporting the USD and creating a headwind for XAU/USD. Trade war concerns, geopolitical risks and lower U.S. Treasury yields are providing some support. Gold prices (XAU/USD) fluctuated in a narrow range during Tuesday's Asian session, failing to […]
Gold (XAU) Price Forecast: Will Strong Dollar Push Prices Below $2607 Support? – FX Empire
Daily US Dollar Index (DXY) The U.S. dollar index rose 0.5% on Monday, its best daily performance in a week, and the price of gold rose for holders of other currencies. Market sentiment was influenced by President-elect Donald Trump's comments urging BRICS countries to abandon plans for an alternative currency to the US dollar. President […]
Gold price in India: Rates on December 2 – FXStreet
Gold prices in India fell on Monday, according to data compiled by FXStreet. Gold price fell at INR 7,158.86 per gram compared to INR 7,226.77 on Friday. Gold price fell to Rs 83,499.88 per tola from Friday's Rs 84,291.67. unit measurement Gold price in INR 1 gram 7,158.86 10 grams 71,588.90 tiger 83,499.88 troy ounce […]
Gold prices dip as Trump tariff threat supports dollar – Investing.com
Investing.com — Gold prices fell in Asian trade on Monday, weighed down by a stronger dollar after U.S. President-elect Donald Trump threatened to impose steep tariffs on the BRICS group. Demand for safe-haven gold was also hampered by signs that the ceasefire between Israel and Hezbollah appears to be holding, although rising tensions between Russia […]
Gold Price Forecast: XAU/USD holds below $2,650 on US Dollar rebound – FXStreet
Gold prices were trading in negative territory around $2,645 in early Asian hours on Monday. President Trump's trade and Fed's cautious stance hurt yellow metal prices. Geopolitical risks may help limit gold losses. Gold prices (XAU/USD) gradually fell to around $2,645 in early Asian time on Monday. The recovery in the US dollar is weighing […]
China Discovers World's Largest Gold Deposit Near Existing Mines – OilPrice.com
Chinese scientists have discovered a “super-giant” deposit of high-grade gold ore hidden near the country's existing gold mines. vast reserves, It may be the largest single reservoir of precious metals left anywhere on Earth. It could eventually become the world's largest known precious metal deposit, valued at more than $80 billion. as live science reportA […]
Largest gold deposit in the world worth $83 billion found in China
What is said to be the world's largest gold deposit has been discovered in China, state broadcaster Xinhua News Agency said. According to Reuters, gold reserves are worth 600 billion yuan, which is equivalent to $83 billion. The discovery was made by geologists from the Hunan Provincial Geological Research Institute about 19 miles below the […]
Gold (XAU) Price Forecast: Will Jobs Data Push the Fed to Cut Rates and Lift Gold? – FX Empire
If the report shows strong job growth and suppressed unemployment, it could reduce the odds of a December rate cut. Such an outcome would likely strengthen the dollar and weigh on gold prices by increasing the opportunity cost of holding non-yielding assets. Conversely, a weaker-than-expected employment report could raise expectations for a rate cut, weakening […]