Gold has been a cherished asset for Indian households, consistently delivering impressive returns compared to other investment options. Even as gold prices touch new highs this year, one wonders when the yellow metal will hit levels of Rs 1 lakh, or even Rs 2 lakh? What does historical data on …
Gold prices rose above $2,400 per ounce to an all-time high on Friday, heading for their fourth week of gains, as growing tensions in the Middle East prompted investors to seek refuge in the safe-haven assets. Spot gold eased 0.8% to $2,353.35 per ounce as of 1:40 p.m. ET (1740 …
Gold rose to a record as indications the Federal Reserve is getting closer to cutting interest rates added impetus to a rally that’s also been driven by geopolitical tensions and robust Chinese demand.Bullion jumped to as much as $2,265.73 an ounce on Monday, up 1.6% from Thursday’s close, after setting …
The per tola rate of 24 karat gold witnessed an increase of Rs.100 and was sold at Rs.229,500 on Wednesday compared to its sale at Rs. 229,400 on the last trading day. The price of 10 grams of 24 karat gold also increased by Rs.86 to Rs.196,760 from Rs. 196,674 …
