Mcx Live News

Gold prices were steady on Friday, as bullion’s appeal as an inflation hedge was partially capped by hawkish comments from a U.S. Federal Reserve official that ramped up odds for a hefty interest rate hike next month and also lifted Treasury yields. Spot gold held its ground at $1,825.62 per ounce, as of 0328 GMT, Read More

Gold prices were stuck in a tight range on Thursday as investors awaited U.S. inflation data that could offer fresh clues about the pace of the Federal Reserve’s monetary policy tightening. Spot gold rose 0.1% to $1,833.99 per ounce by 0424 GMT, trading close to Wednesday’s high of $1,835.60. U.S. gold futures fell 0.1% to $1,835.40. Due out Read More

Gold prices rose on Monday, as growing worries over broadening price pressures lifted the metal’s appeal as an inflation hedge and helped cushion pressure from higher U.S. Treasury yields after a surprisingly upbeat jobs report. Spot gold rose 0.2% to $1,810.38 per ounce by 0129 GMT, hovering close to its highest nearly a week reached last Read More

Gold was steady on Wednesday above the $1,800 psychological level as concerns surrounding Ukraine supported the safe-haven metal, while investors awaited U.S. jobs data that is considered key for the Federal Reserve’s tapering timeline. Spot gold held its ground at $1,801.25 per ounce, as of 0102 GMT. In the previous session, bullion touched $1,805.43 as Read More

Gold prices were flat on Tuesday, as a weaker dollar countered concerns about potential interest rate hikes, while investors waited for a slew of economic data to gauge the strength of global economies. Spot gold was little changed at $1,797.94 per ounce by 0140 GMT. U.S. gold futures were up 0.2% at $1,799.10. The dollar index Read More

Gold was flat on Friday and set for its sharpest weekly decline since November, as markets digested the U.S. Federal Reserve’s policy tightening policy plan that led to a surge in dollar and Treasury yields. Spot gold was unchanged at $1,797.71 per ounce by 0532 GMT. U.S. gold futures was up 0.2% at $1,798.80. The Read More

Gold prices on Thursday steadied near a two-month high hit in the previous session, with higher U.S. Treasury yields preventing any gains amid caution building around developments at the U.S. Federal Reserve’s meeting due next week. Spot gold was flat at $1,839.36 per ounce as of 0031 GMT, steadying near its highest since Nov. 22. Read More

Gold prices eased on Tuesday, pressured by higher U.S. Treasury yields, as investors looked for clues about the Federal Reserve’s interest rate hike timeline from its policy meeting next week. Spot gold fell 0.1% to $1,817.11 per ounce by 0414 GMT. U.S. gold futures were little changed at $1,816.20. Global investor attention remains fixed on Read More

Gold prices on Friday were poised for their best weekly gain since last November, as investors await economic data that could provide clarity about U.S. Federal Reserve’s tapering policy, while a weaker dollar and Treasury yields supported bullion. Spot gold was flat at $1,820.08 per ounce, as of 0048 GMT. U.S. gold futures edged down Read More

Gold prices held steady near a one-week high on Wednesday, as traders kept an eye out for U.S. inflation data for rate clues after less hawkish comments from the Federal Reserve chief fuelled a bullion rally in the previous session. Spot gold was little changed at $1,819.90 per ounce by 0634 GMT, after scaling a near Read More

Gold prices rose on Tuesday, supported by a weaker U.S. dollar and Treasury yields, as traders awaited December inflation data and weighed bets for quicker interest rate hikes. Spot gold rose 0.3% to $1,805.98 per ounce by 0535 GMT. U.S. gold futures were up 0.4% to $1,805.40. “Pullback in both the U.S. dollar and 10-year treasury Read More

Gold prices rose on Tuesday as demand for the safe-haven metal was boosted by worries over a surge in COVID-19 cases of the Omicron variant that could threaten global economic recovery. Spot gold was last up 0.8% at 1,814.45 per ounce by 13:54 ET (1854 GMT). U.S. gold futures settled up 0.8% at $1,814.60. The year Read More

Gold inched up on Tuesday, after a spike in U.S. bond yields spurred by bets of earlier-than-expected interest rate hikes by the Federal Reserve led to bullion’s worst sell-off in six weeks in the previous session. Spot gold was up 0.2% at $1,804.46 per ounce by 0345 GMT, after prices hit a more than one-month high Read More

Gold prices marked their biggest yearly decline since 2015, hemmed in by a resurgent dollar as investors prepared to usher in a new year in which the money supply could be tightened even as the threat of the Omicron coronavirus variant lingers. Fundamentals Spot gold was last up 0.4% at $1,822.11 per ounce by 11:13 Read More

Gold prices steadied on Wednesday as a weaker dollar helped offset pressure from rising U.S. Treasury yields and growing appetite for riskier assets. Spot gold was flat at $1,804.56 per ounce. U.S. gold futures settled down 0.3% at $1,805.80. The dollar index fell 0.2% to a near one-month low against its rivals, making gold less Read More

Gold prices steadied on Wednesday as a weaker dollar helped offset pressure from rising U.S. Treasury yields and growing appetite for riskier assets. Spot gold was flat at $1,804.56 per ounce. U.S. gold futures settled down 0.3% at $1,805.80. The dollar index fell 0.2% to a near one-month low against its rivals, making gold less Read More

Gold held steady on Tuesday at near one-week high hit in the previous session as the U.S. dollar and Treasury yields, key influences on bullion prices, were largely flat. Fundamentals Spot gold was mostly flat $1,810.76 per ounce by 0048 GMT. U.S. gold futures were up 0.2% at $1,811.70. Benchmark U.S. Treasury yields and the Read More

Gold prices inched higher on Monday, staying above the key $1,800 per-ounce level, as slightly weaker U.S. Treasury yields offset an uptick in the dollar. Spot gold rose 0.2% to $1,811.31 per ounce by 0145 GMT. U.S. gold futures were little changed at $1,812.00. Benchmark U.S. Treasury yields edged down from their highest in more Read More