investor caution
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Business
Gold Prices Stable as Indian Market Watches Global Trends
Gold prices stayed stable on Tuesday, with spot gold at $2,735.96 per ounce, slightly lower than last week’s peak of $2,790.15. In India, 24-carat gold stands at ₹8,024 per gram, while 22-carat is ₹7,355 per gram. The Multi Commodity Exchange reported a small drop in December futures for gold, with a 0.13% decrease at ₹78.20 per 10 grams. Factors like…
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Business
Gold Rates Decline in India Amid U.S. Election and Fed Uncertainty, Check the Rates
Gold prices saw a notable drop in the domestic futures market on Monday as investors exercised caution ahead of two major events this week—the U.S. election and the Federal Reserve’s policy announcement. These events are expected to significantly impact the U.S. dollar, bond yields, and gold prices in the near future. On the Multi Commodity Exchange (MCX), gold futures for…
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