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Gold price tumbles Rs 1,800/10 grams, silver slips below Rs 2.21 lakh/kg. What's next?
Gold and silver prices tumbled over 1% on Tuesday, driven by Middle East tensions and anticipated US Federal Reserve rate hikes to combat inflation. International spot gold saw its biggest monthly drop since 2008. Investors are closely watching upcoming US economic data for clues on the Fed's next move, with analysts expecting continued volatility.
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economictimes.indiatimes.com
Gold prices dip to Rs 1.43 lakh/10 grams, silver below Rs 2.23 lakh/kg. What lies ahead?
Gold and silver prices traded lower on MCX on Monday as renewed Middle East tensions and expectations of further US Federal Reserve rate hikes pressured the non-yielding precious…
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newsbytesapp.com
Gold, silver prices seeing a decline today: What's the reason?
Gold and silver rates on MCX dropped as escalating US-Iran tensions pushed oil prices higher, raising inflation concerns and fueling speculation of a potential US Fed rate hike.
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Gold set for fourth monthly fall on bets of Fed rate hikes
Gold prices tumbled over 1% on Tuesday, heading for a fourth consecutive monthly drop. Shifting from Middle East concerns, the market now anticipates U.S. interest rate hikes to…
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Gold price tumbles Rs 1,800/10 grams, silver slips below Rs 2.21 lakh/kg. What's next?
Gold and silver prices tumbled over 1% on Tuesday, driven by Middle East tensions and anticipated US Federal Reserve rate hikes to combat inflation. International spot gold saw…
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straitstimes.com
Gold faces biggest monthly drop since late 2008 on US rate hike bets
Spot gold has shed 12.1 per cent so far in June in what could be its fourth consecutive monthly fall. Read more at straitstimes.com. Read more at straitstimes.com.
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Gold poised for biggest monthly drop since 2008 amid Fed rate hike expectations
Gold prices are experiencing a significant monthly drop, nearing their largest decline since 2008. This downturn is driven by expectations of Federal Reserve interest rate hikes…