Gold and silver rates today: Gold and silver rates today traded within a narrow range on Wednesday, March 18, on expectations around the Federal Reserve’s rate-cut trajectory against rising inflation risks stemming from the conflict in the Middle East. Spot gold rate today was trading marginally higher at $5,012 per ounce, while spot silver was…
Precious metals, which had shown a limited reaction to the ongoing US-Israel conflict with Iran, witnessed strong buying in Tuesday’s session, largely driven by a drop in the US dollar as investors turned their attention to central bank meetings, making dollar-priced commodities more attractive for other currency holders. The April futures contract on COMEX gold…
Gold and silver rates today: Gold and silver rates today remained a little unchanged on Tuesday, March 17, after the US dollar weakened, while traders assessed efforts to contain a potential oil supply shock triggered by the conflict in the Middle East. Spot gold rate today was trading marginally higher at $5,008 per ounce; meanwhile,…
Gold and silver rates today: Gold and silver rates today were trading mixed on Monday, March 16, as tensions in the Middle East entered the third week. Spot gold rate today fell more than 1% during early Asian trading hours, slipping below the $5,000 level. The yellow metal touched an intraday low of $4,971.30 on…
The demand for gold and silver has largely remained subdued throughout this week as a strengthening US dollar and concerns over a delay in US interest rate cuts have capped prices, even as tensions in the Middle East remained elevated. The April futures contract on COMEX gold dropped $59 to the day’s low of $5,066…
Gold and silver rates today: Gold prices were trading marginally lower on Thursday, March 12, while the silver rate today edged higher after the release of monthly US inflation data dampened expectations of interest rate cuts by the Federal Reserve, even as the conflict in the Middle East continues. Spot gold rate today fell 0.39%…
Gold and silver rates today: Gold and silver rates today opened in a negative territory on Wednesday, March 11, after remarks from US officials regarding the Middle East conflict, which has heightened volatility in energy markets. Spot gold rate today was down marginally; however, it remained above the $5,200 level. The yellow metal was trading…
Gold and silver rates today: Safe-haven bullions gold and silver rates today witnessed a rebound on Tuesday, March 10, after the US dollar weakened following remarks by Donald Trump suggesting that the war with Iran could be nearing its end. Spot gold rate today was up 1% to $5,145 per ounce, while spot silver prices…
Precious metals traded with minor losses in Monday’s session, 9 March, as a stronger dollar capped gains, even as tensions in the Middle East remained high. The April futures contract on COMEX gold dropped $80 to the day’s low of $5,012 per troy ounce, erasing all of the previous session’s gains. The contract had finished…
US-Iran war: Crude oil prices surpassed $100 a barrel for the first time since 2022. Meanwhile, safe haven assets gold and silver rates today crashed up to 3% on Monday, March 9, amid escalating tensions in the Middle East. Brent crude oil climbed 15% to around $107 per barrel, extending last week’s sharp 28% rally….
