Gold rate today: Amid no signs of de-escalation in the US-Iran war, the MCX gold rate today opened flat but sustained above. ₹₹1,60,000 per 10 gm. Gold price today opened marginally lower at ₹1,60,251 per 10 gm and touched an intraday low of ₹1,59,764, logging an intraday loss of ₹Rs.507 per 10 gm. However, the…
Gold and silver rates today: After the release of the January US CPI data on Friday, which showed a 0.30% rise in US inflation against the December US CPI data, the US Dollar Index came under pressure amid profit-booking. The US Dollar Index finished marginally lower at 96.82, erasing all the intraday gains. This weakness…
Gold, Silver Rates Today Live: Extending the downside trend for the second straight session on Friday, the COMEX gold, silver rates today witnessed a technical breakdown within a few minutes of the Opening Bell. The COMEX gold rate today broke below the crucial $4,750/oz support and made an intraday low of $4,671.74 per ounce. Likewise,…
Gold, Silver Rates Today: Extending the downside trend for the second straight session on Friday, the COMEX gold, silver rates today witnessed a technical breakdown within a few minutes of the Opening Bell. The COMEX gold rate today broke below the crucial $4,750/oz support and made an intraday low of $4,671.74 per ounce. Likewise, the…
China’s renewed push to internationalise the yuan could mark a decisive moment in the global monetary order, according to Peter Schiff, Chief Economist and Global Strategist at Europac.com. In a wide-ranging interview with Rick Sanchez, Schiff argued that Beijing’s latest announcements — expanding currency swap agreements, promoting oil trade in yuan, and building a cross-border…
The Indian rupee hit a record low of near 92.00 against the US dollar in early trade on Thursday amid broad weakness across Asian currencies as the greenback recovered. The Indian rupee opened at a low of 91.99 per US dollar as against its previous close of 91.78 level. Sustained outflows of foreign capital flows…
The US dollar has witnessed heightened volatility this week amid uncertainty and unpredictable US policymaking. The dollar is poised for its worst week since June as unpredictable US policymaking weighed on the currency. The dollar index, which measures the US currency against six units, was at 98.366 after dropping 0.58% in the previous session, on…
Silver rate today: Following strength in the US Dollar, the trigger for the US Fed rate cut buzz after improved US unemployment data and easing in US-Iran tensions, metal prices came under selling pressure last week. Among bullion, the silver price today is about 5.50% below its record high of $93.700 per ounce. This could…
