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Gold Futures Prices Hits 9-Month High, Buoyed by Geopolitical Worries

Gold futures prices rose to the highest level in nine months on Friday, infiltrated to the $ 1,300 threshold for the first time since Nov 2016 with some investors gravitate towards safe-haven assets on political uncertainty in the United States,

Posted in Commodity, MCX, Stocks Market

Gold Futures Prices Trim Losses But Remain Under Pressure on Rising Risk Appetite

Gold futures contributed to a drop in losses on Wednesday, as US housing data boosted demand for the US dollar, but the precious metal remained under pressure amid a general rise in risk appetite. On the Comex Exchange, gold futures

Posted in Commodity, MCX, Stocks Market

Gold Futures Prices Set for Biggest Weekly Gain Since April Amid Tensions Beween N.Korea and US

Gold futures prices rise on Friday as geopolitical tensions between the United States and North Korea continued to raise demand for safe haven, while inflation data in July weakened expectations and reduced the possibility of a Fed rate hike this

Posted in Commodity, MCX, Stocks Market

Gold Hits Session Highs on Safe-Haven Demand After U.S. Inflation Data Disappoints

Gold prices rose on Thursday to reach their highest levels after data showed that US production prices fell unexpectedly in July, the biggest drop in nearly a year. In addition to demand for safe haven caused by high tension on

Posted in Commodity, MCX, Stocks Market

Gold Prices Spikes 1% on Rising Tension Between US-North Korea

Gold prices in precious metals rose sharply on Wednesday as investors piled up in safe places amid escalating tensions between the United States and North Korea, where Pyongyang said it was considering plans to attack Guam. Comex gold futures jumped

Posted in Commodity, MCX, Stocks Market

Gold Prices Lower on Weak Global Demand; Nonfarm Payroll Data Eyed

Gold futures fell on Thursday as demand from traders fell, as they looked at US employment data to gauge how this affected the Fed’s monetary policy stance. Comex gold futures for August were at $1,265.72 a troy ounce, down $6.10,

Posted in Commodity, MCX, Stocks Market

Gold Futures Little Drop Near 7-Week Highs as Markets Digest U.S. Economic data

Gold futures prices were little changed near a seven-week high on Tuesday as market players beat a major boost in US economic data to gauge the strength of the world’s largest economy and how it would affect the Fed’s monetary

Posted in Commodity, MCX, Stocks Market
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