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[BENGALURU] Gold prices edged higher on Tuesday (Oct 21) to hover near all-time highs, as strong safe-haven demand and hopes of further interest rate cuts from the US Federal Reserve boosted demand for the precious metal. Spot gold was up 0.2 per cent at US$4,363.58 per ounce, as at 9.06 am, having hit a record high of US$4,381.21 on Monday. US gold futures for December delivery added 0.5 per cent to US$4,379 per ounce. The US government shutdown stretched to its 20th day on Monday, after sen ...Read More >
New Delhi, Oct 20 (SocialNews.XYZ) Gold prices rose on Monday morning on the Multi-Commodity Exchange (MCX), supported by strong spot demand and a weaker US dollar. During the early trade, MCX Gold December futures were trading 0.78 per cent higher at Rs 1,28,005 per 10 grams, while Silver December contracts gained 0.41 per cent to Rs 1,57,240 per kg. The recovery in gold came after a steep fall in the previous session, as global investors had booked profits following US President Donald Trump ...Read More >
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