Gold surges as Middle East tensions spur safe-haven rush

[ Gold prices rose above $2,400 per ounce to an all-time high on Friday, heading for their fourth week of gains, as growing tensions in the Middle East prompted investors to seek refuge in the safe-haven assets. Spot gold eased 0.8% to $2,353.35 per ounce as of 1:40 p.m. ET (1740 GMT), taking a breather … Read more

Gold surges Rs 800 to hit record high of Rs 65,000 per 10 grams

[ NEW DELHI: Gold prices on Tuesday surged Rs 800 to hit a fresh record high of Rs 65,000 per 10 grams in the national capital amid strong global trends, according to HDFC Securities.In the previous close, the precious metal had closed at Rs 64,200 per 10 grams.Silver also rallied Rs 900 to Rs 74,900 … Read more

Gold rises as Fed rate-cut prospects dent dollar, bond yields

[ Gold prices extended gains to a one-week high on Thursday after the US Federal Reserve flagged an end to its tightening cycle and signalled lower borrowing costs in 2024, sending the dollar and Treasury yields tumbling. Spot gold was up 0.2 per cent at USD 2,031.28 per ounce, as of 0130 GMT, after rising … Read more