Tag: gold price today

The safe-haven assets hit lower circuit levels in futures trade on Sunday. (AFP)
Posted in Business

Gold, silver prices drop sharply ahead of Budget speech, hit lower circuit| Business News

Gold and silver prices saw a sharp drop ahead of the Union Budget 2026 presentation by Finance Minister Nirmala Sitharaman. The safe-haven assets hit lower…

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The price of safe-haven asset gold surpassed 5,000 USD, hitting a record amid rising global uncertainty. (AFP)
Posted in Business

In a first, gold price breaches past $5,000 amid Trump-fuelled global tensions| Business News

Gold soared past $5,100 an ounce on Monday, reaching a new record for the first time as more investors turned to the safe-haven asset amid…

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Ignore gold's message at your peril
Posted in Economy

Ignore gold's message at your peril

Gold emerged as a top performer in 2025, a year marked by significant global financial market turmoil. This surge in gold’s value is linked to…

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Gold is on track for its best annual performance since 1979. (AFP)
Posted in Business

Gold rises to all-time high for 50th time in 2025 on rate-cut bets, Venezeula risk| Business News

Gold prices rose to an all-time high for the 50th time this year, asinvestors weighed escalating geopolitical tensions and the prospects for more US rate…

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Gold has consolidated above the $4,000-an-ounce level since pulling back from its peak. (AFP)
Posted in Business

Gold poised for fourth monthly gain on US Fed rate-cut optimism| Business News

Gold rose, on track for a fourth monthly gain, on heightened expectations for another interest-rate by the US Federal Reserve. Silver advanced to within a…

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Gold has still gained more than 50% this year despite the recent pullback, and remains on course for the best annual gain since 1979. (Bloomberg)
Posted in Business

Gold holds three-day decline as expectations of another US Fed rate cut weaken| Business News

Gold prices held a three-day drop, hurt by fading expectations for another rate cut by the US Federal Reserve next month. Gold has still gained…

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Gold is still up about 55% this year and remains on target for its best annual performance since 1979. (AFP)
Posted in Business

Gold prices steady after two days of losses on dwinding US Fed rate cut bets| Business News

Bullion steadied following two days of losses that were spurred by fading optimism the US Federal Reserve will cut interest rates next month. Gold is…

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Gold prices are still up by more than 50% in 2025 as the fundamentals that pushed gold higher are expected to remain in place. (Unsplash)
Posted in Business

Gold prices dip below $4,000/ounce after China ends some tax incentives| Business News

Gold dipped below $4,000 an ounce after China ended a long-standing tax rebate for some retailers, a change that could weigh on demand in one…

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Higher interest-rates tend to pose a headwind for non-yielding gold. (AFP)
Posted in Business

Gold price rises amid conflicting views on more US Fed rate cuts in 2025| Business News

Gold staged a partial recovery following a run of losses as traders weighed conflicting views from the US Federal Reserve on chances of more rate…

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Even after the pullback, the gold rate still up about 50% this year. (Bloomberg)
Posted in Business

Gold prices steady after three-day drop on US Fed rate cut bets| Business News

Gold steadied after a three-day selloff, with buyers buying the dip ahead of an expected interest-rate cut by the US Federal Reserve. Even after the…

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