Gold Hits Life-Time High

Gold hits Rs. 64,000 per 10gm, fuelled by Jerome Powell's speech hinting at a potential US Fed rate cut.  Read More>>

Domestic Gold Peaks

Gold futures on MCX reach a historic ₹64,000/10 gm, driven by the US Fed rate cut speculation, before retracing from the new highs.

Silver Joins the Rally

Silver prices surge on MCX, opening at ₹78,450/kg, reaching an intraday high of ₹78,549/kg in tandem with the gold market's upward momentum.

US Fed Rate Cut Expectations

Market speculates a US Fed rate cut by March 2024, impacting bond yields and US dollar rates. Gold benefits from the resulting pressures.