Gold Prices Face Near-Term Pressure but Outlook Remains Bullish, Say Analysts
Gold prices declined to their lowest levels in over a week on Wednesday, weighed down by a stronger U.S. dollar and rising Treasury yields
Gold and Silver Prices Plunge Amid Mounting Economic Concerns
Gold and silver prices experienced a sharp decline on Monday, driven by growing economic concerns and a global market sell-off. The precious metals, which had recently reached new highs, are now grappling with volatility as investors react to weakening economic data and recession fears
Gold and silver prices experience decline on MCX
The precious metals market observed a notable downturn as both gold and silver prices experienced a dip on the Multi Commodity Exchange (MCX)
Weddings, Lower Prices Drive Up India's Q1 Gold Jewellery Demand: WGC
According to World Gold Council’s (WGC’s) latest Gold Demand Trends report, India’s Q1 demand for gold grew 37% to 140 tonnes compared to Q1 2020 (102 tonnes) buoyed by factors such as lower gold prices
US Market Treading Cautiously
While the gloom of 2008 and 2009 seems to have lifted a bit, economic indicators suggest that it will take a long time for the economy to shake off the effects of the recession. In these circumstances, caution is still the watchword for the jewellery indu
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