gold and silver prices

Diwali 2024 gold and silver price prediction: Will precious metal prices shine this festive season?

by
Diwali 2024 gold and silver price prediction: Will precious metal prices shine this festive season?

Predicting the outlook for gold prices is always challenging, considering the influence of multiple factors that can trigger unpredictable shifts. However, as we approach Diwali 2024, which is towards the end of the year, expert analysis and market trends suggest that gold prices show promising prospects. The US Dollar’s strength can also influence gold prices, … Read more

Gold plunges 5%, silver drops 7% as stocks soar on Covid-19 vaccine euphoria

by
Gold plunges 5%, silver drops 7% as stocks soar on Covid-19 vaccine euphoria

Gold slumped more than 5% on Monday as news of the first successful late-stage COVID-19 vaccine trials prompted investors to dump safe-haven bullion and flock to riskier assets. Spot gold was down 4.9% at $1,854.44 per ounce by 10:11 p.m. IST, while US gold futures slid 4.9% to $1,855.30. Spot prices beat a sharp retreat … Read more