International Gold Price

Gold falls after scaling record peak as markets digest Fed Chair Powell’s comments

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Gold falls after scaling record peak as markets digest Fed Chair Powell’s comments

Gold prices fell nearly 1% on Wednesday, retreating from a record high scaled earlier in the session, as market participants parsed remarks from Federal Reserve Chair Jerome Powell. Spot gold was down 0.9% at $3,658.25 per ounce, as of 3:11 pm EDT (1911 GMT), after hitting a record high of $3,707.40. Prices have risen nearly … Read more

Investing in gold bonds, ETFs or assets? Here’s how you will be taxed in FY25

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Investing in gold bonds, ETFs or assets? Here’s how you will be taxed in FY25

There is no doubt that investment in gold has never faded away despite the good performance of other asset classes. Since February, gold has demonstrated a remarkable yield of approximately 17 per cent. Correspondingly, the commodity’s value has reached unprecedented levels daily in both domestic and global markets, despite an ascent in US Treasury yields. … Read more