Sensex
81,118.60 profit arw -573.38 (-0.70%)
Nifty
24,718.60 profit arw -169.60 (-0.68%)
Nasdaq
18,355.20 profit arw -497.09 (-2.64%)
logo img

GET IN TOUCH

GET IN TOUCH

Refresh Captcha
Equity

As on : 20-Aug-2024
Other Markets - Bullion Markets
20-Aug-2024     13:43

Global gold prices surge to records, India trails behind

Gold traded around $2,500 per ounce on Tuesday, holding near record levels as investors flocked to its safe-haven appeal. In India, MCX October gold futures climbed to Rs 71,830 per 10 grams, up Rs 246, though still over Rs 3,000 below their all-time highs. The market is on edge, awaiting Federal Reserve signals on interest rate cuts, with Fed Chair Jerome Powell's upcoming Jackson Hole speech and Wednesday's FOMC minutes expected to provide crucial hints. Meanwhile, global bullion prices continue to break new records, driven by a weakening US dollar and geopolitical tensions, including ceasefire efforts in Gaza.

Powered by Capital Market - Live News

INDIAN INDICES

Sensex

81,118.60 -573.38 (-0.70%)

Nifty

24,718.60 -169.60 (-0.68%)

GLOBAL INDICES

USD

85.75 0.06 (0.95%)

NASDAQ
HANG SENG

23,892.57 -142.82(-0.59%)