Tag: Gold Price
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FTSE 100 inches lower as gold cools and defence stocks retreat amid Gaza ceasefire prospects
FTSE 100 trades lower as gold eases and defence names pull back The London stock market edged lower on Friday, with the FTSE 100 drifting around the 9,500 level as gold prices retreated from recent highs and defence stocks came under pressure amid softer Middle East tensions. By mid-morning, the Footsie sat about 11 points…
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Wall Street Edges Higher as AI Rally Lifts Markets and Gold Reaches New Records
Wall Street climbs as AI optimism fuels a broad rally U.S. stocks moved higher on Wednesday, building on recent gains as investors weighed a mix of AI-driven enthusiasm, earnings outlooks, and ongoing inflation concerns. The S&P 500 advanced about 0.4%, putting it on track to surpass its record Monday peak, while the Dow Jones Industrial…
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Gold Surges Past Record $4,000 as Uncertainty Fuels Rally
Gold climbs to record highs as investors seek safety Gold has surged to new record levels, breaking the $4,000-an-ounce barrier as traders weigh global political and economic uncertainty. Spot gold traded above $4,011 an ounce in Asia on Wednesday, while gold futures reached a similar level, underscoring robust demand for the precious metal as a…
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Gold Price Surge Triggers Consumer Backlash in Sweden
Gold price surge drives market scrutiny Sweden is currently witnessing a surge in consumer complaints tied to a rapidly rising price for gold. Over the past year, the price of the precious metal has climbed by about 45%, and the market remains highly active. As the price hovers around $3,885 per ounce, more buyers are…
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Gold Price Surge Triggers Consumer Complaints in Sweden
Gold Price Surge Triggers Consumer Complaints in Sweden The latest data from Konsumentverket shows a notable rise in complaints as the price of gold climbs. So far this year, 46 complaints have been filed, more than the 27 registered for all of 2024 and the 10 logged the year before. Many cases allege misleading marketing…
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Gold Price Dips: Per Tola Falls Rs 880 as Investor Demand Shifts
Market Snapshot: Gold Price Movements in the Domestic Market Gold prices in the domestic market have shown notable volatility as global demand for the precious metal continues and investors seek safe haven assets. The latest session highlights a two‑step movement: a rise yesterday followed by a dip this morning, underscoring the sensitivity of gold to…
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Gold Price Fluctuations: Global Demand Pushes Tola and Gram Higher
Global Demand Fuels Gold Price Movements Gold, often viewed as a safe-haven asset, continues to react to a mix of global risk signals and local market dynamics. International investors have been piling into precious metals to protect wealth amid inflation concerns, currency volatility, and geopolitical uncertainty. As demand for gold rises on the world stage,…
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Gold Price Drops Today in Chennai: Tola and Gram Rates Dip
Today’s Update: Gold Price in Chennai Edges Lower Gold prices in Chennai showed a fresh pullback today after climbing to new highs in recent sessions. The market for ornamental gold in the city saw the tola price slip by 560 rupees to 87,040, while the price per gram declined by 70 rupees to 10,880. This…
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Gold Price in Tamil Nadu Dips on Aug 2: 22K Gold at Rs 87,040 Per Sovereign
Aug 2: Tamil Nadu Gold Price Update Gold price in Tamil Nadu edged lower on Aug 2 after a recent stretch of gains, as international investors continued to seek safe-haven assets. The 22-karat jewelry gold rate stood at Rs 87,040 per sovereign, with the price per gram at Rs 10,880. The day also saw silver…
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Gold Price Update: Chennai Today Sees Dip After Fresh Highs
Overview: Gold Price in Chennai Today Gold price in Chennai today showed a notable turn after a stretch of climbing to fresh highs. Jewellery gold in the city is at Rs 87,040 per tola, down Rs 560 from yesterday. The corresponding rate for gold per gram stands at Rs 10,880, down Rs 70. Silver prices…