Negative
20Serious
Neutral
Optimistic
Positive
- Total News Sources
- 1
- Left
- 0
- Center
- 1
- Right
- 0
- Unrated
- 0
- Last Updated
- 5 hours ago
- Bias Distribution
- 100% Center
Gold prices in India experienced fluctuations on September 20, 2024, with futures trading at Rs 73,782 per 10 grams, marking an increase of Rs 344 due to speculative buying and strong demand. The Multi Commodity Exchange (MCX) reflected this trend, with October delivery contracts showing a 0.47% rise. In contrast, the spot price for 24-carat gold in various cities, including Bhubaneswar, indicated a decline, with rates reported at Rs 74,450. Additionally, silver futures saw a slight decrease, trading at Rs 91,000 per kg. Year-to-date, gold remains 16.13% higher compared to the beginning of the year, although demand has dipped by 6% in the second quarter of 2024, particularly in the jewelry segment. Analysts note that geopolitical risks and upcoming U.S. elections could further influence gold's performance in the near term.
- Total News Sources
- 1
- Left
- 0
- Center
- 1
- Right
- 0
- Unrated
- 0
- Last Updated
- 5 hours ago
- Bias Distribution
- 100% Center
Negative
20Serious
Neutral
Optimistic
Positive
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