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Tag: Gold price rises

Gold ETF prices revive as investors flock on higher import duties on yellow metal

Posted on May 13, 2026 By admin
Gold ETF prices revive as investors flock on higher import duties on yellow metal

This image is used for representational purposes only. | Photo Credit: Getty Images/iStockphoto Gold (Exchange Traded Funds) rallied after trading sideways or staying calm for more than 3 months, as higher import duties have made them costly, on Wednesday (May 13, 2026). Gold ETFs, which are mutual-fund-like schemes that track gold prices, were a preferred…

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Gold Prices Surge To Record High Amid Rate Cut Expectations

Posted on July 16, 2024 By admin
Gold Prices Surge To Record High Amid Rate Cut Expectations

Ricardo Evangelista saw gold benefiting “from the weakening of the dollar” (Representational) London: The price of gold soared Tuesday to a record peak, propelled by trader expectations of falling US interest rates in September as inflation cools. In late afternoon London deals, gold soared 1.7 percent to touch $2,463.80 per ounce, crushing its previous pinnacle…

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