As of 9:40 a.m. ET (1340 GMT), spot gold increased by 0.4% to $2,391.10 per ounce, following a record high of $2,431.29 reached on Friday. Meanwhile, U.S. gold futures dipped slightly by 0.1% to $2,405.40.
1 min read17 Apr 2024By 09:26 ET (1326 GMT), spot gold had decreased by 0.2 per cent to $2,376.90 per ounce. Notably, the precious metal had reached a historic high of $2,431.29 on Friday, fueled by anticipation of Iran's retaliatory actions against Israel.
2 min read16 Apr 2024Goldman Sachs has raised its gold price forecast to $2,700 per ounce by year-end as against a target of $2,300 previously as it believes the yellow metal is in an unshakeable bull market.
2 min read15 Apr 2024The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared