NEW DELHI: Gold scaled a record high moving further above $2,100 in a rally sparked by growing bets for a US interest rate cut in June and on safe-haven demand due to the conflict in the Middle East, says Manav Modi, Analyst, Commodity and Currency, Motilal Oswal Financial Services.

NEW DELHI: The global demand for gold fell by 6 per cent to 1,147.5 tonnes during the third quarter of 2023 amid slowing demand for bars and coins and reduced buying from central banks, according to the World Gold Council’s (WGC) report released on Tuesday.

CHENNAI: Gold has turned into a more bankable asset and its prices going up as several American banks are going down, say experts.

CHENNAI:Gold prices are expected to touch Rs 60,000/10 grams 24-carat shortly with the rates touching Rs 58,550 on Monday, a top official of Madras Jewellers and Diamond Merchants Association said.