Gold soared 27% last year, fueled by monetary easing, safe-haven demand, and robust central bank buying. However, the rally stalled in November as the dollar strengthened after the US election.
Commissions do not affect our editors' opinions or evaluations. The price of gold today, as of 8:17 am ET, was $2,655 per ounce. That’s down 0.11% from yesterday’s gold price of $2,658.
The price of gold depends on several factors including currency, global developments, interest rates etc. If the rupee weakens against US dollar, the price of gold will go up. Gold price is also ...