Current Gold Prices on MCX: Reason behind today's gold price drop across various cities
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In today's business news, we bring you an insightful article authored by Daksh Grover on ET Now, updated on September 4, 2025, at 11:19 IST. The article delves into various aspects of the market, including gold prices, stocks, and personal finance.
Goldman Sachs predicts a potential 50% rally in gold prices by 2026. However, the gold price today has seen a downturn on the MCX, a trend that has been influenced by strong demand for ETFs and mining trackers, as well as a developing role of gold beyond a safe haven, according to market commentary from Morgan Stanley. The exact cause on MCX was not explicitly identified in the sources.
Meanwhile, a Navratna PSU has fixed a record date for a 50% payment on each share. Unfortunately, the article does not provide specific city-wise gold prices in this paragraph. However, you can check the gold price today city-wise on various platforms.
The stock market is predicted to have a positive opening, and 17 stocks will turn ex-date on September 8 for various events such as dividend, stock split, bonus issue, and right issue. One such stock has returned an impressive 2442% in 5 years and has declared a stock split and dividend with a record date in September.
Stocks to watch today include Varun Beverages, NTPC, Zydus Lifesciences, IHCL, and more. The article also suggests the best 10 stocks to buy after a GST rate cut.
It's important to note that there will be a bank holiday on September 5. The article includes an image from Canva/ET Now for a visual representation of the information.
For the latest business news, stay tuned to ET Now.
Disclaimer: This article is for informational purposes only and should not be taken as financial advice. Always conduct your own research before making investment decisions.
City-wise Gold Prices:
Unfortunately, the article does not provide specific city-wise gold prices in this section.
Gold Price Today:
The gold price today is down on MCX.
News Update: September 5 is a Bank Holiday
There will be a bank holiday on September 5.
Stocks to Watch Today:
Stocks to watch today include Varun Beverages, NTPC, Zydus Lifesciences, IHCL, and more.
Top 10 Stocks to Buy After GST Rate Cut:
The article suggests the best 10 stocks to buy after a GST rate cut.
Image Credit: Canva/ET Now
The article includes an image from Canva/ET Now.
Article Source: ET Now
The article is from ET Now.
Article Author: Daksh Grover
The article is authored by Daksh Grover.
Update Time: 11:19 IST
The time of update is 11:19 IST.
Stock Ex-Date: September 8
17 stocks will turn ex-date on September 8 for various events such as dividend, stock split, bonus issue, and right issue.
Gold Price Prediction 2026: 50% Rally
Goldman Sachs predicts a potential 50% rally in gold prices by 2026.
Gold Price Down on MCX
The gold price is down on MCX as per the article.
Market Commentary: Gold Beyond Safe Haven
The current gold price change on the MCX was influenced mainly by strong demand for ETFs and mining trackers, and a developing role of gold beyond a safe haven, according to market commentary from Morgan Stanley; no specific singular cause on MCX was explicitly identified in the sources.
Positive Stock Market Opening Predicted
The stock market is predicted to have a positive opening.
Record Date for 50% Payment on Each Share
A Navratna PSU has fixed a record date for a 50% payment on each share.
City-wise Gold Prices Not Provided
Unfortunately, the article does not provide specific city-wise gold prices in this paragraph.
Disclaimer: For informational purposes only
Disclaimer: This article is for informational purposes only and should not be taken as financial advice. Always conduct your own research before making investment decisions.
