Gold settled sharply higher by 2.21% at Rs 155775, supported by a retreat in the US dollar and Treasury yields after dovish comments from Federal Reserve officials reduced expectations of an immediate rate hike. Fed Governor Christopher Waller indicated that Read More …
Gold concluded the trading session with a 0.44% increase, reaching Rs 152,402, as the U.S. dollar and Treasury yields eased from their recent peaks. This development bolstered demand for the safe-haven asset, while market participants looked ahead to the U.S. Read More …
Gold settled sharply lower by 1.71% at Rs 156,281 as traders heightened their expectations of a Federal Reserve rate hike in light of Chair Kevin Warsh’s remarks regarding ongoing inflationary pressures. Warsh underscored that inflation has not significantly abated, with Read More …
Gold settled down 0.42% at Rs 158,996 as investors evaluated new US economic data for insights regarding the Federal Reserve’s interest-rate trajectory. The US PCE price index experienced an increase of 0.2% in July, surpassing the anticipated figure of 0.1%. Read More …
Gold settled 0.49% higher at Rs 163,229, buoyed by a weaker dollar following the U.S. Treasury Department’s announcement of its buyback support plan. Investors are closely monitoring forthcoming U.S. inflation data and commentary from the Federal Reserve for insights into Read More …
Gold settled 1.89% higher at Rs.162,438, buoyed by a weaker dollar as investors scrutinised the potential impact of the US Treasury’s expanded bond-buyback program on market confidence. Treasury Secretary Scott Bessent indicated that the government may further increase Treasury repurchases Read More …
Gold settled 0.9% higher at Rs 159,425, buoyed by an unexpected liquidity manoeuvre from the US Treasury that resulted in lower bond yields and a weaker dollar. However, the ascent was tempered by increasing oil prices and assertive signals from Read More …
Gold concluded the trading session with a 2.42% increase, reaching Rs 157,996, buoyed by a declining US dollar and a reduction in global bond yields. Market participants are now looking ahead to the forthcoming Federal Reserve meeting minutes for insights Read More …
As surging oil prices heightened concerns about inflation and drove up U.S. Treasury yields—the 30-year yield hit a nearly two-decade high—gold fell 1.08% to Rs 154,262. Crude prices surged to their highest level in over two weeks, driven by expectations Read More …
Gold settled 0.93% higher at Rs 155,940, buoyed by a weaker US dollar and diminished expectations regarding a Federal Reserve interest-rate increase in September. An unexpected decline in US nonfarm payrolls in July, coupled with mild consumer inflation, has diminished Read More …
