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 …
Gold concluded the trading session with a 0.68% increase, reaching Rs 154,506. This uptick was bolstered by a depreciating US dollar and diminished anticipations regarding a Federal Reserve rate increase, following inflation data from the US that largely met expectations. Read More …
Gold prices settled lower by 0.91% at Rs 153,466, reflecting ongoing profit-taking pressure following US inflation data that diminished expectations for an imminent Federal Reserve rate hike. The US Consumer Price Index inflation rate decreased to 3.4% year-on-year in July, Read More …
Gold prices exhibited a mixed performance on the MCX on Monday. Silver continued its recent upward trajectory, while gold prices experienced a slight decline as investors took the opportunity to realise profits after a significant increase the previous week. Attention Read More …
Gold prices commenced higher for the third consecutive session on the MCX on Thursday, buoyed by a depreciating U.S. dollar, declining Treasury yields, and softening oil prices, amidst increasing optimism regarding the reopening of the Strait of Hormuz. In the Read More …
Gold prices extended gains on the MCX for a second consecutive session on Wednesday, as oil prices declined for a third straight day, alleviating inflation concerns. Investors are currently anticipating the forthcoming U.S. jobs data for new insights regarding the Read More …
