Gold settled 0.29% higher at Rs 147,918, buoyed by a weaker dollar as investors evaluated the US Federal Reserve’s monetary policy outlook. Fed Chair Warsh did not indicate the outcome of the forthcoming FOMC meeting, while asserting that stronger-than-anticipated inflation Read More …
Gold closed 1.13% higher at Rs. 147,489 as investors evaluated the likelihood of additional Federal Reserve rate hikes and the currency and US Treasury yields continued to be under pressure. In September, US consumer prices experienced an uptick, primarily propelled Read More …
Gold settled sharply lower by 1.75% at Rs 145,848, influenced by stronger-than-expected US inflation data that bolstered expectations of a more stringent Federal Reserve monetary policy. In September, the year-on-year US CPI inflation rose to 3.7%, exceeding the expected 3.6%. Read More …
Gold settled 0.73% lower at Rs. 148,450, declining by Rs. 1,093 as the US dollar climbed to an 18-month high ahead of key inflation reports that could influence the Federal Reserve’s monetary policy outlook. Stronger inflation readings may bolster expectations Read More …
Gold settled down 1.29% at Rs 149,543, influenced by a robust US dollar that hovered close to an 18-month peak, as investors anticipated crucial US inflation data, encompassing consumer and producer price reports, in addition to retail sales figures. Stronger-than-expected Read More …
As markets evaluated the prospects for Federal Reserve monetary policy, cooling crude oil prices and a declining US dollar helped gold close 1.26% higher at Rs. 151,499, up Rs. 1,889. Concerns regarding disruptions in Middle East supply have diminished following Read More …
Gold settled 0.54% higher at Rs 1,50,120, supported by easing expectations of a Federal Reserve rate hike this month after US job growth slowed more than expected in September and prior-month payrolls were revised lower, although gains remained capped by Read More …
Despite weaker-than-expected US jobs data, gold fell 0.71% to Rs 149,316 as markets assessed the Federal Reserve’s interest-rate outlook. Recent labor-market indicators imply stability, but persistent inflation remains the Fed’s principal concern, raising monetary policy uncertainty, said Chicago Fed President Read More …
Gold settled 0.14% higher at Rs 1,49,036, buoyed by softer-than-expected US inflation data that bolstered expectations for the Federal Reserve to maintain interest rates at their current levels during the upcoming October meeting. The headline PCE price index rose 0.3% Read More …
Gold prices experienced a notable decline of 2.86%, closing at Rs 1,48,897. This drop reflects ongoing selling pressure, driven by increasing oil prices that have intensified inflation worries and bolstered anticipations of additional rate hikes by the Federal Reserve. The Read More …
