Gold settled 0.6% higher at Rs. 144,095, buoyed by a weaker US dollar and declining Treasury yields in the aftermath of the US midterm elections. Additionally, a significant correction in crude oil prices alleviated inflation concerns and tempered expectations for Read More …
Gold settled sharply higher by 2.71% at Rs. 143,234, supported by a weaker as Democrats secured early victories in the US midterm elections, increasing political uncertainty and weighing on the greenback. Investors are now awaiting US non-farm payrolls data for Read More …
Gold settled 1.23% higher at Rs. 1,40,186 per 10 grams, supported by a decline in prices that eased inflation concerns, while investors focused on the upcoming US midterm elections and their potential implications for fiscal policy. However, the upside remained Read More …
Gold settled 0.77% lower at Rs. 142,596, influenced by ongoing inflation concerns and anticipations of additional US interest rate increases. The Federal Reserve kept interest rates unchanged but maintained the possibility of a December hike, with traders pricing in nearly Read More …
Gold settled 0.9% lower at Rs. 142,024 as rising prices and stronger-than-expected US consumer and producer inflation reinforced expectations of prolonged elevated Federal Reserve interest rates, exerting downward pressure on bullion. While the Federal Reserve is anticipated to maintain its Read More …
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 …
