Gold yesterday settled down by -1.34% at Rs 142167 as a rebound in oil prices heightened inflation concerns and reinforced expectations for prolonged higher interest rates. Fed officials Beth Hammack and Thomas Barkin supported further interest rate increases and advocated Read More …
Gold settled 0.34% higher at Rs 1,52,981, buoyed by short covering as investors recalibrated their positions in the wake of the US Federal Reserve’s initial rate hike in three years. The dollar retreated from a seven-week high following the decision Read More …
Gold settled down 0.21% at Rs 162,882, influenced by profit-taking and a stronger dollar in anticipation of the U.S. Personal Consumption Expenditures inflation data and Federal Reserve Chair Kevin Warsh’s comments at the Jackson Hole symposium. Despite the recent short-term Read More …
