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 0.91% higher at Rs 150,390, buoyed by a softer-than-anticipated US inflation report that diminished expectations for a Federal Reserve rate hike in October. US inflation increased at a rate below expectations in August, with revisions to prior month 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 prices concluded the trading session with an increase of 1.02%, reaching Rs 143,232. This uptick was bolstered by a depreciating U.S. dollar, as market participants assessed the Federal Reserve’s recent monetary policy stance alongside escalating geopolitical tensions in the Read More …
