Gold settled 0.27% higher at Rs. 1,42,552 on Thursday in a light trading session due to Diwali, recovering on short covering after recent losses driven by rising oil prices, inflation concerns, and expectations of tighter monetary policy. Federal Reserve officials 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 0.52% lower at Rs. 139,452, as energy-driven inflation concerns and expectations of further Federal Reserve monetary tightening exerted downward pressure on prices ahead of the US midterm elections. Comments from three Federal Reserve officials advocating for further rate 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 down 0.3% at Rs 143,705, influenced by expectations of tighter monetary policy and a stronger currency, as investors evaluated geopolitical developments in the Middle East. The US Federal Reserve maintained interest rates at 3.75%-4.00% in October after a 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 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 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 …
Gold settled down 0.68% at Rs 1,49,103 as a stronger dollar and renewed expectations of further Federal Reserve tightening exerted downward pressure on prices. Minutes from the September 15-16 FOMC meeting indicated that a majority of policymakers viewed an additional Read More …
