Gold Drops as Oil Prices Fuel Inflation Worries and Fed Rate Hikes

Bullions News

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 …

Gold Prices Fall as Strong Dollar and Fed Hawkishness Weigh

Bullions Updates

Gold prices concluded the trading session with a decline of 0.93%, settling at Rs 151,299. This decrease was influenced by a robust dollar and assertive remarks from officials of the US Federal Reserve, which bolstered anticipations of a more stringent Read More …

Gold Prices Fall Amid Middle East Developments Change Market Mood

Bullions Updates

Gold prices settled down 0.83% at Rs 1,53,094 as market participants assessed the implications of escalating tensions in the Middle East on inflation and interest rates. Iran and the US have engaged in a new round of threats, while Standard Read More …

Gold Soars as Treasury Yields Drop from Multi-Year Peaks

Bullions Updates

Gold prices concluded the trading session with a 0.92% increase, reaching Rs 1,54,381. This rise was bolstered by declining oil prices, which alleviated inflationary pressures and contributed to a decrease in bond yields. Oil prices fell for the third straight Read More …

Gold Gains as Oil and Bond Yields Ease Ahead of Fed Decision

Bullions Updates

Gold concluded the trading session with a 1.1% increase, reaching Rs 1,52,470. This uptick occurred as the momentum in oil prices and bond yields began to wane in anticipation of the forthcoming US Federal Reserve policy decision. Additionally, persistent supply Read More …