Gold Rises as Fed Rate Hike Fades and China Boosts July Buys

Bullions News

Gold prices concluded the trading session with a 0.44% increase, reaching Rs 153,765. This uptick was bolstered by diminishing expectations surrounding Federal Reserve rate hikes and reports indicating that China’s central bank augmented its gold purchases in July. Investors maintained Read More …

Middle East tensions and inflation worries drive gold down

Bullions News

Gold futures settled lower by 0.32% at Rs 142,915, as easing geopolitical concerns in the Middle East and persistent inflation worries influenced market sentiment. Investors observed the unfolding situation following U.S. President Donald Trump’s announcement that Iran and various Middle Read More …

Gold Recovers as Investors Eye US Inflation Data

Bullions Updates

Gold prices concluded the trading session with a modest increase of 0.11%, reaching Rs 141,781. This uptick was attributed to short covering following a period of weakness influenced by a robust US dollar and heightened Treasury yields. Market participants exhibited Read More …

Gold Soars as U.S.-Iran Peace Eases Oil Inflation Worries

Bullions Updates

Gold prices concluded the trading session with an increase of 1.06%, reaching Rs 142,883. This uptick was bolstered by short covering as investors evaluated the diplomatic initiatives aimed at alleviating tensions between the United States and Iran. Reports of potential Read More …