Gold Dips as Oil Surge Sparks Inflation Worries Before Fed Rate Decision

Bullions News

Gold settled 0.3% lower at Rs 146,079 as rising oil prices revived inflation concerns, while investors awaited next week’s Federal Reserve meeting for insights on the interest rate outlook. Stronger-than-expected US consumer and producer inflation data, propelled by elevated energy Read More …

Gold Falls as Stronger Dollar Counters Lower Fed Rate Hike Hopes

Bullions Updates

Gold prices fell by 1.01%, closing at Rs 143,376, as the U.S. dollar strengthened after the Federal Reserve’s recent policy meeting, where interest rates were maintained at their current levels. Fed Chair Kevin Warsh provided minimal insight regarding forthcoming policy, Read More …