Gold prices continued their downward trend for a second consecutive session on the MCX on Friday, coinciding with Brent crude surpassing $100 a barrel. This development has heightened inflation concerns and bolstered expectations that interest rates may persist at elevated Read More …
Gold prices experienced a significant decline of 1.41%, closing at Rs 147,203, influenced by the strengthening of the U.S. dollar and the Federal Reserve’s hawkish position. The Fed maintained interest rates at 3.50%-3.75%, yet revised projections indicated that nine policymakers Read More …
Gold prices experienced a notable decline of 1.51%, closing at Rs 152,443. This drop was influenced by a widespread market sell-off and growing anticipations regarding a potential increase in interest rates by the U.S. Federal Reserve later this year. Sentiment Read More …
Gold prices concluded the trading session with an increase of 0.65%, reaching Rs 159,547. This uptick was bolstered by a depreciating U.S. dollar and declining bond yields, following a drop in crude oil prices amid optimism regarding a possible reduction Read More …