Gold Prices Sink 2.88% as US Inflation Fuels Fed Rate Hike Bets

Bullions Updates

Gold prices experienced a significant decline of 2.88%, closing at Rs 138,485. This drop was influenced by increasing prices and stronger-than-anticipated US inflation data, which bolstered expectations for additional monetary tightening by the Federal Reserve. US inflation accelerated in September, Read More …

Gold Falls 0.77% to Rs 142,596 as Fed Rate Hike Fears Persist

Bullions Updates

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 Gains as Central Bank Buying Supports Outlook

Bullions Updates

Gold settled higher by 0.74% at Rs 144,138, buoyed by declining prices that alleviated inflation concerns in anticipation of the US Federal Reserve’s policy meeting. However, gains were constrained by elevated Treasury yields, as market participants continued to express concerns Read More …

Gold Soars as Lower Oil Prices Calm US Inflation Worries and Boost Sentiment

Latest Commodity News

Gold settled 0.74% higher at Rs. 143,073, gaining Rs. 1,049 as softer oil prices eased inflation concerns ahead of this week’s Federal Reserve policy meeting. Investors are assessing the Federal Reserve’s interest rate path amid the persistent tensions in the Read More …

Gold Dips as Oil Surge Sparks Inflation Worries Before Fed Decision

Bullions Updates

Gold prices concluded the session at Rs 143,309, reflecting a decline of 1.9%. This drop can be attributed to escalating crude oil prices, which have intensified inflation worries in anticipation of the Federal Reserve’s policy meeting scheduled for October 27-28. Read More …

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 Prices Surge as Dollar and US Treasury Yields Struggle Today

Bullions News

Gold closed 1.13% higher at Rs. 147,489 as investors evaluated the likelihood of additional Federal Reserve rate hikes and the currency and US Treasury yields continued to be under pressure. In September, US consumer prices experienced an uptick, primarily propelled Read More …

Gold Soars as Investors Scrutinise Fed’s September Minutes

Bullions Updates

Gold settled 0.34% higher at Rs. 149,610 as investors evaluated the minutes of the US Federal Reserve’s September meeting for insights into the interest rate trajectory. Fed policymakers exhibited a divergence of opinions regarding the necessity for further tightening. Some Read More …