Gold prices settled sharply lower by 1.93% at Rs 152,767, influenced by stronger-than-anticipated U.S. employment data that heightened expectations of a Federal Reserve interest-rate increase as soon as September. U.S. job growth accelerated significantly in August, while the unemployment rate Read More …
Gold settled sharply higher by 2.21% at Rs 155775, supported by a retreat in the US dollar and Treasury yields after dovish comments from Federal Reserve officials reduced expectations of an immediate rate hike. Fed Governor Christopher Waller indicated that Read More …
Gold prices settled down 1.17% at Rs 154,460, pressured by a hawkish shift in U.S. Federal Reserve expectations after Chair Kevin Warsh indicated that interest-rate hikes may be required if inflation fails to move convincingly toward the 2% target. Markets Read More …
Gold settled 0.49% higher at Rs 163,229, buoyed by a weaker dollar following the U.S. Treasury Department’s announcement of its buyback support plan. Investors are closely monitoring forthcoming U.S. inflation data and commentary from the Federal Reserve for insights into Read More …
Gold settled 1.89% higher at Rs.162,438, buoyed by a weaker dollar as investors scrutinised the potential impact of the US Treasury’s expanded bond-buyback program on market confidence. Treasury Secretary Scott Bessent indicated that the government may further increase Treasury repurchases Read More …
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 …
Gold prices increased by 0.09% to close at Rs 142,531, buoyed by short covering following recent declines. The market experienced continued pressure due to expectations that the U.S. Federal Reserve may persist in raising interest rates to manage ongoing inflationary Read More …
Gold and silver prices remained relatively stable on the Multi Commodity Exchange on Monday, even as renewed tensions in the Middle East heightened concerns regarding the precarious nature of the Iran-US ceasefire. Meanwhile, expectations of additional interest rate increases by Read More …
Gold prices experienced a notable decrease of 2.97%, concluding at Rs 149,309, influenced by a robust U.S. dollar and an increasingly hawkish position from the Federal Reserve. The Fed maintained its current interest rates but indicated an increasing consensus for Read More …
Reduced expectations of a U.S. Federal Reserve rate hike later this year helped gold prices rise by 0.11% to close at Rs 153,091. Market sentiment experienced an uptick following an interim U.S.–Iran peace agreement, which contributed to a reduction in Read More …
