Gold Soars on Soft US Inflation Data October Fed Rate Hike Outlook

Bullions News

Gold settled 0.91% higher at Rs 150,390, buoyed by a softer-than-anticipated US inflation report that diminished expectations for a Federal Reserve rate hike in October. US inflation increased at a rate below expectations in August, with revisions to prior month Read More …

Gold Prices Slide as Fed Tightening Pressures Market Sentiment

Bullions Updates

Gold settled down 0.39% at Rs 1,50,710, influenced by expectations of additional tightening from the US Federal Reserve, as robust economic activity and increasing inflationary pressures bolstered a hawkish policy perspective. In September, US business activity surged to a level Read More …

Gold Prices Fall Amid Middle East Developments Change Market Mood

Bullions Updates

Gold prices settled down 0.83% at Rs 1,53,094 as market participants assessed the implications of escalating tensions in the Middle East on inflation and interest rates. Iran and the US have engaged in a new round of threats, while Standard Read More …

Gold Gains as Oil and Bond Yields Ease Ahead of Fed Decision

Bullions Updates

Gold concluded the trading session with a 1.1% increase, reaching Rs 1,52,470. This uptick occurred as the momentum in oil prices and bond yields began to wane in anticipation of the forthcoming US Federal Reserve policy decision. Additionally, persistent supply Read More …

Gold Drops as Robust US Jobs Data Boosts Dollar

Bullions Updates

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 Gains 2.21% as Lower Yields Boost Bullish Momentum

Bullions News

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 falls as Fed Chair Warsh suggests raising rates to curb inflation

Bullions Updates

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 Soars as Treasury Buyback Plan Pressures Dollar and Fuels Demand

Bullions Updates

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 …