Gold Soars on Short Covering Amid Inflation Rate Hike Worries

Bullions News

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 Prices Slip as Fed Rate Outlook Offsets Middle East Risks

Bullions Updates

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 Falls Below Key Levels Amid Geopolitical Risks

Bullions Updates

Gold and silver prices commenced trading on the Multi Commodity Exchange on Wednesday with a decline, as a resurgence of tensions in the Middle East propelled crude oil prices upward. This development has intensified worries that inflationary pressures may sustain Read More …