Gold Prices Extend Losses as Oil Surge Fuels Rate Hike Fears

Bullions Updates

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 Soars as U.S.-Iran Peace Eases Oil Inflation Worries

Bullions Updates

Gold prices concluded the trading session with an increase of 1.06%, reaching Rs 142,883. This uptick was bolstered by short covering as investors evaluated the diplomatic initiatives aimed at alleviating tensions between the United States and Iran. Reports of potential Read More …

Gold falls amid Middle East tensions and inflation

Bullions Updates

Gold prices declined by 0.29% to close at Rs 141,850, as investors weighed the implications of easing U.S. inflation data against the backdrop of escalating geopolitical tensions in the Middle East. Softer-than-anticipated U.S. producer prices, coupled with subdued consumer inflation, Read More …

Gold Falls as Crude Oil Climbs and U.S.-Iran Tensions Shake Markets

Bullions Updates

Gold prices declined 1.25% to settle at Rs 143,478, influenced by rising crude oil prices and escalating U.S.-Iran tensions, which bolstered expectations that the Federal Reserve may sustain a restrictive monetary policy for an extended period. Minutes from the Fed’s Read More …