Gold settled 0.73% higher at Rs 154,882, buoyed by a weaker dollar following U.S. inflation data that aligned with forecasts, thereby bolstering the view that the Federal Reserve might maintain interest rates at their current level in September. In July, 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 concluded the trading session at Rs 153,099, reflecting an increase of 0.84%. This uptick was bolstered by disappointing U.S. jobs data, which tempered anticipations regarding imminent rate hikes by the Federal Reserve. The U.S. economy unexpectedly shed jobs Read More …
Gold prices commenced higher for the third consecutive session on the MCX on Thursday, buoyed by a depreciating U.S. dollar, declining Treasury yields, and softening oil prices, amidst increasing optimism regarding the reopening of the Strait of Hormuz. In the Read More …
Gold prices extended gains on the MCX for a second consecutive session on Wednesday, as oil prices declined for a third straight day, alleviating inflation concerns. Investors are currently anticipating the forthcoming U.S. jobs data for new insights regarding the Read More …
Gold futures settled lower by 0.32% at Rs 142,915, as easing geopolitical concerns in the Middle East and persistent inflation worries influenced market sentiment. Investors observed the unfolding situation following U.S. President Donald Trump’s announcement that Iran and various Middle Read More …
Gold prices fell by 1.01%, closing at Rs 143,376, as the U.S. dollar strengthened after the Federal Reserve’s recent policy meeting, where interest rates were maintained at their current levels. Fed Chair Kevin Warsh provided minimal insight regarding forthcoming policy, Read More …
Gold prices concluded the trading session with a modest increase of 0.11%, reaching Rs 141,781. This uptick was attributed to short covering following a period of weakness influenced by a robust US dollar and heightened Treasury yields. Market participants exhibited Read More …
Due to pressure from a stronger US currency and market caution ahead of the Federal Reserve’s policy announcement, gold prices fell 1.01% to settle at Rs 141,623. Market participants are closely monitoring the central bank’s guidance on interest rates, with Read More …
As investors continued to exercise caution in anticipation of the US Federal Reserve’s policy decision, gold saw a slight decline of 0.03%, closing at Rs 143,063. Market participants largely anticipate that the Fed will maintain the current interest rates this Read More …
