Gold settled sharply lower by 1.75% at Rs 145,848, influenced by stronger-than-expected US inflation data that bolstered expectations of a more stringent Federal Reserve monetary policy. In September, the year-on-year US CPI inflation rose to 3.7%, exceeding the expected 3.6%. Read More …
As markets evaluated the prospects for Federal Reserve monetary policy, cooling crude oil prices and a declining US dollar helped gold close 1.26% higher at Rs. 151,499, up Rs. 1,889. Concerns regarding disruptions in Middle East supply have diminished following Read More …
Gold settled down 0.68% at Rs 1,49,103 as a stronger dollar and renewed expectations of further Federal Reserve tightening exerted downward pressure on prices. Minutes from the September 15-16 FOMC meeting indicated that a majority of policymakers viewed an additional Read More …
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 settled 0.14% higher at Rs 1,49,036, buoyed by softer-than-expected US inflation data that bolstered expectations for the Federal Reserve to maintain interest rates at their current levels during the upcoming October meeting. The headline PCE price index rose 0.3% Read More …
Ahead of the holiday season, lower prices drew some purchasing, but gains were still limited by rising US Treasury yields and anticipation of additional rate hikes by the Federal Reserve. Gold ended the day slightly higher at Rs 150,881, up Read More …
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 concluded the trading session with a decline of 0.93%, settling at Rs 151,299. This decrease was influenced by a robust dollar and assertive remarks from officials of the US Federal Reserve, which bolstered anticipations of a more stringent Read More …
Gold prices concluded the trading session with a decline of 0.25%, settling at Rs 1,52,716. This downturn was influenced by assertive indications from Federal Reserve policymakers, which bolstered anticipations of prolonged higher interest rates. The Fed raised rates by 25 Read More …
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 …
